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Corebridge Financial Partners with Market Synergy Group to Launch Power Select AICO Index Annuity

1. Corebridge launched a new index annuity, Power Select AICOSM. 2. The partnership with MSG enhances growth potential in the annuity market.

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FAQ

Why Bullish?

The launch of a unique financial product can attract more investors, similar to past successful offerings by Corebridge. Expanding product lines typically leads to increased market share and revenue growth.

How important is it?

The introduction of a unique product directly influences CRBG's competitiveness and growth potential, thus being likely to positively impact CRBG's market perception and stock price.

Why Short Term?

The immediate impact will be seen as the product starts attracting clientele, much like Corebridge's previous financial products that gained traction quickly.

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CRBGAAPLMSFT
HOUSTON--(BUSINESS WIRE)--Corebridge Financial today announced the launch of Power Select AICOSM, a new index annuity that expands the strong partnership between Corebridge and Market Synergy Group (MSG), one of the nation's largest networks of independent marketing organizations. Power Select AICO is designed to provide enhanced growth potential with an Additional Interest Credit Overlay (AICO) feature that no other index annuity offers in today's market. “We are excited to build on our long-s.

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