SAFG Retirement Services, Inc. (Corebridge Financial)

General Information
Business:
(Note: AIG is spinning off SAFG Retirement Services, Inc., in this IPO. The business will be renamed Corebridge Financial, Inc., once it goes public. SAFG Retirement Services, Inc., filed confidential IPO paperwork with the SEC on Dec. 21, 2021)
 
We are one of the largest providers of retirement solutions and insurance products in the United States, committed to helping individuals plan, save for and achieve secure financial futures. Our addressable markets are large, with powerful, long-term secular trends, given an aging U.S. population and a growing need for retirement solutions. We offer a broad set of products and services through our market-leading Individual Retirement, Group Retirement, Life Insurance and Institutional Markets businesses, each of which features capabilities and industry experience we believe are difficult to replicate. These four businesses collectively seek to enhance stockholder returns while maintaining our attractive risk profile, which has historically resulted in consistent and strong cash flow generation.
**The company had $411 billion in client assets under management (AUM) at the end of 2021. 
**Note: SAFG Retirement Services, Inc., reported total revenues of $23.39 billion and net income of $7.36 billion for the year ended Dec. 31, 2021.
Industry: Life Insurance & Retirement Services
Employees: 8095
Founded: 1850
Contact Information
Address 2919 Allen Parkway, Woodson Tower Houston, Texas 77019
Phone Number 1-877-375-2422
Web Address
View Prospectus: SAFG Retirement Services, Inc. (Corebridge Financial)
Financial Information
Market Cap
Revenues $23390.0 mil (last 12 months)
Net Income $7355.0 mil (last 12 months)
IPO Profile
Symbol CRBG
Exchange NYSE
Shares (millions): 0.0
Price range $0.00 - $0.00
Est. $ Volume $100.0 mil
Manager / Joint Managers J.P. Morgan/ Morgan Stanley/ Piper Sandler
CO-Managers -
Expected To Trade:
Status: TBA
Quiet Period Expiration Date:
Lock-Up Period Expiration Date:
SCOOP Rating
Rating Change