Articles from Venerable Holdings, Inc.

Venerable Holdings, Inc. (“Venerable”), the leader in providing innovative risk transfer solutions to variable annuity issuers, is pleased to announce the commencement of new business variable annuity flow reinsurance with American General Life Insurance Company (“AGL”), an entity of Corebridge Financial, Inc. Additionally, Venerable has closed its reinsurance transaction with AGL, effective August 1, 2025.

Venerable Holdings, Inc. (“Venerable”), the leader in providing innovative risk transfer solutions to variable annuity issuers, today announced a landmark transaction with Corebridge Financial, Inc. (Corebridge) that will increase Venerable’s total assets under risk management, on a pro forma basis as of March 31, 2025, by approximately 77% from $67 billion to $118 billion.

Venerable Holdings, Inc. (Venerable), is pleased to share the successful transfer of a legacy block of novated variable annuity contracts from Equitable Financial Life Insurance Company ("Equitable") to the Venerable administrative platform. The novated legacy block includes deferred and payout annuities from Equitable’s Accumulator® Series 06, 07, and 8.1 contracts reinsured by Venerable.i

Venerable Holdings, Inc. (“Venerable”) is celebrating the addition of Tina Yang as Vice President, Financial Strategy and Analysis, leading activities related to financial and strategic analysis of business data, business projects, acquisitions and transactions, and the compilation of this information for business reviews and strategic plans. She will report to Greg Smith, Senior Vice President and Controller.

Venerable Holdings, Inc. (“Venerable”) today announced the addition of Kristina Magolis, who will serve as the General Counsel of Venerable Investment Advisers, LLC (“Venerable Advisers”), its new wholly-owned subsidiary. In this capacity, Magolis will provide legal and regulatory guidance and subject matter expertise for legal matters relating to all aspects of Venerable Advisers. She will also serve as the Chief Legal Officer of Venerable Variable Insurance Trust, the variable insurance trust comprised of mutual funds that will be managed by Venerable Advisers. Magolis will be based in West Chester, PA.

Venerable Holdings, Inc. (“Venerable”) today announced that Venerable Investment Advisers, LLC (“Venerable Advisers”), its new wholly-owned subsidiary, intends to engage investment advisory subsidiaries of Russell Investments and Franklin Resources, Inc. (“Franklin Templeton”) to provide sub-advisory services with respect to Venerable Variable Insurance Trust (“VVIT”). As previously announced, the mutual funds will serve as investment options for insurance company separate accounts and, over time with the creation of additional mutual funds, will bring the management of the mutual funds underlying Venerable Insurance and Annuity Company’s variable annuity business in-house.

Venerable Holdings, Inc. (“Venerable”) today announced plans to establish a Venerable-owned registered investment adviser (“VIA”) and a variable insurance trust (“VIT”) comprised of mutual funds managed by VIA that will serve as investment options for insurance company separate accounts. This initiative is part of our ongoing effort to grow and optimize our business and furthers our mission to provide innovative risk transfer solutions to companies with variable annuity blocks. Over time, the VIT will bring the management of the mutual funds underlying Venerable Insurance and Annuity Company’s variable annuity business in-house, similar to the framework used by most major variable annuity companies in the industry.