AIG Life & Retirement Rebrand as Corebridge Financial

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 Corebridge's 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

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.
Last updated January 30, 2026

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