The Houston-based insurer has launched its first registered index-linked annuity (Rila) after amassing US$4.3 billion fixed index annuity (FIA) sales in the first six months of 2024.

Corebridge MarketLock Annuity, issued by Corebridge Financial’s subsidiary American General Life Insurance Co, features an exclusive accumulation strategy and offers growth potential and a level of downside protection with index options of the S&P 500 and Nasdaq 100. As more Gen Xers and millennials start planning for retirement, annuities and especially Rilas have become increasingly important in diversifying investment portfolios - Bryan Pinsky ‘We recognize how e

Continue reading with a subscription to the SRP market intelligence platform.

Request Demo

Already a subscriber? Login