Corebridge Financial Closes on Individual Retirement Variable Annuity Transaction with Venerable
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| Title: | Corebridge Financial Closes on Individual Retirement Variable Annuity Transaction with Venerable |
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| Authors: | Corebridge Financial |
| Source: | Business Wire (English). 01/05/2026. |
| Abstract: | Corebridge Financial, Inc. (“Corebridge” or the “Company”) (NYSE: CRBG) today announced that it has successfully closed on the final portions of the previously announced agreement with Corporate Solutions Life Reinsurance Company, an insurance subsidiary of Venerable Holdings, Inc. (“Venerable”), including the reinsurance of all the Individual Retirement variable annuities issued by The United States Life Insurance Company in the City of New York (“USL”), a Corebridge insurance company subsidiary, and the sale of a related investment adviser and manager (SAAMCo). [ABSTRACT FROM PUBLISHER] |
| Database: | Regional Business News |
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| Abstract: | Corebridge Financial, Inc. (“Corebridge” or the “Company”) (NYSE: CRBG) today announced that it has successfully closed on the final portions of the previously announced agreement with Corporate Solutions Life Reinsurance Company, an insurance subsidiary of Venerable Holdings, Inc. (“Venerable”), including the reinsurance of all the Individual Retirement variable annuities issued by The United States Life Insurance Company in the City of New York (“USL”), a Corebridge insurance company subsidiary, and the sale of a related investment adviser and manager (SAAMCo). [ABSTRACT FROM PUBLISHER] |
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