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Corebridge Finalizes Multi-Stage Variable Annuity Reinsurance Deal

Story Highlights
  • Corebridge completed final variable annuity reinsurance and SAAMCo sale closings.
  • The multi-stage deal, begun in August 2025, reshapes Corebridge’s variable annuity exposure.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Corebridge Finalizes Multi-Stage Variable Annuity Reinsurance Deal

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Corebridge Financial, Inc. ( (CRBG) ) has provided an announcement.

On January 5, 2026, Corebridge Financial announced the completion of the final portions of its agreement with Corporate Solutions Life Reinsurance Company, an insurance subsidiary of Venerable Holdings, covering the reinsurance of all individual retirement variable annuities issued by The United States Life Insurance Company in the City of New York and the sale of its related investment adviser and manager, SunAmerica Asset Management, LLC (SAAMCo). These closings on January 1 and 2, 2026, follow the August 2025 completion of the largest component of the transaction, the reinsurance of all individual retirement variable annuities issued by American General Life Insurance Company, marking the full execution of a multi-stage deal that reshapes Corebridge’s variable annuity exposure and aligns its retirement business with Venerable’s specialized annuity platform.

The most recent analyst rating on (CRBG) stock is a Hold with a $39.00 price target. To see the full list of analyst forecasts on Corebridge Financial, Inc. stock, see the CRBG Stock Forecast page.

Spark’s Take on CRBG Stock

According to Spark, TipRanks’ AI Analyst, CRBG is a Neutral.

Corebridge Financial, Inc. shows strong financial performance with robust revenue growth and operational efficiency. However, technical indicators suggest potential bearish momentum, and cash flow challenges need addressing. The company’s valuation is fair, and recent corporate events are positive, indicating strategic leadership enhancements. The overall score reflects a balanced view of strengths and challenges.

To see Spark’s full report on CRBG stock, click here.

More about Corebridge Financial, Inc.

Corebridge Financial, Inc. is one of the largest U.S. providers of retirement solutions and insurance products, with more than $380 billion in assets under management and administration as of September 30, 2025. The company focuses on helping individuals plan, save for and achieve secure financial futures, partnering with financial professionals and institutions across the retirement and insurance markets.

Average Trading Volume: 5,973,014

Technical Sentiment Signal: Hold

Current Market Cap: $15.81B

For an in-depth examination of CRBG stock, go to TipRanks’ Overview page.

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