AIG Life & Retirement Rebrand as Corebridge Financial

John Darer • October 22, 2022

corebridge finabcnial structured settlements

Parent of Structured Settlement Annuity Issuers Rebranded

American International Group, Inc. announced March 28, 2022, that "it planned to rebrand SAFG Retirement Services, Inc., the parent company of AIG Life & Retirement business, as Corebridge Financial, Inc. when it becomes a standalone public company". The company filed an Initial Public Offering and Corebridge became a stand alone company in September 2022. It was reported at the time as the largest IPO in 2022.

Corebridge Financial. Inc. is one of the largest providers of retirement solutions and insurance products in the USA .

The Individual Retirement, Group Retirement, Life Insurance and Institutional Markets businesses provide solutions that help individuals, and the institutions that support them, address today’s complex financial and retirement needs. AIG called the business “one of the largest providers of retirement solutions and insurance products” in the U.S., with $411 billion in client assets under management as of the end of 2021.

Corebridge Financial consists of four operating segments: Individual Retirement, Group Retirement, Life Insurance and Institutional Markets. Structured settlement fall under Corebirdges Instutional Market segment. It includes the following major U.S. life insurance companies: American General Life Insurance Company (AGL); The United States Life Insurance Company in the City of New York (US LIfe), each of which issue structured settlement annuities and funding agreement structured settlements [US Life also issues structured judgment annuities to fund the periodic payment elements of New York CPLR 50A and CPLR 50B judgments]; and The Variable Annuity Life Insurance Company, which formerly issued structured settlement annuities. Note that the names of these structured settlement annuity issuers remain the same as they were before the parent company rebranding.

Structured Settlements Customer Service for American General, US LIfe and VALIC annuitants

Email: ssrequest@aig.com

Telephone: (800) 288-4088

Issuing companies AGL, US Life and VALIC are responsible for financial obligations of insurance products. AGL does not solicit, issue or deliver policies or contracts in the state of New York. Products and services may not be available in all states and product features may vary by state.

Visit Corebridge Financial website

< Older Post

Newer Post >

Mail

What is the Cap Rate on Indexed Linked Structured Settlement?

By John Darer • July 29, 2025

The cap rate on index linked structured settlement annuities is a limit set by the insurance company on the maximum interest rate that can be credited to the annuity based on the performance of the underlying index that also helps provide the downside prtection..

Structured Settlements and Longevity | What are Your Odds?

By John Darer • July 28, 2025

Do your financial resources give you enough road, or will the road run out before you do? A structured settlement annuity helps mitigate the risk of outliving your savings, no matter how long you live. A structured settlement can inlcude one or more customized payment streams and types.

USAA Life Now Offers COLA on Structured Settlements

By John Darer • July 16, 2025

USAA Life Insurance Company, an A++ rated insurance company, issues structured settlement annuities with 1%, 2% and 3% COLAs. USAA Life structured settlements are exceptionally compatitive on lifetime benefit payments with long duration certain periods for ages under 35.

MetLife Structured Installment Sale

By John Darer • July 8, 2025

Owners of highly appreciated NY businesses or NY real estate may benefit from a structured installment sale tax deferral program as an alternative to a 1031 exchange. MetLife's structured installment sale program is now available in NY and in all 50 states. Call 888-325-8640 for more info

What is a Qualified Assignment?

By John Darer • July 8, 2025

A qualified assignment is part of the process to establish a structured settlement that enables a Defendant, Insurer, or Qualified Settlement Fund, to achieve a complete novation of the future periodic payment claim established by suit or agreement, through a substitution of obligors.

What's The Difference Between a Structured Settlement and An Annuity?

By John Darer • July 2, 2025

An annuity and a structured settlement walked into a bar, how do you tell them apart? 4structures' John Darer reviews the differences for you right here.

lifetime structured settlement annuity lake tahoe

What is a Lifetime Annuity?

By John Darer • July 2, 2025

A lifetime structured settlement annuity turns part of your settlement recovery into guaranteed income you can’t outlive that is contractually guaranteed by a regulated life insurance company. A lifetime annuity is sometimes referred to as longevity insurance.

Budgets and Settlement Planning for Life After Settlement

By John Darer • July 1, 2025

Structured settlement annuities can be very helpful to the budgeting process by providing guaranteed income streams and deferred lump sum payments tailored to specific budget needs and time frames identified in the settlement planning process.

Investing in Structured Settlement Receivables | Guide for Unwary Investors

By John Darer • June 28, 2025

Structured settlement receivables are often deceptfully marketed to investors as annuities. When the originating structured settlement factoring company buys structured settlement payments in a structured settlement factoring transaction, they are buying a receivable not an annuity.

constructive receipt structured settlement

Constructive Receipt is Game Over for Structured Settlements

By John Darer • June 21, 2025

Avoid constructive receipt if a structured settllement or structured attorney fee is to be established. Care must be taken to avoid constructive receipt.