Corebridge Financial

DALBAR Reveals Variable Annuity Statements that Exceed Expectations

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星期二, 五月 7, 2024
Professional Services, Insurance, Finance, Consulting, Banking, Accounting, Best practice, Government, URL, Corebridge Financial, Prevalence, Lincoln National Corporation, Financial adviser

DALBAR, the authority on financial services communications quality, unveiled the results of its 26-year annual review of account statements, crowning Corebridge Financial, Lincoln Financial and Jackson National Life Insurance Company® (Jackson®) as the standard bearers for variable annuity statements.

Key Points: 
  • DALBAR, the authority on financial services communications quality, unveiled the results of its 26-year annual review of account statements, crowning Corebridge Financial, Lincoln Financial and Jackson National Life Insurance Company® (Jackson®) as the standard bearers for variable annuity statements.
  • Reigning supreme for 22 years, Corebridge Financial topped the list again by demystifying annuity statements with clear definitions and footnotes about contract values and benefits, all presented in an easy-to-understand format.
  • Jackson earns its place among variable annuity statement royalty, receiving their highest score ever, for providing detailed benefit and withdrawal values and a helpful glossary of annuity terms.
  • DALBAR’s Trends & Best Practices in Investor Statements is an annual publication ranking statements across variable annuity, brokerage, mutual fund and retirement accounts, analyzing both the level of detail offered and the overall presentation of account information.

Gen Z Beginning Financial Planning Earlier Than Previous Generations

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星期三, 四月 24, 2024
Personal Finance, Insurance, Finance, Asset Management, Banking, Professional Services, Consumer, Generation Z, Retirement, Seed, Learning, Social media, Precocious, Literacy, Hand, Workplace, Long-term care, Artificial intelligence, Corebridge Financial, Life, Habit, Gen, Family, Multimedia, Parent, Tutoring

“The best time to start planting the seeds for financial success is as early as possible, so it is great to see younger people getting a head start on financial planning.

Key Points: 
  • “The best time to start planting the seeds for financial success is as early as possible, so it is great to see younger people getting a head start on financial planning.
  • Although older generations got a later start in their own financial planning, American parents are committed to helping the next generations learn early.
  • While Gen Z is most likely to turn to social media to strengthen financial planning skills (40%), a plurality of baby boomers (36%) use financial professionals.
  • Originally designated Financial Literacy Month in 2004, National Financial Capability Month underscores the importance of holistic financial education.

AllianceBernstein Announces Geoff Cornell as Chief Investment Officer of Insurance

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星期四, 四月 18, 2024
P&C, Retirement, Master of Business Administration, Investment, Business administration, AB, Corebridge Financial, Bryant University, Life, AUM, Fordham University, AIG, CFA, CIO, AllianceBernstein

NASHVILLE, Tenn., April 18, 2024 /PRNewswire/ -- AllianceBernstein L.P. ("AB"), a leading global investment firm with $759 billion in assets under management, today announced Geoff Cornell will join the firm as the Chief Investment Officer (CIO) of Insurance, leading the firm's new vertical dedicated to insurance companies.

Key Points: 
  • NASHVILLE, Tenn., April 18, 2024 /PRNewswire/ -- AllianceBernstein L.P. ("AB"), a leading global investment firm with $759 billion in assets under management, today announced Geoff Cornell will join the firm as the Chief Investment Officer (CIO) of Insurance, leading the firm's new vertical dedicated to insurance companies.
  • As the firm's first-ever CIO of Insurance, Mr. Cornell will be responsible for developing and executing the continued build out of AB's Insurance business.
  • Mr. Cornell will oversee the insurance investment function, lead AB's insurance client team and efforts, and ensure a robust set of insurance product solutions across asset classes.
  • Mr. Cornell is the former Chief Investment Officer of AIG's Life and Retirement business (now known as Corebridge Financial) and former Deputy Chief Investment Officer of AIG.

Corebridge Financial Completes Sale of UK Life Insurance Business to Aviva plc

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星期二, 四月 9, 2024
Professional Services, Insurance, Human Resources, Finance, Asset Management, Banking, Slate, Retirement, Corebridge Financial, Sale

Corebridge Financial, Inc. (NYSE: CRBG) today announced that it has completed the previously announced sale of its UK life insurance business (operating as AIG Life Limited) to Aviva plc.

Key Points: 
  • Corebridge Financial, Inc. (NYSE: CRBG) today announced that it has completed the previously announced sale of its UK life insurance business (operating as AIG Life Limited) to Aviva plc.
  • The transaction allows Corebridge to focus on Life & Retirement products and solutions in the United States.
  • J.P. Morgan Securities LLC acted as financial advisor and Skadden, Arps, Slate, Meagher & Flom LLP acted as legal counsel to Corebridge.

Corebridge Financial Schedules Announcement of First Quarter 2024 Financial Results

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星期四, 四月 4, 2024
Finance, Banking, Professional Services, Asset Management, Insurance, Corebridge Financial, Webcast, EDT

Corebridge Financial, Inc. (NYSE: CRBG) today announced that it will report first quarter 2024 financial results before the market opens on Friday, May 3, 2024.

Key Points: 
  • Corebridge Financial, Inc. (NYSE: CRBG) today announced that it will report first quarter 2024 financial results before the market opens on Friday, May 3, 2024.
  • The Corebridge press release and financial supplement will be available in the Investors section of corebridgefinancial.com .
  • Corebridge will host a conference call at 8:30 a.m. EDT on Friday, May 3, 2024, to review these results.
  • The webcast can be accessed in the Investors section of corebridgefinancial.com , and a replay will be available shortly after the event.

Corebridge Financial Elects Deborah Leone to Board of Directors

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星期一, 三月 11, 2024
Professional Services, Insurance, Finance, Goldman Sachs, Syracuse University, Wealth management, Internal audit, Corebridge Financial, PWM, Audit committee, Trustee, Multimedia, IMD, Audit

Corebridge Financial, Inc. (NYSE: CRBG) today announced that its Board of Directors elected Deborah Leone as an independent director on March 5, 2024.

Key Points: 
  • Corebridge Financial, Inc. (NYSE: CRBG) today announced that its Board of Directors elected Deborah Leone as an independent director on March 5, 2024.
  • View the full release here: https://www.businesswire.com/news/home/20240311455964/en/
    Ms. Leone is a financial expert and retired partner of the Goldman Sachs Group, Inc., having built a 30-year career at the multinational investment bank and financial services company.
  • “We are very pleased to add someone with Deb’s broad experience and background to the Board of Corebridge Financial,” said Peter Zaffino, Chairman of the Board of Directors of Corebridge Financial.
  • In 2021, Ms. Leone joined the board of Organon, a global healthcare company with a focus on women’s health, where she serves on the Audit Committee.

Americans Embracing Possibility of Living to 100, Many Expecting Over Three Decades of Retirement

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星期二, 三月 12, 2024
Personal Finance, Insurance, Women, Finance, Consulting, Men, Professional Services, Family, Consumer, Friends, Social Security, Generation, Retirement, Accounting, Generation Z, The Longevity Project, Consultant, Death, Quality of life, Nature, Season, Woman, Social, Investment, International Chinese Language Program, Corebridge Financial, Medicare, Workplace, Financial adviser

When it comes to retiring early (ages 50-61), Generation Z is the most optimistic, with 17% seeing this as a possibility.

Key Points: 
  • When it comes to retiring early (ages 50-61), Generation Z is the most optimistic, with 17% seeing this as a possibility.
  • “A longer life presents exciting new opportunities but will require thoughtful planning and purposeful action,” said Bryan Pinsky, President of Individual Retirement at Corebridge Financial.
  • Two-thirds of Americans (66%) fear running out of money more than death, and these concerns appear to be rooted in assessments of and expectations for their retirement savings.
  • Topics include longevity, retirement income, Social Security and Medicare, as well as content designed specifically for women.

Best Life Insurance Plans for Women - Our Top Picks for 2024

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星期二, 三月 19, 2024
ICC, History, SBLI, Legal & General, Policy, Lincoln National Corporation, Woman, AEGON, Privacy, Hypertension, Social Security, Female, Research, Anxiety, Prescription, MD, Diagnosis, Health, Prudential Financial, Social, Mutual, Corebridge Financial, Sertraline, John Hancock Financial, Nursing

According to LIMRA, "approximately 14 percent of women – more than 20 million – lost their life insurance coverage in 2020."

Key Points: 
  • According to LIMRA, "approximately 14 percent of women – more than 20 million – lost their life insurance coverage in 2020."
  • As of 2021, only 47 percent of adult women owned life insurance – lower than the ownership rate of men, at 58 percent.
  • Female life insurance ownership has been decreasing for the last five years in a row, leaving families unprotected (Forbes Advisor, 2024).
  • Zieba offered this advice to women who are shopping for life insurance, "Female applicants can do a lot to prepare to buy life insurance.

Best Life Insurance Plans for Multiple Sclerosis (MS) Patients - Our Top Picks for 2024

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星期二, 三月 12, 2024
Survival, ICC, Patient, History, SBLI, Legal & General, Research, Risk, Policy, Lincoln National Corporation, AEGON, Privacy, Hypertension, Disability, Database, Frontiers Media, Journal, Prescription, Neurosurgery, Roger Hawkins (drummer), MD, Insurance, Diagnosis, Psychiatry, Incidence, Prudential Financial, Mortality, Multiple sclerosis, Mutual, Corebridge Financial, Comorbidity, John Hancock Financial, Pharmaceutical industry

Michelle Zieba, Vice President of Sales, described the life insurance application process, "After receiving initial quotes, our MS customers will then be advised by our life insurance experts as to which plan is best.

Key Points: 
  • Michelle Zieba, Vice President of Sales, described the life insurance application process, "After receiving initial quotes, our MS customers will then be advised by our life insurance experts as to which plan is best.
  • A small number of people with Multiple Sclerosis experience very mild symptoms and little to no disability.
  • Zieba offered this advice to those with MS who are shopping for life insurance, "MS patients can do a lot to prepare to buy life insurance.
  • Instant life insurance quotes for those with Multiple Sclerosis of all severities are available at www.lifequotes.com .

Best Life Insurance Plans for Diabetics - Our Top Picks for 2024

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星期一, 二月 12, 2024
A1C, Database, Lincoln National Corporation, Legal & General, History, ICC, Diagnosis, Diabetes, American Diabetes Association, Insulin, Pancreas, Mutual, CDC, Immune system, Anxiety, Woman, AEGON, Corebridge Financial, Prediabetes, Life expectancy, Insulin resistance, John Hancock Financial, Research, Insurance, SBLI, Roger Hawkins (drummer), MD, Prudential Financial, Cell, EKG, Policy, Privacy, Pharmaceutical industry

Continued Bland, "Our 50-insurer database is continually updated, which makes it a valuable resource for diabetics who are searching for the best buys in life insurance."

Key Points: 
  • Continued Bland, "Our 50-insurer database is continually updated, which makes it a valuable resource for diabetics who are searching for the best buys in life insurance."
  • Instant life insurance quotes for both type 1 and type 2 diabetics are available at www.lifequotes.com .
  • Life insurance policies described, quoted, shown and illustrated throughout this press release may not be available in all states.
  • Pacific Life Insurance Company of Newport Beach, CA, policy form P16LYT or ICC 16 P16LYT.