Corebridge Financial

Have updates for this profile? Please contribute data

= Subscriber Access Only

You are viewing a preview of this profile. Request a Preqin Pro demo for full access to all profiles and underlying data.

With Preqin Pro, you gain an unobstructed view of all alternative asset class activity across institutional investors, fund managers, funds, portfolio companies, deals, exits, and service providers.

Corebridge Financial - overview

Location

Houston, TX, US

Primary Industry

Insurance

About

Based in New York, US, and founded in 1998, Corebridge Financial, formerly American International Group, Inc. 's life & retirement business (AIG’s Life & Retirement business) operates as a global insurance organization that offers life insurance and retirement services to its customers. In July 2021, Blackstone Group agreed to acquire a 9. 9% minority stake in American International Group, Inc.


's life & retirement business for USD 2. 2 billion in cash. In March 2026, Corebridge Financial and Equitable Holdings, Inc. announced a transformational merger.


The firm's life insurance segment offers solutions such as term life insurance, which provides protection for a set period of time, universal life insurance, which offers a lifetime of coverage, and guaranteed issue whole life insurance, which is an insurance option that requires no medical exam and no health questions, and acceptance is guaranteed between the ages of 50 - 80, while its retirement segment offers retirement and financial planning services for clients in public K-12, higher education, government, healthcare, and other not-for-profit institutions. Additionally, the business offers different types of annuities such as index annuities, which provides protection of a fixed annuity based on the performance of a specific index, variable annuities, which bring together a combination of growth potential, optional income protection, and beneficiary protection features to help clients address retirement challenges, and fixed annuities, which enables clients to customize their retirement income solution with guaranteed interest earnings. Furthermore, the firm offers various retirement services including retirement pathfinder, which allows clients to create a personalized plan, guided portfolio services, which provides objective retirement analysis done by financial experts, education center, which provides insights and articles on life stages, finances, and retirement, and FutureFIT University, which enables clients to expand their knowledge about financial wellness and retirement readiness. The business generated USD 17,275 million as revenue in 2020.


Current Investors

Blackstone Group

Primary Industry

Insurance

Sub Industries

Consulting Services, Financial Services, Life Insurance

Website

www.corebridgefinancial.com/

Verticals

FinTech

Company Stage

Merged

Total Amount Raised

Subscriber access only

Corebridge Financial - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
MergerAnnouncedCorebridge Financial-
Sale to ManagementCompletedCorebridge Financial-
IPOCompletedCorebridge Financial-
Corporate Carve OutCompletedCorebridge Financial-

Displaying 1 - 4 of 4

Time to go Pro

Get Preqin Pro for unrestricted access to 600,000+ detailed profiles on fund managers, investors, funds, companies, and other alternative asset players. Unlock exclusive data on future plans, company financials, fundraising history, track records, and more.