Brookfield Asset Management executives are making big plans for the insurance assets it will control when its acquisition of American Equity closes soon.
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.
Brighthouse annuity sales were down during the third quarter, the insurer reported, but segment earnings rose substantially thanks to strong investment gains.
–CNO Financial Group, Inc. today reported net income of $167.3 million, or $1.46 per diluted share, in 3 Q23 compared to $175.9 million, or $1.52 per diluted share, in 3 Q22. Net operating income was $101.3 million, or $0.88 per diluted share, in 3 Q23 compared to $77.9 million, or $0.67 per diluted share, in 3 Q22. Net income and net operating income were both favorably…