Corebridge & Venerable enter $2.8bn variable annuity transaction

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Reinsurance News - Jun 26, 2025

Corebridge Financial has entered into an agreement with CS Life Re, a subsidiary of Venerable Holdings, to reinsure all the variable annuities of its Individual Retirement business. Explained, Venerable is set to reinsure approximately $51 billion of variable annuity business from Corebridge’s...

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