Corebridge Financial Inc CRBG

Corebridge Financial, Inc is an American insurance and annuity firm. It is one of the largest providers of retirement and insurance products in the United States. The company is headquartered in Houston, Texas, and serves clients across the USA. It has been in operation since 1957.

Corebridge Financial was previously known as SAFG Retirement Services. The company’s main aim is to help individuals plan, save for, and achieve long-term financial security. The firm offers a range of products and services aimed at a variety of markets, including Individual Retirement, Group Retirement, Life Insurance and Institutional Markets. The company is committed to presenting clients with the highest available risk-adjusted returns across their portfolio.

The company distributes its financial products through banks, broker-dealers, agencies, independent marketing organisations and insurance agents, as well as through a network of financial advisors, consultants, employers, and specialised agents. The firm also maintains its own direct-to-consumer platform for the distribution of consumer financial products and services. Corebridge Financial went public in September 2022, holding an IPO that raised almost $1.9bn. American International Group (AIG), a majority shareholder of Corebridge Financial, will control around 78% of the company’s shares, while Blackstone Inc. will hold around 10%. Corebridge Financial is listed on the NYSE, where it trades under the ticker CRBG.

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