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Corebridge closes on individual retirement variable annuity transaction

Corebridge (CRBG) Financial closed on the final portions of the previously announced agreement with Corporate Solutions Life Reinsurance Company, an insurance subsidiary of Venerable Holdings, including the reinsurance of all the Individual Retirement variable annuities issued by The United States Life Insurance Company in the City of New York, a Corebridge insurance company subsidiary, and the sale of a related investment adviser and manager.

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