Corebridge Financial Inc.
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About
Corebridge Financial, Inc. provides retirement solutions, life insurance, and institutional products serving individual consumers and institutions. The company operates through Individual Retirement (fixed and variable annuities, life insurance), Group Retirement (employer-sponsored retirement plans), and Institutional Markets (funding agreements, pension risk transfer, structured settlements) segments. Corebridge helps individuals save for and live in retirement through annuities and life insurance products distributed through financial professionals, banks, and direct channels. The company also provides pension risk transfer solutions helping corporations transfer pension liabilities. Corebridge was formed through the separation from American International Group (AIG) and went public in 2022, with AIG retaining majority ownership. Headquartered in Houston, Texas, Corebridge has roots in AIG's life and retirement businesses. The company benefits from scale, distribution relationships, product capabilities, and growing retirement market opportunities with aging populations. Corebridge faces interest rate sensitivity, competitive insurance markets, regulatory requirements, and the need to operate independently from AIG. The company continues to focus on product innovation, distribution expansion, operational efficiency, and serving retirement and insurance needs.