Corebridge Financial provides retirement solutions and insurance products in the United States. Its operations are structured into Individual Retirement, Group Retirement, Life Insurance, and Institutional Markets segments. The Individual Retirement segment provides fixed annuities, fixed index and registered index-linked, and variable annuities.
The Group Retirement segment offers in-plan products and services comprising an open architecture recordkeeping platform that allows plan participants to allocate money to a variety of mutual fund options or a fixed interest account. Its portfolio also includes flexible group variable and fixed annuity, and in-plan investment advisory services.
The Life Insurance segment offers term, whole, index universal, and guaranteed universal life insurance products. The Institutional Markets segment provides defined contribution and bank-owned life insurance stable value wraps, structured settlement and pension risk transfer annuities, corporate and bank-owned life insurance, private placement variable universal life and annuities products, and guaranteed investment contracts.
It also provides out-of-plan products and services, including proprietary and non-proprietary annuities. Its portfolio also includes investment advisory solutions, such as fiduciary, fee-based investments, and brokerage services for non-proprietary variable annuity, securities, life insurance, mutual funds, and 529 plans. Incorporated in 1998, The company was formerly known as SAFG Retirement Services, Inc. Corebridge Financial is headquartered in Houston, Texas.