The reconciliation of such measures to the most comparable GAAP figures is included in our earnings release, financial supplement, and earnings presentation, all of which are available on our website at investors.corebridgefinancial.com. Our company is now simpler, with a lower risk profile, higher quality of earnings, and greater growth potential. Across our businesses, we are committed to deploying capital where the risk-adjusted returns are the highest and customer demand is the greatest. We have maintained capital ratios of our insurance companies above their targets, and at $1.8 billion, including partial proceeds from the VA reinsurance transaction, we have more than ample liquidity at the parent.
First, we delivered strong organic growth with total premiums and deposits of $12.3 billion. For example, interest rates declined through the third quarter, prompting us to take rate actions to preserve margin. Our diversified business model gives us optionality to allocate capital to where it will earn the highest risk-adjusted returns. We are focused on growing earnings and being responsible with the capital that our shareholders have entrusted us with.
Turning to our second pillar, we remain focused on optimizing our balance sheet and creating greater capital efficiency. The capital freed up by our transformative VA reinsurance transaction was significant, and as we've said before, we continue to explore additional opportunities that would be value accretive. By continuing to modernize our operations, we see ongoing opportunities to improve our customer and distribution partner experience, which is essential to growth and to further increase our operating leverage. Corebridge has market-leading businesses, a very strong balance sheet, and robust opportunities for continued profitable growth.