Last updated October 12, 2026. California rates are refreshed weekly; confirm today’s rate before you apply.
If you were quoted an “American General” annuity, an “AIG annuity” or a “Corebridge” annuity, they’re the same company. I’m Kevin Edwards, an independent California annuity agent. Here’s how the names fit together, who owns Corebridge now, and what its annuities pay in California this week.
Corebridge at a Glance
| Issuing company | American General Life Insurance Company |
| Parent | Corebridge Financial, Inc. (formerly AIG’s life and retirement business) |
| AM Best rating | A (Excellent), affirmed January 2026, stable outlook |
| Sold in California | 19 MYGA listings and 8 fixed index annuities in this week’s data |
| Best CA MYGA yield | 5.75% for 10 years (American Pathway VisionMYG 10) |
| Best CA S&P 500 cap | 10.50% (Power 5 Protector, Power 7 Protector, Power 10 Protector and Power Select Builder) |
American General, AIG and Corebridge: How the Names Fit
Corebridge Financial is the former life and retirement business of AIG. AIG took it public in 2022. In May 2024, AIG agreed to sell a 20% stake to Japan’s Nippon Life Insurance Company, and on May 5, 2026, AIG announced the sale of its remaining shares, completing its exit from the life and retirement business.
American General Life Insurance Company is the Corebridge company that issues the annuities, so it’s the name you’ll see on many contracts. In my rate data, the same product family appears under both names.
Corebridge’s Financial Strength
In January 2026, AM Best affirmed the A (Excellent) financial strength rating of the members of Corebridge Financial, including American General Life Insurance Company, with a stable outlook. AM Best views the group’s business profile as favorable, citing its broad reach as a major life and annuity writer.
Corebridge Annuity Rates in California This Week
Some products appear twice in the data, once under American General and once under Corebridge, with different deposit bands. I’ve kept both so you can see the difference; I’ll confirm which applies to your deposit when I quote.
MYGAs (American Pathway)
| Product | Listed under | Term | Guaranteed yield | Deposit for this rate | Lowest entry | MVA | Notes |
|---|---|---|---|---|---|---|---|
| American Pathway VisionMYG 4 | American General | 4 years | 5.40% | $25,000+ | Same | Yes | — |
| American Pathway VisionMYG 4 | Corebridge | 4 years | 5.40% | $100,000+ | $25,000+ at 4.85% | Yes | — |
| American Pathway Fixed 5 Annuity with MVA | Corebridge | 5 years | 5.60% | $100,000+ | $25,000+ at 5.25% | Yes | — |
| American Pathway Fixed 5 Annuity | Corebridge | 5 years | 5.55% | $100,000+ | $25,000+ at 5.05% | No | — |
| American Pathway Fixed 5 Annuity – GROP with MVA | Corebridge | 5 years | 5.55% | $100,000+ | $25,000+ at 4.80% | Yes | Return-of-premium feature |
| American Pathway Fixed 5 Annuity – GROP | Corebridge | 5 years | 5.50% | $100,000+ | $25,000+ at 4.80% | No | Return-of-premium feature |
| American Pathway VisionMYG 5 | American General | 5 years | 5.40% | $25,000+ | Same | Yes | — |
| American Pathway VisionMYG 5 | Corebridge | 5 years | 5.40% | $100,000+ | $25,000+ at 5.00% | Yes | — |
| American Pathway VisionMYG 6 | American General | 6 years | 5.40% | $25,000+ | Same | Yes | — |
| American Pathway VisionMYG 6 | Corebridge | 6 years | 5.40% | $100,000+ | $25,000+ at 5.00% | Yes | — |
| American Pathway Fixed 7 Annuity with MVA | Corebridge | 7 years | 5.60% | $100,000+ | $25,000+ at 5.30% | Yes | — |
| American Pathway Fixed 7 Annuity | Corebridge | 7 years | 5.55% | $100,000+ | $25,000+ at 5.25% | No | — |
| American Pathway Fixed 7 Annuity – GROP with MVA | Corebridge | 7 years | 5.55% | $100,000+ | $25,000+ at 4.85% | Yes | Return-of-premium feature |
| American Pathway VisionMYG 7 | American General | 7 years | 5.40% | $25,000+ | Same | Yes | — |
| American Pathway VisionMYG 7 | Corebridge | 7 years | 5.40% | $100,000+ | $25,000+ at 5.05% | Yes | — |
| American Pathway Fixed 7 Annuity – GROP | Corebridge | 7 years | 5.35% | $100,000+ | $25,000+ at 4.80% | No | Return-of-premium feature |
| American Pathway VisionMYG 10 | American General | 10 years | 5.75% | $25,000+ | Same | Yes | — |
| American Pathway VisionMYG 10 | Corebridge | 10 years | 5.75% | $100,000+ | $25,000+ at 5.05% | Yes | — |
| Assured Edge Income Achiever | American General | 10 years | 2.00% | $25,000+ | Same | Yes | — |
Fixed Index Annuities (S&P 500 annual cap)
| Product | Surrender period | S&P 500 cap | Guaranteed min. cap | Riders | Notes |
|---|---|---|---|---|---|
| Power 5 Protector | 5 years | 10.50% | 2.00% | None | MVA |
| Power 7 Protector | 7 years | 10.50% | 2.00% | None | MVA |
| Power 7 Protector Plus Income | 7 years | 4.60% | 2.00% | Must elect 1 of 2 | MVA |
| Power 10 Protector | 10 years | 10.50% | 1.00% | None | MVA |
| Power Select Builder | 10 years | 10.50% | 1.00% | None | MVA |
| Power 10 Protector Plus Income | 10 years | 4.90% | 1.00% | Must elect 1 of 2 | MVA |
| Power Select Plus Income | 10 years | 3.50% | 1.00% | Rider required | MVA |
| Power Select Plus Income with Multiplier® | 10 years | 2.70% | 2.00% | Rider required | MVA |
My Take on Corebridge
Where Corebridge fits: growth-focused FIA buyers. Power 5 Protector and Power 7 Protector pair a 10.50% cap with a 2.00% guaranteed minimum cap, one of the higher floors on cap renewals in this week’s California data. That protects you better if the carrier lowers caps later.
On MYGAs, Corebridge is competitive but not the leader. Its strongest spot is $25,000 to $99,999 deposits, where the American General VisionMYG listings pay 5.40% to 5.75% without needing $100,000.
What to watch:
- Most products carry an MVA. The Fixed 5 and Fixed 7 non-MVA versions give that up for about 0.05% less.
- The income-rider versions (Plus Income, Select Plus Income) have much lower caps (2.70% to 4.90%). Buy those only if you plan to use the income rider.
- Assured Edge Income Achiever shows a 2.00% guaranteed yield; it’s built for income, not accumulation.
How Corebridge Compares in California
| Term | Corebridge (best) | Best in California | Leader |
|---|---|---|---|
| 5-year MYGA | 5.60% | 6.10% | Aspida Synergy Choice 5 / Axonic Waypoint 5 |
| 7-year MYGA | 5.60% | 6.20% | Oxford Life Multi-Select 7 |
| 10-year MYGA | 5.75% | 6.35% | Oxford Life Multi-Select 10 |
| 5-year S&P 500 cap | 10.50% | 11.00% | Global Atlantic ForeAccumulation II 5 |
| 7-year S&P 500 cap | 10.50% | 11.65% | Delaware Life Retirement Stages Select 7 |
Compare with Global Atlantic on 5-year caps, or browse all annuity company reviews.
Frequently Asked Questions
Is American General the same as Corebridge?
Yes. American General Life Insurance Company is the Corebridge Financial company that issues the annuities. Corebridge was AIG’s life and retirement business before AIG took it public in 2022.
Does AIG still own Corebridge?
No. On May 5, 2026, AIG announced the sale of its remaining shares of Corebridge, completing its exit. Nippon Life bought a 20% stake from AIG under an agreement announced in May 2024.
What is American General’s AM Best rating?
AM Best affirmed the A (Excellent) financial strength rating of Corebridge’s members, including American General Life Insurance Company, in January 2026 with a stable outlook.
What is the best Corebridge annuity rate in California?
As of October 12, 2026, the highest Corebridge MYGA yield in California is 5.75% for 10 years (American Pathway VisionMYG 10), and its highest S&P 500 annual cap is 10.50%.
Get a Side-by-Side Quote Before You Buy Corebridge
I’m an independent agent, so I’m not tied to Corebridge or any other carrier. Tell me your deposit, timeline and whether you need income, and I’ll compare Corebridge’s products against the rest of the California market and send you the side-by-side. Request a free annuity quote, or call (877) 854-7396.
Sources
- AM Best Affirms Credit Ratings of Corebridge Financial Members (Jan. 2026)
- AIG Announces the Sale of Its Remaining Stake in Corebridge Financial, Inc. (May 5, 2026)
- AIG Announces Sale of a 20% Ownership Stake of Corebridge to Nippon Life (May 2024)
- California fixed annuity (MYGA) rates, Fixed Annuity Expert
- California fixed index annuity rates, Fixed Annuity Expert
Rate source: AnnuityRateWatch.com carrier data via AIP Marketing Alliance, retrieved October 12, 2026, filtered to products available to California residents. MYGA rows show guaranteed yield to surrender; FIA rows show the S&P 500 annual point-to-point cap on strategies with a 0% floor, no strategy fee and a stated guaranteed minimum cap. Products sold only through fee-based advisory accounts are excluded. Rates change without notice and must be verified with the issuing carrier at application.
Kevin Edwards, Integrity Now Insurance Brokers. California Insurance License #0D42517. Annuities are insurance products, not bank deposits, and are not FDIC insured. Fixed index annuities are not a direct investment in the stock market or any index; index-linked interest is subject to caps the insurer may change annually, subject to the guaranteed minimum. Guarantees are backed by the financial strength and claims-paying ability of the issuing insurance company. Financial strength ratings are opinions of the rating agency, can change at any time, and are not a guarantee of an insurer’s ability to pay claims. Withdrawals before the end of the surrender period may be subject to surrender charges and market value adjustments; withdrawals of taxable amounts may be subject to ordinary income tax and, if taken before age 59½, a 10% federal tax penalty. This page is independent and is not affiliated with or endorsed by any insurance company named. It is for educational purposes and is not tax or legal advice. Product availability and features vary by state. S&P 500® is a registered trademark of Standard & Poor’s Financial Services LLC.