Articles from Corebridge Financial

Corebridge Financial has launched the next generation of its retirement plan digital experience, designed to provide retirement savers clear and simple information, effortless control, and guidance that fits with their personal financial journey.

Corebridge Financial, Inc. (NYSECRBG) today announced that it will report fourth quarter and full year 2024 financial results after the market closes on Wednesday, February 12, 2025. Corebridge earnings materials will be available in the Investors section of corebridgefinancial.com.

Corebridge Financial, Inc. (NYSECRBG) today announced that Keith Gubbay and Colin J. Parris have joined its Board of Directors. With these appointments, the Corebridge Financial Board of Directors now consists of 13 members.

Corebridge Financial, Inc. (NYSECRBG) today announced that Polly Klane will join the company as General Counsel in February. Reporting to Chief Executive Officer Kevin Hogan, Klane will oversee Corebridge’s legal, compliance, regulatory, corporate secretary and government affairs functions. She will also serve as a member of the company’s Executive Leadership Team. Klane will assume responsibilities from Christine Nixon who announced her retirement last year after more than 30 years of dedicated service to the company. Nixon will continue with Corebridge through the first quarter to ensure a smooth transition.

New research from Corebridge Financial digs into the financial realities of retired women compared to what they expected and provides key learnings for future retirees. The study reveals that only 19% of retired women are finding retirement to be exactly what they expected, with 26% going as far to say that retirement is not at all what they expected. The most common retirement surprise is cost, with 50% of retired women saying retirement is more expensive than anticipated, followed by 46% who say they retired earlier than they expected.

Corebridge Financial, Inc. (NYSECRBG) today announced updates to its Board of Directors.

Corebridge Financial, Inc. (NYSECRBG) today announced that the previously announced secondary offering by American International Group, Inc. NYSE: AIGNYSEAIG)

Corebridge Financial, Inc. (NYSECRBG) today announced the launch of a secondary offering of its common stock by American International Group, Inc. NYSE: AIGNYSEAIG)

Corebridge Financial, Inc. ("Corebridge" or the "Company") (NYSECRBG) today reported financial results for the third quarter ended September 30, 2024.

Corebridge Financial and Miami-Dade County Public Schools are commemorating one of the earliest implementations of a 403(b) retirement plan in a public school, dating back to 1964. The Variable Annuity Life Insurance Company (VALIC), a Corebridge Financial company, issued a 403(b) plan sixty years ago this month to a teacher at Coral Gables Elementary who enrolled at $25 per pay period, helping to pioneer 403(b) employer contracts for educators in the United States.

Corebridge Financial, Inc. (NYSECRBG) today announced that it will report third quarter 2024 financial results after the market closes on Monday, November 4, 2024. Corebridge earnings materials will be available in the Investors section of corebridgefinancial.com.

Corebridge Financial today announced the launch of Corebridge MarketLock® Annuity, a registered index-linked annuity (RILA) issued by its subsidiary American General Life Insurance Company. MarketLock features a powerful accumulation strategy exclusive to Corebridge, as well as many of the most popular RILA investment strategies sought by financial professionals and their clients. All the investment strategies in the Corebridge RILA offer growth potential and a level of downside protection.

As the workplace benefit enrollment period approaches for many employees this November, a new survey from Corebridge Financial suggests workers who are already preparing for the process are more likely to feel positive about their retirement plans. With more than 75% of respondents saying they begin preparing for their benefits selection at least one week prior to open enrollment, those who plan ahead are twice as likely to have a positive outlook on their retirement plans going into the open enrollment period compared to those who do not.

Corebridge Financial, Inc. (NYSECRBG) today announced that its Board of Directors has elected Edward Bousa as an independent director, effective immediately.

Corebridge Financial, Inc. (NYSECRBG) today announced that Kevin Hogan, President and Chief Executive Officer of Corebridge, will participate in a fireside chat at the Barclays 22nd Annual Global Financial Services Conference at 2:45 p.m. EDT on Tuesday, September 10, 2024.

According to new research from Corebridge Financial, many Americans have a good understanding of key life insurance principles, yet nearly 6 in 10 either do not have coverage (50%) or do not know if they do (9%).

Corebridge Financial, Inc. ("Corebridge" or the "Company") (NYSECRBG) today reported financial results for the second quarter ended June 30, 2024.

America’s public sector workers report feeling satisfied with what they do for a living, with 80% saying they are happy in their chosen professions, according to a new study from Corebridge Financial surveying healthcare, education, government and non-profit employees. While 42% say they hope to celebrate the end of their careers with a long retirement of 20 or more years, just 41% feel they are on track to achieve the retirement they envision and nearly a quarter (24%) are unsure if they are saving enough.

Corebridge Financial, Inc. (the “Company”) announced today that effective at 10:00 a.m. EDT on July 15, 2024, the U.S. Securities and Exchange Commission declared effective its previously filed Registration Statement on Form S-4 for the exchange of up to $500 million aggregate principal amount of its outstanding 6.050% Senior Notes due 2033 (the “Old Notes”) for a like principal amount of its 6.050% Senior Notes due 2033 (the “New Notes”), which have been registered under the Securities Act of 1933, as amended.

Corebridge Financial, Inc. (NYSECRBG) today announced that it will report second quarter 2024 financial results after the market closes on Wednesday, July 31, 2024. Corebridge earnings materials will be available in the Investors section of corebridgefinancial.com.

Corebridge Financial, Inc. (NYSECRBG) today announced the name change of its long-standing direct-to-consumer life insurance business from AIG Direct to Corebridge Direct.

Corebridge Financial, Inc. ("Corebridge" or the "Company") (NYSECRBG) today reported financial results for the first quarter ended March 31, 2024.

According to a new survey from Corebridge Financial gauging sentiments about financial knowledge and expertise during National Financial Capability Month, roughly one in three respondents say they did not “get serious” about financial planning until after the age of 35. However, younger generations report they are starting their financial journeys earlier.

Corebridge Financial, Inc. (NYSECRBG) today announced that it has completed the previously announced sale of its UK life insurance business (operating as AIG Life Limited) to Aviva plc.

Corebridge Financial, Inc. (NYSECRBG) today announced that it will report first quarter 2024 financial results before the market opens on Friday, May 3, 2024. The Corebridge press release and financial supplement will be available in the Investors section of corebridgefinancial.com.

More than half (54%) of Americans say it’s their goal to live to 100, according to a new study from Corebridge Financial and The Longevity Project. Family, friends and new experiences are seen as the top benefits of a very long life, with 72% of respondents citing continued meaningful relationships with family and friends and 65% looking for more time to explore and have new experiences.

Corebridge Financial, Inc. (NYSECRBG) today announced that its Board of Directors elected Deborah Leone as an independent director on March 5, 2024.

Corebridge Financial, Inc. ("Corebridge" or the "Company") (NYSECRBG) today reported financial results for the fourth quarter and full year ended December 31, 2023.

Corebridge Financial today announced the expansion of its annuity lineup for registered investment advisors (RIAs) with the launch of American Pathway AdvisorySM—a multi-year guaranteed annuity (MYGA) that offers growth and principal protection, along with flexibility and convenience.

Corebridge Financial, Inc. (NYSECRBG) (“Corebridge”) today announced that it entered into a share repurchase agreement (the “Share Repurchase Agreement”) with American International Group, Inc. (“AIG”) and an affiliate of Blackstone Inc. (“Blackstone”) on December 14, 2023, pursuant to which it will repurchase an aggregate of $150 million of Corebridge common stock (the “Share Repurchase”). Of the $150 million, approximately $135 million will be repurchased from AIG and approximately $15 million will be repurchased from Blackstone. The Share Repurchase is expected to close on December 18, 2023, subject to customary closing conditions.

The overwhelming majority of workers (87%) believe it’s a good idea to review their retirement savings plan while selecting other workplace benefits during their company’s open enrollment period, but just 44% say they will review how much they contribute to their retirement plan, according to a new survey released by Corebridge Financial and Morning Consult. Additionally, only 34% expect to review their employer’s contribution and only 31% plan to evaluate whether they are on track to meet their retirement goals.

Corebridge Financial, Inc. ("Corebridge" or the "Company") (NYSECRBG) today reported financial results for the third quarter ended September 30, 2023.

Corebridge Financial, Inc. (NYSECRBG) (“Corebridge” or the “Company”) today announced that its Board of Directors has declared a special dividend of $1.16 per share payable on November 22, 2023, to common shareholders of record on November 13, 2023. The aggregate amount of the payment to be made in connection with this special dividend will be approximately $730 million.

Corebridge Financial, Inc. (NYSECRBG) today announced that it has successfully completed the previously announced sale of Laya Healthcare Limited (“laya healthcare”) to a subsidiary of AXA S.A. (“AXA”).

Corebridge Financial, Inc. (NYSECRBG) today announced that it will report third quarter 2023 financial results before the market opens on Friday, November 3, 2023. Corebridge’s press release and financial supplement will be available in the Investors section of corebridgefinancial.com.

Three out of four (75%) borrowers surveyed said that resuming student debt payments will impact their ability to save for retirement, according to new insight released by Corebridge Financial and Morning Consult. The poll also showed that in order to make these payments beginning in October of this year, more than one in five borrowers expect to reduce savings overall (29%), for emergencies (29%) and retirement (22%).

Corebridge Financial, Inc. (NYSECRBG) today announced that it has entered into a definitive agreement to sell its UK life insurance business (operating as AIG Life Limited), to Aviva plc for a total consideration of £460 million in cash.

Corebridge Financial today announced that Isil Muderrisoglu has been named Head of Investor and Rating Agency Relations, effective immediately. Ms. Muderrisoglu will report to Elias Habayeb, Chief Financial Officer, Corebridge Financial.

Corebridge Financial, Inc. ("Corebridge" or the "Company") (NYSECRBG) today reported financial results for the second quarter ended June 30, 2023.

Corebridge Financial, Inc. (NYSECRBG) today announced that it has entered into a definitive agreement to sell its subsidiary, Laya Healthcare Limited (“laya healthcare”), to AXA for a total consideration of €650 million in cash. The sale of laya healthcare is expected to close in the fourth quarter of 2023, subject to regulatory approvals and other customary closing conditions.

Corebridge Financial, Inc. (NYSECRBG) today announced that it will report second quarter 2023 financial results before the market opens on Friday, August 4, 2023. Corebridge’s press release and financial supplement will be available in the Investors section of corebridgefinancial.com.

Corebridge Financial, Inc. (NYSECRBG) (“Corebridge”) today announced that it entered into a share repurchase agreement (the “Share Repurchase Agreement”) with American International Group, Inc. (AIG) and an affiliate of Blackstone Inc. (“Blackstone”) on June 21, 2023, pursuant to which it will repurchase an aggregate of $200 million of Corebridge common stock (the “Share Repurchase”). Of the $200 million, approximately 90.1% will be repurchased from AIG and approximately 9.9% will be repurchased from Blackstone. The Share Repurchase is expected to close on June 23, 2023, subject to customary closing conditions.

Corebridge Financial, Inc. (NYSECRBG) (“Corebridge” or the “Company”) today announced that its Board of Directors has declared a special dividend of $0.62 per share payable on June 30, 2023, to common shareholders of record on June 16, 2023. The aggregate amount of the payment to be made in connection with this special dividend will be approximately $400 million.

Corebridge Financial, Inc. ("Corebridge" or the "Company") (NYSECRBG) today reported financial results for the first quarter ended March 31, 2023.

Corebridge Financial, Inc. (the “Company”) announced today that effective at 10:00 a.m. EDT on April 26, 2023, the U.S. Securities and Exchange Commission declared effective its previously filed Registration Statement on Form S-4 for the exchange of up to $1.0 billion aggregate principal amount of its outstanding 3.500% Senior Notes due 2025 (the “Old 3.500% Senior Notes”), up to $1.25 billion aggregate principal amount of its outstanding 3.650% Senior Notes due 2027 (the “Old 3.650% Senior Notes”), up to $1.0 billion aggregate principal amount of its outstanding 3.850% Senior Notes due 2029 (the “Old 3.850% Senior Notes”), up to $1.5 billion aggregate principal amount of its outstanding 3.900% Senior Notes due 2032 (the “Old 3.900% Senior Notes”), up to $500 million aggregate principal amount of its outstanding 4.350% Senior Notes due 2042 (the “Old 4.350% Senior Notes”), up to $1.25 billion aggregate principal amount of its outstanding 4.400% Senior Notes due 2052 (the “Old 4.400% Senior Notes” and, together with the Old 3.500% Senior Notes, Old 3.650% Senior Notes, Old 3.850% Senior Notes, Old 3.900% Senior Notes and Old 4.350% Senior Notes, the “Old Senior Notes”) and up to $1.0 billion aggregate principal amount of its outstanding 6.875% Fixed-to-Fixed Reset Rate Junior Subordinated Notes due 2052 (the “Old Hybrid Notes” and, together with the Old Senior Notes, the “Old Notes”), for a like principal amount of its 3.500% Senior Notes due 2025 (the “New 3.500% Senior Notes”), 3.650% Senior Notes due 2027 (the “New 3.650% Senior Notes”), 3.850% Senior Notes due 2029 (the “New 3.850% Senior Notes”), 3.900% Senior Notes due 2032 (the “New 3.900% Senior Notes”), 4.350% Senior Notes due 2042 (the “New 4.350% Senior Notes”), 4.400% Senior Notes due 2052 (the “New 4.400% Senior Notes” and, together with the New 3.500% Senior Notes, New 3.650% Senior Notes, New 3.850% Senior Notes, New 3.900% Senior Notes and New 4.350% Senior Notes, the “New Senior Notes”) and 6.875% Fixed-to-Fixed Reset Rate Junior Subordinated Notes due 2052 (the “New Hybrid Notes” and, together with the New Senior Notes, the “New Notes”), respectively, which have been registered under the Securities Act of 1933, as amended.

Corebridge Financial, Inc. (NYSECRBG) today announced that it will report first quarter 2023 financial results before the market opens on Tuesday, May 9, 2023. Corebridge’s press release and financial supplement will be available in the Investors section of corebridgefinancial.com.

Corebridge Financial today announced the expansion of its partnership with Market Synergy Group (MSG), one of the nation’s largest networks of independent marketing organizations, to include the launch of Power Select AdvisorySM, a fixed index annuity created for registered investment advisors (RIAs).

Corebridge Financial today announced that its Advanced Outcomes Annuity®, a variable annuity featuring structured outcome investments, now includes hedged equity funds managed by Milliman Financial Risk Management (Milliman FRM) and sub-advised by Capital Group, home of the American Funds®.

Corebridge Financial, Inc. ("Corebridge" or the "Company") (NYSECRBG) today reported financial results for the fourth quarter and full year ended December 31, 2022.

Corebridge Financial, Inc. (NYSECRBG) today announced that Lisa Longino has been named Chief Investment Officer, effective immediately. Ms. Longino will report to Kevin Hogan, Chief Executive Officer, Corebridge Financial.

Corebridge Financial, Inc. (NYSECRBG) today announced that it will report fourth quarter and full year 2022 financial results before the market opens on Friday, February 17, 2023. Corebridge’s press release and financial supplement will be available in the Investors section of corebridgefinancial.com.

Corebridge Financial today announced the introduction of the Dimensional US Foundations Index, an index created by Dimensional Fund Advisors for use exclusively in The Power Series of Index Annuities®, Corebridge’s family of fixed index annuities.

Corebridge Financial and EVERFI today announced findings from a newly released survey of more than 16,000 college students nationwide.

Corebridge Financial, Inc. (NYSECRBG) today reported financial results for the third quarter ended September 30, 2022. The results are the first quarterly earnings reported by the Company following the completion of its initial public offering during the third quarter of 2022 in which American International Group, Inc. ("AIG") sold approximately 12.4% of Corebridge's common stock.

Corebridge Financial, Inc. (NYSECRBG) today announced that it will report third quarter 2022 financial results before the market opens on Wednesday, November 9, 2022. Corebridge’s press release and financial supplement will be available in the Investors section of corebridgefinancial.com.

Corebridge Financial (NYSECRBG) today announced that it has declared a quarterly cash dividend of $0.23 per share of common stock. The dividend on the common stock will be payable October 20, 2022, to shareholders of record at the close of business on October 10, 2022.