Corebridge Financial Closes on Largest Portion of Individual Retirement Variable Annuity Transaction with Venerable

HOUSTON--(BUSINESS WIRE)--Corebridge Financial, Inc. (“Corebridge” or the “Company”) (NYSE: CRBG) today announced that it has successfully closed on the largest portion of the previously announced agreement with Corporate Solutions Life Reinsurance Company, an insurance subsidiary of Venerable Holdings, Inc. (“Venerable”), reinsuring all the Individual Retirement variable annuities issued by American General Life Insurance Company (“AGL”), a Corebridge insurance company subsidiary. The AGL comp