Corebridge sheds health care business to focus on massive annuity sales

Corebridge sheds health care business to focus on massive annuity sales

Corebridge Financial continues to streamline, separate from American International Group and shed businesses that do not involve the record-setting annuity market. Corebridge reported net income of $771 million in the second quarter as premiums and deposits increased 42% year over year. The results follow a 26% bump in premiums and deposits in Q1. “Second-quarter conditions … Read more