Corebridge Financial
Corebridge Financial is a US-based provider of life insurance and retirement solutions, offering annuities, life insurance, employer retirement plans, and institutional markets products through wholly-owned subsidiaries managing over $385B in AUMA and serving 12 million+ customers.
- Company typePublic
- Founded2022
- HeadquartersHouston, United States
- Headcount5,001–10,000
- GTM typeB2B and B2C
- OfferingServices
What Corebridge Financial does
Corebridge Financial, Inc. is a Houston-headquartered, NYSE-listed (CRBG) provider of life insurance and retirement solutions in the United States, spun off from AIG through a 2022 IPO. The company operates through wholly-owned subsidiaries including American General Life Insurance Company, The United States Life Insurance Company in the City of New York, and The Variable Annuity Life Insurance Company (VALIC), collectively managing over $385 billion in assets under management and administration as of December 31, 2025. Corebridge generates revenue through five primary streams: annuity products (fixed, index, variable, and registered index-linked), life insurance premiums (term, permanent, and final expense), asset management fees, employer retirement plan administration (primarily 403(b) and 457(b) plans for educational institutions and non-profits), and institutional markets (pension risk transfer and reinsurance).
The company distributes products through an extensive multi-channel network including licensed financial professionals served by the Connext advisor portal, employer plan sponsors, institutional sales teams, digital self-service platforms, and exclusive distribution partners such as Market Synergy Group. Technology infrastructure consists of customer-facing portals for annuities, life insurance, and retirement accounts, the SponsorFIT plan sponsor portal, and advisor support tools, complemented by research-based decumulation planning resources. Record FY2025 total premiums and deposits of $41.7B (+4% YoY) reflect strong momentum across the annuity franchise, with variable annuity reinsurance arrangements (including a $2.8B Venerable transaction in January 2026) reshaping the in-force risk profile.
The firm is undergoing a transformational merger with Equitable Holdings announced in March 2026 (~$22B all-stock, expected to close by end 2026), which will create a combined entity with approximately $1.5 trillion in AUMA serving over 12 million customers, targeting $500M in annual pre-tax expense synergies by 2028. Nippon Life Insurance Company holds an approximately 20% ownership stake following AIG's full exit, and AllianceBernstein will manage at least $100B of the combined general account post-merger.
Corebridge Financial firmographics
Firmographics- Name
- Corebridge Financial
- Legal name
- Corebridge Financial, Inc.
- Website
- https://corebridgefinancial.com
- Company type
- Public
- Founded year
- 2022
- Operating status
- Operating
- Headcount range
- 5,001–10,000 employees
- Short description
- Corebridge Financial is a US-based provider of life insurance and retirement solutions, offering annuities, life insurance, employer retirement plans, and institutional markets products through wholly-owned subsidiaries managing over $385B in AUMA and serving 12 million+ customers.
- Ownership category
- akta.pro rank
Corebridge Financial industry classification
Industry- Product category
- Life Insurance and Retirement Solutions
- NAICS
- Direct Life, Health, and Medical Insurance Carriers (52411), Portfolio Management and Investment Advice (523940)
- SIC
- Life Insurance (6311)
- akta.pro primary industry
- Retirement Income Planning & Decumulation Advisory (FSAEABAD)
- akta.pro secondary industry
- Pension Master Trusts, Superannuation & Provident Funds (FSAAAGAB)
Keywords
Where Corebridge Financial is headquartered
LocationHeadquarters
- HQ city
- Houston
- HQ country
- United States
- HQ region
- North America
Offices4 records
Markets served
Corebridge Financial business model
Business model- GTM type
- B2B and B2C
- Offering type
- Services
- Cost components
- Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure, Others
Revenue model
- Annuity Products: Revenue from fixed annuities, index annuities, variable annuities, and registered index-linked annuities (RILAs) that provide guaranteed income streams and wealth accumulation
- Life Insurance Premiums: Revenue from term life, permanent life, and final expense whole life insurance products
- Asset Management Fees: Fees from managing retirement plan assets and institutional investment portfolios under administration
- Retirement Plan Administration: Fees from administering employer-sponsored retirement plans including 403(b) and 457(b) plans for educational institutions and non-profit organizations
- Institutional Markets: Revenue from pension risk transfer business, institutional investment products, and reinsurance arrangements
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Other | Multi-year contract | Individual annuity and insurance products are priced based on individual assessments |
Go-to-market motion1 record
Distribution channels5 records
Marketing channels5 records
Corebridge Financial product offering
Product offeringCore offering
Corebridge Financial is a leading U.S. provider of retirement solutions and insurance products, offering a comprehensive portfolio that includes fixed, indexed, variable, and registered index-linked annuities; term, permanent, and final expense life insurance; employer-sponsored 403(b) and 457(b) retirement plans; and institutional markets solutions such as pension risk transfer and reinsurance. The company distributes these products through licensed financial professionals, employer plans, institutional clients, and digital self-service platforms, managing over $385 billion in assets under management and administration.
Product overview
Corebridge Financial is one of the largest and most established life insurance and retirement solutions providers in the United States, offering a comprehensive suite of products through a platform-plus-modules architecture. The core offerings include annuities (Registered Index-Linked, Fixed, Index, and Variable), life insurance (Term, Permanent, and Final Expense), and employer retirement plans (403(b) and 457(b)). Additional modules include Institutional Markets for pension risk transfer and corporate solutions, Individual Retirement products, and Wealth Management services. The company manages over $385 billion in assets under management and administration as of December 31, 2025, and serves individuals, employers, financial professionals, and plan participants across the United States.
Differentiator
Problem solved
Functional benefit
Products and services
- Registered Index-Linked Annuity An annuity product that offers growth potential tied to the performance of an index, providing downside protection while allowing participation in market gains. Designed for individual consumers seeking retirement income with market-linked growth and principal protection features.
- Fixed Annuities Annuity products that provide a guaranteed fixed interest rate, offering stable, predictable returns for retirement savings accumulation. Designed for individual consumers seeking low-risk retirement income and principal protection.
- Index Annuities Annuity products that earn returns based on the performance of a market index, combining features of both fixed and variable annuities. Designed for individual consumers seeking equity-market-linked growth with downside protection.
- Variable Annuities Annuity products where contract value fluctuates based on the investment performance of underlying sub-accounts, offering growth potential with associated market risk. Designed for individual consumers comfortable with market risk seeking retirement growth.
- Term Life Insurance Life insurance coverage for a specified term length, providing death benefit protection at affordable premiums for temporary needs. Designed for individual consumers seeking affordable, time-limited coverage.
- Permanent Life Insurance Life insurance coverage that remains in force for the insured's lifetime, featuring cash value accumulation and lifetime death benefit protection. Designed for individual consumers seeking permanent coverage with cash value growth.
- Final Expense Life Insurance Simplified whole life insurance designed to cover end-of-life expenses such as funeral costs and medical bills. Designed for individual consumers and seniors seeking affordable coverage for end-of-life costs.
- Employer Retirement Plans Comprehensive retirement plan solutions for employers including 403(b) and 457(b) plans, with features for employee financial wellness, investment solutions, and participant digital experience. Designed for educational institutions, non-profits, and other employers sponsoring employee retirement plans.
- Institutional Markets Solutions Solutions for organizations to build financial resilience and support institutional goals, including pension risk transfer and institutional investment products. Designed for large corporations, pension plan sponsors, and institutional clients.
- Power Select Index Annuities Index annuity products that provide exposure to technology stocks and cryptocurrency through the Invesco New Economy Index, issued by American General Life Insurance Company. Designed for individual consumers seeking growth linked to technology and digital asset indices, distributed exclusively through Market Synergy Group.
- Individual Retirement Retirement savings and income products for individuals including annuities designed to help secure financial futures. Bundles Corebridge's annuity offerings for individual consumers planning retirement.
- Wealth Management Wealth management services supporting high-net-worth individuals with comprehensive financial planning and investment management.
Quantifiable outcome
- 60% of retirees have more money now than when they entered retirement, with many choosing to underspend due to fear of running out
- +2 more outcomes
Companies that use Corebridge Financial
Customer profileNamed customers2 records
Segments5 records
Ideal customer profiles4 records
Corebridge Financial technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature4 records
Corebridge Financial partnerships and signals
Strategic signalPartnerships
Five partnerships are on record, tiered minor and core.
- Baltimore City Public SchoolsminorSelected as sole provider for supplemental retirement savings plans, consolidating from 12 providers to one. Covers approximately 10,000 participants and roughly $500 million in plan assets across 403(b) and 457(b) retirement plans.
- Equitable HoldingscoreAnnounced transformational all-stock merger creating a combined entity valued at approximately $22 billion. Expected to close by end of 2026. Corebridge shareholders will own approximately 51% and Equitable shareholders 49% of combined company. Target of $500 million in annual pre-tax expense synergies by end of 2028.
- AllianceBernstein (AB)coreFollowing Corebridge-Equitable merger, AllianceBernstein (68% owned by Equitable) will manage at least $100 billion of the combined entity's general account assets. Combined general account asset base projected to exceed $350 billion.
- Market Synergy GroupcoreExclusive distribution partner for Power Select Index Annuities including products with Invesco New Economy Index offering exposure to Nasdaq-100 technology stocks and spot bitcoin.
- Venerable HoldingscoreCompleted variable annuity reinsurance transaction valued at $2.8 billion, including reinsurance of all Individual Retirement variable annuities from Corebridge subsidiaries and sale of related investment adviser SAAMCo. Generated approximately $2.1 billion of net proceeds after tax.
Scale indicators11 records
Recent moves6 records
Expansion highlights3 records
Corebridge Financial competitors and assessment
Company assessmentDirect peers
- Prudential Financial: US-based life insurance and retirement leader offering annuities, life insurance, group retirement, and asset management products through individual and institutional channels, directly competing with Corebridge across individual retirement and pension risk transfer.
- MetLife: Global life insurance and retirement provider with a US-focused group benefits and retirement business that overlaps with Corebridge's employer retirement plans, annuities, and institutional markets franchises.
- Lincoln National: Major US provider of variable annuities, fixed/indexed annuities, life insurance, and employer retirement plans, with overlapping product mix and distribution model that makes it a direct Corebridge competitor in individual retirement.
- Jackson Financial: Pure-play US annuity and retirement specialist built from the former Jackson National Life block, directly competing with Corebridge in variable and registered index-linked annuities distributed through independent advisors.
- Brighthouse Financial: US annuity and life insurance carrier spun off from MetLife, with comparable product lineup (variable, fixed, indexed annuities, life insurance) and institutional pension risk transfer business that competes head-to-head with Corebridge.
- Equitable Holdings: Corebridge's announced merger partner, with overlapping individual retirement, group retirement, and wealth management offerings, AllianceBernstein asset management linkage, and similar advisor distribution model.
- Athene Holding: Leading US retirement services company owned by Apollo, specializing in fixed and indexed annuities and reinsurance, with a comparable capital-light strategy and significant pension risk transfer presence.
- Global Atlantic Financial Group: KKR-owned annuity and reinsurance platform with mid-market pension risk transfer and individual retirement business, offering similar spread-based retirement income products to Corebridge's Individual Retirement and Institutional Markets segments.
- Nationwide Financial: US mutual holding company offering individual annuities, retirement plans, life insurance, and institutional pension solutions, competing with Corebridge across multiple distribution channels and customer segments.
- New York Life: Large US mutual life insurer with a significant retirement income and pension risk transfer franchise, competing directly with Corebridge in institutional markets and individual retirement income products.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
Corebridge Financial social profiles
Digital presenceCorebridge Financial compliance and trust
Trust signalCompliance1 record
Corebridge Financial financial estimates
Financial estimateRevenue estimate
Valuation estimate
Corebridge Financial leadership team
Management profileNumber of profiles
Profiles25 records
Corebridge Financial subsidiaries and ownership
Company hierarchySubsidiaries3 records
Corebridge Financial funding detail
Funding detailFunding overview
Funding rounds10 records
Investors1 record
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Corebridge Financial M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Corebridge Financial
What does Corebridge Financial do?
Corebridge Financial is a leading U.S. provider of retirement solutions and insurance products, offering a comprehensive portfolio that includes fixed, indexed, variable, and registered index-linked annuities; term, permanent, and final expense life insurance; employer-sponsored 403(b) and 457(b) retirement plans; and institutional markets solutions such as pension risk transfer and reinsurance. The company distributes these products through licensed financial professionals, employer plans, institutional clients, and digital self-service platforms, managing over $385 billion in assets under management and administration.
Is Corebridge Financial a public or private company?
Corebridge Financial is a public company. It is classified as public and is currently operating.
When was Corebridge Financial founded?
Corebridge Financial was founded in 2022. It employs 5,001 to 10,000 people.
Where is Corebridge Financial based?
Corebridge Financial is headquartered in Houston, United States, in the North America region.
How does Corebridge Financial make money?
Five revenue lines are on record. Annuity Products are the primary driver. The others are life Insurance Premiums, asset Management Fees, retirement Plan Administration and institutional Markets.
Who are Corebridge Financial's main competitors?
Direct peers on record are Prudential Financial, MetLife, Lincoln National, Jackson Financial, Brighthouse Financial, Equitable Holdings, Athene Holding, Global Atlantic Financial Group, Nationwide Financial and New York Life.
Does Corebridge Financial have an API?
No public API is recorded for Corebridge Financial.
What industry is Corebridge Financial in?
Corebridge Financial's product category is Life Insurance and Retirement Solutions. Its primary akta.pro industry code is FSAEABAD, Retirement Income Planning & Decumulation Advisory, with a secondary code of FSAAAGAB, Pension Master Trusts, Superannuation & Provident Funds. Its NAICS code is 52411 and its SIC code is 6311.