# Corebridge Financial

> Corebridge Financial is a Houston-based retirement and insurance company that turns household savings and institutional liabilities into managed financial outcomes. Its four operating businesses span individual annuities, employer retirement plans, life insurance and institutional markets, serving consumers through financial professionals as well as schools, hospitals, governments, nonprofits and pension sponsors. The company became independent from AIG in 2022 and has agreed to merge with Equitable Holdings in a stock transaction expected to close in 2026, subject to remaining conditions.

- **Founded:** 2022
- **Headquarters:** Houston, United States
- **Founders:** Gus Sessions Wortham (Founder of American General, a principal predecessor business, in 1926)
- **Team size:** Approximately 4,800 employees as of 2025
- **Products:** Individual retirement and annuities, Employer retirement plans, Life insurance, Institutional markets, Corebridge MarketLock Annuity
- **Notable:** Became independent through the largest U.S. IPO of 2022, raising approximately $1.68 billion in gross proceeds for AIG., Managed or administered more than $380 billion of assets as of March 31, 2026., Served nearly 20,000 retirement plans across all 50 states as of December 31, 2025.

## Products & services

- **Individual retirement and annuities** — Income, fixed, index, registered index-linked and variable annuities designed for tax-deferred accumulation, downside management and lifetime income.
- **Employer retirement plans** — Plan administration, investment access, advice, education and digital tools for employees and sponsors, with particular depth in education, healthcare, government and nonprofit markets.
- **Life insurance** — Term, permanent and final-expense coverage distributed directly and through financial professionals, including options that build cash value or protect beneficiaries.
- **Institutional markets** — Pension risk transfer, structured settlements, guaranteed investment contracts, stable-value wraps and corporate-market solutions for institutional clients.
- **Corebridge MarketLock Annuity** — A registered index-linked annuity with multiple strategy accounts, defined buffers against a portion of losses and an automated feature that can lock index gains when selected thresholds are reached.
- **SponsorFIT and Financial Wellness Center** — Digital plan-administration and participant education experiences for employer retirement plan sponsors and savers.

## Achievements

- Became independent through the largest U.S. IPO of 2022, raising approximately $1.68 billion in gross proceeds for AIG.
- Managed or administered more than $380 billion of assets as of March 31, 2026.
- Served nearly 20,000 retirement plans across all 50 states as of December 31, 2025.
- Paid $52 billion in claims and benefits from 2021 through 2025.
- Recorded $41.7 billion in premiums and deposits during 2025.
- Entered the Fortune 500 in 2025 and appeared again in 2026.
- Ranked number one in partner satisfaction for annuity distribution in J.D. Power's 2026 study, according to the company.
- Recognized as a World's Top Disability Inclusive Business in 2026 for the third consecutive year.

## Latest updates

- **2026-08** — Reported a second-quarter net loss available to common shareholders of $16 million, adjusted after-tax operating income of $512 million and $9.1 billion in premiums and deposits; shareholders of Corebridge and Equitable had approved the merger on July 30.
- **2026-07** — Named to the Fortune 500 for the second consecutive year and expanded index-annuity accumulation and diversification options.
- **2026-06** — Published a 2,210-person decumulation study showing only 28% were comfortable drawing down savings and announced Baltimore City Public Schools as sole retirement-plan provider.
- **2026-05** — Named the intended leadership team for the proposed combined company; Marc Costantini is set to remain CEO after closing.
- **2026-03** — Agreed to an all-stock merger with Equitable Holdings that would create a company with more than 12 million customers and $1.5 trillion in assets under management and administration, subject to closing conditions.
- **2026-02** — Reported 2025 premiums and deposits of $41.7 billion, adjusted after-tax operating income of $2.388 billion and a GAAP net loss of $366 million.

## Links

- Website: https://www.corebridgefinancial.com/
- LinkedIn: https://www.linkedin.com/company/corebridgefinancial/
- Twitter/X: https://twitter.com/corebridgefin
- YouTube: https://www.youtube.com/channel/UCLKS7ZPjX1nkdUi3pbolphA
- Instagram: https://www.instagram.com/corebridgefinancial/

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Profile page: https://yespress.io/corebridge-financial
Published by YesPress — https://yespress.io
Last updated: 2026-08-14