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Stock impact report

Brookfield Reinsurance Announces Year End 2023 Results and Declares Quarterly Distribution Increase

Brookfield Reinsurance Ltd. Class A Exchangeable Limited Voting Shares (BNRE) 
Company Research Source: GlobeNewswire
BROOKFIELD, NEWS, Feb. 08, 2024 (GLOBE NEWSWIRE) -- Brookfield Reinsurance (NYSE, TSX: BNRE, BNRE.A) today announced financial results for the three months and year ended December 31, 2023. Sachin Shah, CEO of Brookfield Reinsurance, stated, “Our strong results for 2023 reflect the continued growth of our annuity sales platform, our broadening credit origination capabilities, and the repositioning of recently acquired assets that have contributed to increased investment returns. As we enter 2024, we continue to focus on scaling our business in a disciplined manner, focusing on our competitive advantages to grow our core business lines and delivering strong risk-adjusted returns.” UnauditedAs at and for the periods ended December 31(US$ millions, except per share amounts)Three Months Ended Year Ended2023 2022 2023 2022Total assets1$61,643 $43,458 $61,643 $43,458Adjusted equity1,2  Show less Read more
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