Corebridge Financial, Inc. provides retirement solutions and insurance products in the United States. The company operates through Individual Retirement, Group Retirement, Life Insurance, and Institutional Markets segments. The Individual Retirement segment provides fixed annuities, fixed index and registered index linked, and variable annuities. The Group Retirement segment offers in-plan products and services comprising open architecture recordkeeping platform that allows plan participants to allocate money to a variety of mutual fund options or a fixed interest account; flexible group variable and fixed annuity; and in-plan investment advisory services. It also provides out-of-plan products and services, including proprietary and non-proprietary annuities; investment advisory solutions, such as fiduciary fee-based investments; and brokerage services for non-proprietary variable annuity, securities, life insurance, mutual funds, and 529 plans. The Life Insurance segment offers term, whole, index universal, and guaranteed universal life insurance products. The Institutional Markets segment provides defined contribution and bank-owned life insurance stable value wraps, structured settlement and pension risk transfer annuities, corporate and bank owned life insurance, private placement variable universal life and annuities products, and guaranteed investment contracts. The company was formerly known as SAFG Retirement Services, Inc. Corebridge Financial, Inc. was incorporated in 1998 and is headquartered in Houston, Texas.
Retirement Boom Catalyst | Corebridge Financial poised to capitalize on aging US population, with Baby Boomer retirement trend expected to fuel demand until 2029 |
Financial Resilience | Strong performance across segments, particularly in Life Insurance. Analysts project robust organic growth for 2025, with EPS estimates of 4.90 for FY1 and 5.80 for FY2 |
Strategic Maneuvers | Explore Corebridge's capital efficiency initiatives, including Bermuda reinsurance arrangements and shift towards more capital-efficient products |
Market Dynamics | Delve into Corebridge's positioning amidst interest rate fluctuations, potential S&P 500 inclusion, and competitive landscape challenges |
Metrics to compare | CRBG | Sector Sector - Average of metrics from a broad group of related Financial sector companies | Relationship RelationshipCRBGPeersSector | |
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P/E Ratio | 28.2x | 10.5x | 9.7x | |
PEG Ratio | −0.41 | −0.06 | 0.03 | |
Price/Book | 1.6x | 0.9x | 1.0x | |
Price / LTM Sales | 1.2x | 1.1x | 2.9x | |
Upside (Analyst Target) | 13.3% | 8.6% | 9.3% | |
Fair Value Upside | Unlock | 4.9% | 1.1% | Unlock |