November 10, 2023 Brookfield is deploying insurance capital in investing strategies. Brookfield Q3 earnings’ report reflects hefty insurance assets The impact of life insurance assets is already having a big impact on the bottom line for Brookfield Corp., as the firm stockpiles cash for future investment.
August 10, 2023 Brookfield eyes $10 billion in annuity sales with American Equity acquisition. Brookfield Re eyes $10B in annuity sales when American Equity deal closes When its acquisition of American Equity is completed, Brookfield Reinsurance expects to challenge the biggest annuity sellers in the country.
July 13, 2023 American Equity is selling record numbers of annuities and it prepares to be taken over by Brookfield Re. American Equity moves $2B in second-quarter annuities as sale nears American Equity reported second-quarter FIA sales up 94% compared to the first quarter of 2023 and 141% compared to the second quarter of 2022.
May 9, 2023 American Equity rides the annuity boom with nearly $1B in Q1 FIA sales American Equity sold $964 million worth of fixed indexed annuities in Q1, an increase of 23.2% compared to the fourth quarter 2022.