Corebridge Financial Inc. (CRBG) Covered Calls

Corebridge Financial, Inc. is one of the largest providers of retirement solutions and insurance products in the United States. Formerly the Life & Retirement division of AIG, the company offers a broad suite of annuities, life insurance, and institutional investment products. Through its core segments, Corebridge helps individuals and institutions plan, save, and achieve financial security. The firm leverages a vast distribution network and deep expertise to deliver long-term value.

You can sell covered calls on Corebridge Financial Inc. to lower risk and earn monthly income. Born To Sell's covered call screener gives you customized search capabilities across all possible covered calls but here are a couple of examples for CRBG (prices last updated Thu 4:16 PM ET):

Corebridge Financial Inc. (CRBG) Stock Quote
Last Change Bid Ask Volume P/E Market Cap
30.42 -0.70 29.36 32.31 4.0M 21 16
Covered Calls For Corebridge Financial Inc. (CRBG)
Expiration Strike Call Bid Net Debit Return
If Flat		 Annualized
Return If Flat
Feb 20 30 0.65 31.66 -5.2% -210.9%
Mar 20 30 1.40 30.91 -2.1% -20.7%
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Corebridge Financial, Inc. is a leading financial services company that specializes in retirement and insurance solutions for a diverse client base. Originally operating as the life and retirement arm of AIG, Corebridge has transitioned into a premier independent entity with over $380 billion in assets under management and administration. The company’s value proposition is centered on "protected growth," providing products that allow consumers to participate in market upside while shielding them from significant downside volatility. By leveraging strong relationships with financial advisors and institutional partners, Corebridge maintains a top-tier market share across every major annuity category.

Core Business and Products

The company operates through four primary strategic segments:

  1. Individual Retirement: The largest segment, offering fixed, variable, and index-linked annuities. A key driver in this space is the "MarketLock" Registered Index-Linked Annuity (RILA), which has quickly become a top-selling product in the industry.
  2. Group Retirement: Provides specialized retirement plan solutions and advisory services for healthcare, K-12, higher education, and government employees, largely through its VALIC brand.
  3. Life Insurance: Offers a variety of protection products including term life, universal life, and indexed universal life through well-known subsidiaries like American General.
  4. Institutional Markets: Focuses on high-scale solutions such as pension risk transfers (PRT), corporate-owned life insurance, and guaranteed investment contracts for large corporations and institutional investors.

Competitive Landscape

Corebridge operates in a highly competitive arena dominated by established financial giants. Its primary rivals include MetLife, Prudential Financial, and Ameriprise Financial. In the specific annuity space, it faces stiff competition from Apollo's Athene and Jackson Financial. Corebridge differentiates itself through its "multichannel" distribution model and its ability to maintain a top-10 market position in every annuity category it enters. The company also benefits from strategic asset management partnerships with firms like Blackstone, which helps optimize investment yields for its insurance portfolios.

Strategic Outlook and Innovation

The strategic roadmap focuses on "Wealth Management Expansion and Digital Transformation." A major area of innovation is the integration of AI-driven tools to enhance the customer and advisor experience, aiming to streamline the application and claims processes. The company is also prioritizing its capital return strategy, which includes disciplined share repurchases and consistent dividend growth. Strategic efforts are underway to expand its presence in the employer-sponsored wealth channel and to further de-risk its balance sheet through reinsurance transactions. By shifting toward more capital-efficient, fee-based products and leveraging its extensive distribution reach, the group aims to deliver sustainable earnings growth and high return on equity for its shareholders.