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Corebridge Financial

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195: 176: 29: 355:. American General tendered an offer for a controlling block of shares of Unitrin. The Board of Directors of Unitrin, who held 23% of the shares, did not think the price offered was adequate and so initiated a poison pill and offered a buyback to increase their holdings to 28% of the total shares. It became the leading case on a 470:
would acquire 9.9% of the new unit for $ 2.2 billion cash. Blackstone and AIG also entered a long-term asset management agreement for about one quarter of AIG's life and retirement portfolio, set to increase in subsequent years. In September 2023, it was announced Corebridge had sold its
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as president. Woodson previously served at Mutual Trust Life Insurance Company, the National Association of Life Underwriters, and various other roles. Woodson would eventually succeed Wortham as CEO of the company in 1972 where he remained until retiring in 1978.
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announced plans to acquire American General for $ 23 billion in stock. American General would continue to operate under AIG as their life insurance and retirement services subsidiary. In 2003, Old Line Life Insurance merged with American General.
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bid for NLT. NLT made a counter-offer to buy out AGC. In 1982 AGC, which had owned Nashville rival L&C since the 1960s, prevailed. Having acquired NLT, AGC merged the former rivals over the next decade and
1073: 500: 338:, until his death in 1924. Following his father's death, Wortham began the company in response to a Texas Commissions of Appeal that ruled that insurance companies may merge several lines of business. 1728: 1753: 1068: 922: 466:'s retirement, life insurance, and wealth management segments. In 2020, AIG announced plans to perform the spin-off with a 2022 IPO. In July 2021, the company announced that 550: 603: 1738: 1170: 709: 380: 1743: 915: 310:
spinning off the company in 2022. American General (AG) was the historical predecessor to Corebridge's assets during AG's time as a subsidiary of AIG.
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in a deal worth $ 26.6 billion. The deal was later called off after negative Prudential shareholder reaction. After the deal failed to go through,
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company became one of the country's largest life insurance companies and paved the way for the merger. American General announced a
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before moving to Houston in 1912. Before starting American General, he worked at his father's insurance company,
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In 2001, it was announced that American General would be getting acquired by
1678: 1568: 1440: 1315: 796:"AIG to sell life and retirement unit stake to Blackstone, another with IPO" 475:-headquartered life insurance company AIG Life Limited (AIG Life UK) to the 422: 869: 823:"Aviva acquires AIG's UK protection business for £460m - Reinsurance News" 963: 646:
Harvard Law School Forum on Corporate Governance and Financial Regulation
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the "non-core" assets of NLT, particularly its entertainment properties.
401: 368: 1544: 1399: 1355: 889: 323: 290:, retirement planning, and other services. Corebridge was formed after 279: 258: 149: 120: 55: 858: 1457: 472: 318:
The American General Insurance Company was formed on May 8, 1926 by
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The United States Life Insurance Company in the City of New York
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Opryland theme park, WSM and fledgling cable television network
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Corebridge Financial's current structure is a result of
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National Union Fire Insurance Company of Pittsburgh, PA
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In 1953, American General hired life insurance veteran
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https://www.linkedin.com/in/ashish-dwivedi-1050a39b/
731:"American General-Prudential PLC merger in jeopardy" 429:(AIG). Its division of the corporation retained the 330:. Wortham worked for the Texas Fire Rating Board in 1665: 1589: 1510: 1477: 1450: 1409: 1392: 1365: 1340: 1333: 1308: 1292: 1285: 1240: 1214: 1207: 1186: 1129: 1087: 1079:
The Variable Annuity Life Insurance Company (VALIC)
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Fundamentals. 699: 697: 349:In 1995, the company was the subject of 1704: 1049:American General Life Insurance Company 640:Gallardo, Eduardo (February 18, 2010). 537:"Press Releases | Laya Healthcare" 492: 458:Corebridge was formed as a result of a 352:Unitrin, Inc. v. American General Corp. 1739:American companies established in 2022 1059:Fuji Fire and Marine Insurance Company 757:National Underwriter Life & Health 682:(169). Virginia Law Review Association 394:National Sick and Accident Association 7: 75:American General, AIG Life Insurance 821:Jain, Saumya (September 25, 2023). 602:Keeley, Carol (December 16, 2011). 18:American financial services company 1744:Insurance companies based in Texas 1641:SeaWorld Parks & Entertainment 667:Wong, R. Wai (February 25, 2013). 14: 1619:Caesars Entertainment Corporation 479:multinational insurance company, 985:(current non-executive chairman) 336:John L. Wortham & Son Agency 1054:American Home Assurance Company 417:(TNN) were sold to what became 604:"American General Corporation" 1: 1759:2022 initial public offerings 419:Gaylord Entertainment Company 274:is an American multinational 1764:1926 establishments in Texas 1734:American International Group 932:American International Group 427:American International Group 217:American International Group 1684:La Quinta Inns & Suites 1614:Center Parcs UK and Ireland 1064:Lexington Insurance Company 977:(current president and CEO) 208:US$ 350 billion (2022) 94:(as American General Corp.) 1782: 1749:Companies based in Houston 628:Benjamin N. Woodson titles 378: 704:Connelly, John Lawrence. 107:(as Corebridge Financial) 26: 1581:International Data Group 1105:American General Finance 642:"Poison Pills Revisited" 581:Handbook of Texas Online 454:IPO and Spinoff from AIG 1469:Vanguard Health Systems 676:The Virginia Law Review 116:American General Center 98:; 22 months ago 1463:Emcure Pharmaceuticals 1373:The Michaels Companies 1358:(minority shareholder) 1121:PineBridge Investments 946:Cornelius Vander Starr 576:"Gus Sessions Wortham" 389: 85:; 98 years ago 1673:Extended Stay America 1635:Merlin Entertainments 1199:Stephen A. Schwarzman 1033:Ronald A. Rittenmeyer 415:The Nashville Network 388: 278:company. It provides 96:October 13, 2022 1590:Travel & leisure 1423:Corebridge Financial 1137:Corebridge Financial 1042:Current subsidiaries 1023:Suzanne Nora Johnson 954:Maurice R. Greenberg 525:2023 Proxy Statement 398:Nashville, Tennessee 320:Gus Sessions Wortham 272:Corebridge Financial 261:.corebridgefinancial 22:Corebridge Financial 1608:Center Parcs Europe 1603:Casual Dining Group 1575:The Weather Channel 1491:Klöckner Pentaplast 1334:Investment holdings 1088:Former subsidiaries 1013:John H. Fitzpatrick 969:Robert H. Benmosche 411:The Grand Ole Opry, 343:Benjamin N. Woodson 229:Number of employees 23: 1657:Village Hotel Club 1630:Great Wolf Resorts 1410:Financial services 1268:John J. Studzinski 1208:Notable executives 995:Board of directors 959:Martin J. Sullivan 759:. August 30, 2001. 483:for £460 million. 390: 357:board of directors 276:financial services 83:March 8, 1926 66:Financial services 1701: 1700: 1697: 1696: 1528:Last Gang Records 1341:Business services 1329: 1328: 1300:Blackstone Credit 1281: 1280: 1258:Hamilton E. James 1194:Peter G. Peterson 1146: 1145: 1095:Chartis Insurance 1028:Douglas Steenland 1003:Brian Duperreault 986: 982:Douglas Steenland 978: 974:Brian Duperreault 950: 648:. Harvard College 269: 268: 233:8,000 (2022) 160:wealth management 1771: 1714: 1709: 1675:(minority stake) 1637:(minority stake) 1597:Hilton Worldwide 1577:(minority stake) 1571:(minority stake) 1565:(minority stake) 1563:Deutsche Telekom 1559:(minority stake) 1553:(minority stake) 1551:Nielsen Holdings 1523:Dualtone Records 1518:MNRK Music Group 1443:(minority stake) 1437:(minority stake) 1431:(minority stake) 1425:(minority stake) 1419:(minority stake) 1338: 1290: 1232:Jonathan D. Gray 1212: 1173: 1166: 1159: 1150: 1018:Robert S. Miller 984: 976: 948: 925: 918: 911: 902: 862: 861: 859:Official website 838: 837: 835: 833: 827:ReinsuranceNe.ws 818: 812: 811: 809: 807: 792: 786: 785: 783: 781: 767: 761: 760: 752: 746: 745: 743: 741: 727: 721: 720: 718: 716: 701: 692: 691: 689: 687: 673: 664: 658: 657: 655: 653: 637: 631: 625: 619: 618: 616: 614: 608:Encyclopedia.com 599: 593: 592: 590: 588: 572: 566: 565: 563: 561: 547: 541: 540: 533: 527: 522: 516: 515: 513: 511: 497: 471:subsidiary, the 468:Blackstone Group 431:American General 402:hostile takeover 369:hostile takeover 288:asset management 265: 262: 260: 198: 197: 179: 178: 106: 104: 99: 93: 91: 86: 31: 24: 1781: 1780: 1774: 1773: 1772: 1770: 1769: 1768: 1719: 1718: 1717: 1710: 1706: 1702: 1693: 1661: 1585: 1506: 1487:(Joint Control) 1473: 1446: 1405: 1388: 1384:United Biscuits 1375:(Joint control) 1366:Consumer/retail 1361: 1325: 1304: 1277: 1236: 1203: 1182: 1177: 1147: 1142: 1125: 1115:AIA Philippines 1083: 1037: 1008:W. Don Cornwell 989: 934: 929: 898: 894: 857: 856: 853: 842: 841: 831: 829: 820: 819: 815: 805: 803: 802:. 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Retrieved 495: 457: 440: 410: 393: 391: 361:poison pills 350: 348: 340: 335: 317: 305: 271: 270: 239:Subsidiaries 112:Headquarters 72:Predecessors 36:Company type 15: 1666:Real estate 1393:IT services 1111:Philam Life 885:SEC filings 587:November 4, 560:October 30, 510:October 30, 134:Area served 1723:Categories 1647:Travelport 1610:(freehold) 1478:Industrial 1451:Healthcare 1417:BankUnited 1253:Larry Fink 1180:Blackstone 939:Key people 686:August 31, 652:August 31, 487:References 437:AIG Merger 186:Net income 103:2022-10-13 90:1926-03-08 1679:EQ Office 1569:TDC Group 1498:(Control) 1485:Freescale 1441:Refinitiv 1316:Blackrock 1139:(spinoff) 949:(founder) 870:Bloomberg 740:March 19, 423:ViacomCBS 298:in 2022. 280:annuities 138:Worldwide 46:Traded as 1643:(former) 1621:(former) 1599:(former) 1402:(56.12%) 1187:Founders 964:Ed Liddy 806:March 8, 460:spin-off 407:spun off 365:buybacks 143:Products 62:Industry 1545:eAccess 1400:Mphasis 1356:SunGard 1293:Current 1215:Current 1130:Related 880:Reuters 800:Reuters 477:British 433:brand. 324:Houston 302:History 254:Website 219:, 65%; 169:Revenue 150:Annuity 123:, Texas 121:Houston 101: ( 88: ( 80:Founded 54::  1458:Biomet 1309:Former 1241:Former 890:Yahoo! 875:Google 473:London 396:. The 223:, 9.9% 1557:Axtel 1540:SESAC 1113:(now 1107:(AGF) 1100:ALICO 672:(PDF) 481:Aviva 328:Texas 244:VALIC 213:Owner 1435:FGIC 1352:RGIS 834:2023 808:2022 782:2017 742:2001 717:2018 688:2015 654:2015 615:2022 589:2010 562:2022 512:2022 263:.com 127:U.S. 56:CRBG 52:NYSE 464:AIG 462:of 447:AIG 363:or 322:in 308:AIG 296:IPO 292:AIG 259:www 204:AUM 1725:: 825:. 798:. 773:. 733:. 708:. 696:^ 680:99 678:. 674:. 644:. 606:. 578:. 553:. 503:. 371:. 326:, 286:, 282:, 125:, 118:, 1172:e 1165:t 1158:v 1117:) 924:e 917:t 910:v 836:. 810:. 784:. 744:. 719:. 690:. 656:. 617:. 591:. 564:. 539:. 514:. 105:) 92:)

Index


Traded as
NYSE
CRBG
Financial services
American General Center
Houston
Annuity
Life insurance
wealth management
Edit this on Wikidata
Net income
Edit this on Wikidata
AUM
American International Group
Blackstone Inc.
Subsidiaries
VALIC
Laya Healthcare
www.corebridgefinancial.com
financial services
annuities
life insurance
asset management
AIG
IPO
AIG
Gus Sessions Wortham
Houston
Texas

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