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Brookfield Wealth SolutionsC
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2026-08-14
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Earnings documents stored for BNT.

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Investor releaseQuarter not tagged2026-08-14

Brookfield Seen Positioned for Earnings Growth, Buybacks, RBC Says

MT Newswires

Brookfield (BN) may benefit from stronger distributable earnings, continued stock buybacks, growth a

Investor releaseQuarter not tagged2026-08-13

Brookfield Wealth Solutions Announces Strong Second Quarter Results

GlobeNewswire
BROOKFIELD, NEWS, Aug. 13, 2026 (GLOBE NEWSWIRE) -- Brookfield Wealth Solutions (NYSE, TSX: BNT) today announced financial results for the quarter ended June 30, 2026. Sachin Shah, CEO of Brookfield Wealth Solutions, stated, “Our business delivered strong results during the second quarter as we advanced our growth strategy across our key markets and grew total assets to over $200 billion. The integration of Just Group is progressing well, our product offering continues to broaden, and we have a meaningful pipeline of attractive opportunities to deploy our capital. Supported by Brookfield’s global investment capabilities and significant permanent capital base we remain well positioned to deliver stable earnings and continued growth.” See Non-GAAP and Performance Measures on page 7 and a reconciliation from net income (loss) on page 6. Per share amounts have been adjusted to reflect the three-for-two stock split completed on October 9, 2025. Second Quarter Highlights Significantly expanded our international operations, completing the acquisition of Just Group plc (“Just Group”), a leading provider of retirement services in the U.K. pension risk transfer and individual annuity markets. Originated $5 billion of annuity sales across our retail, pension and funding agreement channels. Deployed over $5 billion into Brookfield originated fixed income and equity strategies across our investment portfolio at an average target yield of 7%. Received shareholder approval for our simplification transaction with Brookfield Corporation. Operating Update We recognized $488 million and $926 million of distributable operating earnings (“DOE”) for the three and six months ended June 30, 2026, compared to $398 million and $835 million in the prior year periods, respectively. The current period DOE reflects a full quarter of contribution from Just Group, and higher net investment income within our Annuities segment as a result of organic growth and continued asset redeployment into our Brookfield strategies, as well as continued improving underwriting results within our Property and Casualty segment. We recorded net income of $149 million and a net loss of $453 million for the three and six months ended June 30, 2026, compared to net income of $516 million and $234 million in the prior year periods, respectively. The net income includes the benefit of our strong DOE performance o…Read full document

BROOKFIELD, NEWS, Aug. 13, 2026 (GLOBE NEWSWIRE) -- Brookfield Wealth Solutions (NYSE, TSX: BNT) today announced financial results for the quarter ended June 30, 2026. Sachin Shah, CEO of Brookfield Wealth Solutions, stated, “Our business delivered strong results during the second quarter as we advanced our growth strategy across our key markets and grew total assets to over $200 billion. The integration of Just Group is progressing well, our product offering continues to broaden, and we have a meaningful pipeline of attractive opportunities to deploy our capital. Supported by Brookfield’s global investment capabilities and significant permanent capital base we remain well positioned to deliver stable earnings and continued growth.” See Non-GAAP and Performance Measures on page 7 and a reconciliation from net income (loss) on page 6. Per share amounts have been adjusted to reflect the three-for-two stock split completed on October 9, 2025. Second Quarter Highlights Significantly expanded our international operations, completing the acquisition of Just Group plc (“Just Group”), a leading provider of retirement services in the U.K. pension risk transfer and individual annuity markets. Originated $5 billion of annuity sales across our retail, pension and funding agreement channels. Deployed over $5 billion into Brookfield originated fixed income and equity strategies across our investment portfolio at an average target yield of 7%. Received shareholder approval for our simplification transaction with Brookfield Corporation. Operating Update We recognized $488 million and $926 million of distributable operating earnings (“DOE”) for the three and six months ended June 30, 2026, compared to $398 million and $835 million in the prior year periods, respectively. The current period DOE reflects a full quarter of contribution from Just Group, and higher net investment income within our Annuities segment as a result of organic growth and continued asset redeployment into our Brookfield strategies, as well as continued improving underwriting results within our Property and Casualty segment. We recorded net income of $149 million and a net loss of $453 million for the three and six months ended June 30, 2026, compared to net income of $516 million and $234 million in the prior year periods, respectively. The net income includes the benefit of our strong DOE performance offset by unfavorable movements related to unrealized mark-to-market on inflation derivatives and public equity investment positions. Today, we are in a strong liquidity position, with approximately $35 billion of cash and short-term liquid investments across our investment portfolios, and another approximately $43 billion of long-term liquid investments. These liquid assets position us well to meet policyholder obligations and support the ongoing rotation of our portfolio into higher yielding investment strategies. Regular Distribution Declaration The Board declared a quarterly return of capital of $0.07 per class A share and class B share (representing $0.28 per annum), payable on September 29, 2026 to shareholders of record as at the close of business on September 14, 2026. This distribution is identical in amount per share and has the same payment date as the quarterly distribution announced today by Brookfield Corporation on the Brookfield class A shares. Combination of BN and BNT Shareholders approved our simplification transaction at our annual meeting on July 16, 2026. No action is required from BNT class A shareholders, who will automatically receive new Brookfield Corporation Ltd. shares upon completion of the transaction. Brookfield Corporation Operating Results An investment in class A shares of our company is intended to be, as nearly as practicable, functionally and economically, equivalent to an investment in the Brookfield class A shares. A summary of Brookfield Corporation’s second quarter operating results is provided below: Consolidated basis – includes amounts attributable to non-controlling interests. Excludes amounts attributable to non-controlling interests. See Reconciliation of Net Income to Distributable Earnings on page 6 and Non-IFRS and Performance Measures on page 9 of Brookfield Corporation’s press release dated August 13, 2026. Per share amounts have been adjusted to reflect Brookfield Corporation’s three-for-two stock split completed on October 9, 2025. Brookfield Corporation net income above is presented under IFRS. Given the economic equivalence, we expect that the market price of the class A shares of our company will be impacted significantly by the market price of the Brookfield class A shares and the business performance of Brookfield as a whole. In addition to carefully considering the disclosure made in this news release in its entirety, shareholders are strongly encouraged to carefully review Brookfield Corporation’s letter to shareholders, supplemental information and its other continuous disclosure filings. Investors, analysts and other interested parties can access Brookfield Corporation’s disclosure on its website under the Reports & Filings section at bn.brookfield.com. Consolidated Balance Sheets Consolidated Statements of Operations Class A shares receive distributions at the same amount per share as the cash dividends paid on each Brookfield class A share. Summarized Financial Results Reconciliation of Net Income (Loss) to Distributable Operating Earnings Non-GAAP measure – see Non-GAAP and Performance Measures on page 7. Additional Information The statements contained herein are based primarily on information that has been extracted from our financial statements for the quarter ended June 30, 2026, which have been prepared using generally accepted accounting principles in the United States of America (“US GAAP” or “GAAP”). Brookfield Wealth Solutions’ Board of Directors have reviewed and approved this document, including the summarized unaudited consolidated financial statements prior to its release. Information on our distributions can be found on our website under Stock & Distributions/Distribution History. Brookfield Wealth Solutions Ltd. (NYSE, TSX: BNT) is focused on securing the financial futures of individuals and institutions through a range of retirement services, wealth protection products and tailored capital solutions. Each class A exchangeable limited voting share of Brookfield Wealth Solutions is exchangeable on a one-for-one basis with a class A limited voting share of Brookfield Corporation (NYSE, TSX: BN). For more information, please visit our website at bnt.brookfield.com or contact: Non-GAAP and Performance Measures This news release and accompanying financial statements are based on US GAAP, unless otherwise noted. We make reference to Distributable operating earnings. We define distributable operating earnings as net income after applicable taxes excluding the impact of depreciation and amortization, deferred income taxes related to basis and other changes, and breakage and transaction costs, as well as certain investment and insurance reserve gains and losses, including gains and losses related to asset and liability matching strategies, non-operating adjustments related to changes in cash flow assumptions for future policy benefits, and change in market risk benefits, and is inclusive of returns on equity invested in certain variable interest entities and our share of adjusted earnings from our investments in certain associates. Distributable operating earnings is a measure of operating performance. We use distributable operating earnings to assess our operating results. We provide additional information on key terms and non-GAAP measures in our filings available at bnt.brookfield.com. Notice to Readers Brookfield Wealth Solutions Ltd. (“Brookfield Wealth Solutions” or “our” or “we”) is not making any offer or invitation of any kind by communication of this news release and under no circumstances is it to be construed as a prospectus or an advertisement. This news release contains “forward-looking information” within the meaning of Canadian provincial securities laws, “forward-looking statements” within the meaning of Canadian provincial securities laws, “forward-looking statements” within the meaning of the U.S. Securities Act of 1933, the U.S. Securities Exchange Act of 1934, and “safe harbor” provisions of the United States Private Securities Litigation Reform Act of 1995 and in any applicable Canadian securities regulations (collectively, “forward-looking statements”). Forward-looking statements include statements that are predictive in nature, depend upon or refer to future results, events or conditions, and include, but are not limited to, statements which reflect management’s current estimates, assumptions and expectations regarding the operations, business, financial condition, expected financial results, performance, prospects, opportunities, priorities, targets, goals, ongoing objectives, strategies, capital management and outlook of Brookfield Wealth Solutions, Brookfield Corporation and their respective subsidiaries, as well as the outlook for North American and international economies for the current fiscal year and subsequent periods. In particular, the forward-looking statements contained in this news release include statements referring to the growth of our business, international expansion, investment opportunities and expected future deployment of capital and financial earnings. In some cases, forward-looking statements can be identified by the use of forward-looking terminology such as “expects,” “anticipates,” “plans,” “believes,” “estimates,” “seeks,” “intends,” “targets,” “projects,” “foresees,” “forecasts” or negative versions thereof and other similar expressions, or future or conditional verbs such as “may,” “will,” “should,” “would” and “could.” Although we believe that our anticipated future results, performance or achievements expressed or implied by the forward-looking statements and information are based upon reasonable estimates, assumptions and expectations, the reader should not place undue reliance on forward-looking statements and information because they involve known and unknown risks, uncertainties and other factors, many of which are beyond our control, which may cause the actual results, performance or achievements of Brookfield Wealth Solutions or Brookfield Corporation to differ materially from anticipated future results, performance or achievement expressed or implied by such forward-looking statements and information. Factors that could cause actual results to differ materially from those contemplated or implied by forward-looking statements include, but are not limited to: (i) investment returns that are lower than target; (ii) the impact or unanticipated impact of general economic, political and market factors in the countries in which we do business; (iii) the behavior of financial markets, including fluctuations in interest and foreign exchange rates and heightened inflationary pressures; (iv) global equity and capital markets and the availability of equity and debt financing and refinancing within these markets; (v) strategic actions including acquisitions and dispositions; and the ability to complete and effectively integrate acquisitions into existing operations and the ability to attain expected benefits; (vi) changes in accounting policies and methods used to report financial condition (including uncertainties associated with critical accounting assumptions and estimates); (vii) the ability to appropriately manage human capital; (viii) the effect of applying future accounting changes; (ix) business competition; (x) operational and reputational risks; (xi) technological change; (xii) changes in government regulation and legislation within the countries in which we operate; (xiii) governmental investigations and sanctions; (xiv) litigation; (xv) changes in tax laws; (xvi) ability to collect amounts owed; (xvii) catastrophic events, including but not limited to, earthquakes, hurricanes, epidemics and pandemics; (xviii) the possible impact of international conflicts and other developments including terrorist acts and cyberterrorism; (xix) the introduction, withdrawal, success and timing of business initiatives and strategies; (xx) the failure of effective disclosure controls and procedures and internal controls over financial reporting and other risks; (xxi) health, safety and environmental risks; (xxii) the maintenance of adequate insurance coverage; (xxiii) the existence of information barriers between certain businesses within our asset management operations; (xxiv) risks specific to our business segments; and (xxv) factors detailed from time to time in our documents filed with the securities regulators in Canada and the United States. We caution that the foregoing list of important factors that may affect future results is not exhaustive and other factors could also adversely affect our results. Readers are urged to consider the foregoing risks, as well as other uncertainties, factors and assumptions carefully in evaluating the forward-looking information and are cautioned not to place undue reliance on such forward-looking information. Except as required by law, Brookfield Wealth Solutions undertakes no obligation to publicly update or revise any forward-looking statements or information, whether written or oral, that may be as a result of new information, future events or otherwise. Past performance is not indicative of or a guarantee of future results. There can be no assurance that comparable results will be achieved in the future, that future investments will be similar to the historic investments discussed herein, that targeted returns, growth objectives, diversification or asset allocations will be met or that an investment strategy or investment objectives will be achieved (because of economic conditions, the availability of investment opportunities or otherwise). Certain of the information contained herein is based on or derived from information provided by independent third-party sources. While Brookfield Wealth Solutions believes that such information is accurate as of the date it was produced and that the sources from which such information has been obtained are reliable, Brookfield Wealth Solutions does not make any assurance, representation or warranty, express or implied, with respect to the accuracy, reasonableness or completeness of any of the information or the assumptions on which such information is based, contained herein, including but not limited to, information obtained from third parties, and undue reliance should not be put on them. No statements contained herein with respect to tax consequences are intended to be, or should be construed to be, legal or tax advice, and no representation is made with respect to tax consequences. Shareholders are urged to consult their legal and tax advisors with respect to their circumstances.

Investor releaseQuarter not tagged2026-07-17

Brookfield Wealth Solutions Announces Shareholder Approval of Transaction to Simplify Corporate Structure and Results of 2026 Annual General and Special Meeting

GlobeNewswire
BROOKFIELD, NEWS, July 16, 2026 (GLOBE NEWSWIRE) -- Brookfield Wealth Solutions (NYSE, TSX: BNT) announced that the transaction to simplify its corporate structure (the “Transaction”) received shareholder approval at its annual general and special meeting of shareholders held earlier today. Upon completion of the Transaction, Brookfield Wealth Solutions Ltd. will be delisted and Brookfield Corporation Ltd., which will be listed on the TSX and NYSE under the symbol “BN”, will be the new parent entity of the group. Completion of the Transaction is subject to customary conditions and is expected to close by year-end, subject to receipt of all applicable regulatory approvals. All five nominees proposed for election to the board of directors by holders of class A exchangeable limited voting shares (“class A shares”) and all five nominees proposed for election to the board of directors by the holder of class B limited voting shares (“class B shares”) were elected. Detailed results of the vote for the election of directors are set out below. Management received the following proxies from holders of class A shares in regard to the election of the five directors nominated by this shareholder class: Management received a proxy from the holder of class B shares to vote all 36,000 class B shares for each of the five directors nominated for election by this shareholder class, being Barry Blattman, Gregory Morrison, Lori Pearson, Sachin Shah and Michael McRaith. All other matters put forth at the meeting were approved by shareholder vote and a summary of all votes cast by shareholders represented at the company’s annual general and special meeting of shareholders will be available electronically on EDGAR on the United States Securities and Exchange Commission’s website at www.sec.gov or on Brookfield Wealth Solutions’ SEDAR profile at www.sedarplus.ca. Brookfield Wealth Solutions Ltd. (NYSE, TSX: BNT) is focused on securing the financial futures of individuals and institutions through a range of retirement services, wealth protection products and tailored capital solutions. Each class A exchangeable limited voting share of Brookfield Wealth Solutions is exchangeable on a one-for-one basis with a class A limited voting share of Brookfield Corporation (NYSE, TSX: BN). For more information, please visit our website at bnt.brookfield.com or contact: Forward-Looking Statements…Read full document

BROOKFIELD, NEWS, July 16, 2026 (GLOBE NEWSWIRE) -- Brookfield Wealth Solutions (NYSE, TSX: BNT) announced that the transaction to simplify its corporate structure (the “Transaction”) received shareholder approval at its annual general and special meeting of shareholders held earlier today. Upon completion of the Transaction, Brookfield Wealth Solutions Ltd. will be delisted and Brookfield Corporation Ltd., which will be listed on the TSX and NYSE under the symbol “BN”, will be the new parent entity of the group. Completion of the Transaction is subject to customary conditions and is expected to close by year-end, subject to receipt of all applicable regulatory approvals. All five nominees proposed for election to the board of directors by holders of class A exchangeable limited voting shares (“class A shares”) and all five nominees proposed for election to the board of directors by the holder of class B limited voting shares (“class B shares”) were elected. Detailed results of the vote for the election of directors are set out below. Management received the following proxies from holders of class A shares in regard to the election of the five directors nominated by this shareholder class: Management received a proxy from the holder of class B shares to vote all 36,000 class B shares for each of the five directors nominated for election by this shareholder class, being Barry Blattman, Gregory Morrison, Lori Pearson, Sachin Shah and Michael McRaith. All other matters put forth at the meeting were approved by shareholder vote and a summary of all votes cast by shareholders represented at the company’s annual general and special meeting of shareholders will be available electronically on EDGAR on the United States Securities and Exchange Commission’s website at www.sec.gov or on Brookfield Wealth Solutions’ SEDAR profile at www.sedarplus.ca. Brookfield Wealth Solutions Ltd. (NYSE, TSX: BNT) is focused on securing the financial futures of individuals and institutions through a range of retirement services, wealth protection products and tailored capital solutions. Each class A exchangeable limited voting share of Brookfield Wealth Solutions is exchangeable on a one-for-one basis with a class A limited voting share of Brookfield Corporation (NYSE, TSX: BN). For more information, please visit our website at bnt.brookfield.com or contact: Forward-Looking Statements This news release contains “forward-looking information” within the meaning of Canadian provincial securities laws and “forward-looking statements” within the meaning of applicable U.S. securities laws (collectively, “forward-looking statements”). Forward-looking statements include statements that are predictive in nature, depend upon or refer to future results, events or conditions, and reflect management’s current estimates, beliefs and assumptions, which are based on management’s perception of historical trends, current conditions and expected future developments, as well as other factors management believes are appropriate in the circumstances. Forward-looking statements are typically identified by words such as “expect,” “anticipate,” “believe,” “foresee,” “could,” “estimate,” “intend,” “plan,” “will,” “may” and similar expressions. In particular, the forward-looking statements in this news release include statements regarding the expected closing of the Transaction and receipt of related regulatory approvals. These forward-looking statements are based on reasonable estimates, beliefs and assumptions, but are subject to significant business, economic, competitive and other risks and uncertainties, described from time to time in Brookfield’s filings with securities regulators in Canada and the United States, that could cause actual results to differ materially from those contemplated or implied by such statements. Readers are cautioned not to place undue reliance on forward-looking statements, which are made as of the date of this news release. Except as required by law, Brookfield undertakes no obligation to publicly update or revise any forward-looking statements.

Investor releaseQuarter not tagged2026-07-17

Brookfield Shareholders Back New BN Deal as Firm Targets 20% Earnings Growth

MarketBeat
Interested in Brookfield Corporation? Here are five stocks we like better. Brookfield shareholders approved a major transaction to combine Brookfield Corporation and Brookfield Wealth Solutions into a single publicly traded entity, “New BN,” pending remaining court, shareholder, and regulatory approvals. The deal is expected to close in late fourth quarter 2026. The company said the combination should simplify Brookfield’s structure, improve capital efficiency, and potentially broaden global index inclusion by giving the insurance business direct access to Brookfield’s large permanent capital base. Management outlined a strong growth outlook, saying Brookfield is positioned to grow earnings by more than 20% annually over the next five years, with distributable earnings expected to rise from $2.54 per share now to $5.85 per share by 2030 before capital allocation benefits. Beyond the AI Trade: 3 Defensive Stocks Built for Stability Brookfield (NYSE:BN) shareholders approved a key transaction resolution at the company’s annual and special meeting, advancing a plan to combine Brookfield Corporation and Brookfield Wealth Solutions Ltd. under a single publicly traded company referred to during the meeting as New BN. Frank McKenna, chair of Brookfield’s board, said the transaction is intended to “further simplify our corporate structure, create a more capital-efficient platform to support Brookfield’s long-term growth, and open a path to broader global index inclusion.” He described the combination as “the next evolution of Brookfield as a globally diversified and fully integrated insurance and investment organization.” → 3 Space Stocks That Could Outshine SpaceX After Its IPO 3 Stocks to Ride the Manufacturing Sector's Big Comeback The vote was held pursuant to an order of the Ontario Superior Court of Justice. McKenna said the final court hearing to approve the transaction is scheduled for July 21, 2026, and that the deal is expected to close in late fourth quarter 2026, subject to customary closing conditions, including approval by Brookfield Wealth Solutions shareholders and other legal and regulatory approvals. At the formal portion of the meeting, Brookfield shareholders elected 16 directors. The nominees for Class A limited voting shareholders were Elyse Allan, Ang Eng Seng, Janice Fukakusa, Maureen Kempston Darkes, Frank McKenna, Hutham Olayan, Satish Rai…Read full document

Interested in Brookfield Corporation? Here are five stocks we like better. Brookfield shareholders approved a major transaction to combine Brookfield Corporation and Brookfield Wealth Solutions into a single publicly traded entity, “New BN,” pending remaining court, shareholder, and regulatory approvals. The deal is expected to close in late fourth quarter 2026. The company said the combination should simplify Brookfield’s structure, improve capital efficiency, and potentially broaden global index inclusion by giving the insurance business direct access to Brookfield’s large permanent capital base. Management outlined a strong growth outlook, saying Brookfield is positioned to grow earnings by more than 20% annually over the next five years, with distributable earnings expected to rise from $2.54 per share now to $5.85 per share by 2030 before capital allocation benefits. Beyond the AI Trade: 3 Defensive Stocks Built for Stability Brookfield (NYSE:BN) shareholders approved a key transaction resolution at the company’s annual and special meeting, advancing a plan to combine Brookfield Corporation and Brookfield Wealth Solutions Ltd. under a single publicly traded company referred to during the meeting as New BN. Frank McKenna, chair of Brookfield’s board, said the transaction is intended to “further simplify our corporate structure, create a more capital-efficient platform to support Brookfield’s long-term growth, and open a path to broader global index inclusion.” He described the combination as “the next evolution of Brookfield as a globally diversified and fully integrated insurance and investment organization.” → 3 Space Stocks That Could Outshine SpaceX After Its IPO 3 Stocks to Ride the Manufacturing Sector's Big Comeback The vote was held pursuant to an order of the Ontario Superior Court of Justice. McKenna said the final court hearing to approve the transaction is scheduled for July 21, 2026, and that the deal is expected to close in late fourth quarter 2026, subject to customary closing conditions, including approval by Brookfield Wealth Solutions shareholders and other legal and regulatory approvals. At the formal portion of the meeting, Brookfield shareholders elected 16 directors. The nominees for Class A limited voting shareholders were Elyse Allan, Ang Eng Seng, Janice Fukakusa, Maureen Kempston Darkes, Frank McKenna, Hutham Olayan, Satish Rai and Diana Taylor. The nominees for Class B limited voting shareholders were Howard Marks, Rafael Miranda, Lord Gus O'Donnell, Jeffrey Blidner, Jack Cockwell, Bruce Flatt, Brian Lawson and Sam Pollock. → These 3 Water ETFs Could be Quiet Winners From Infrastructure Spending McKenna said 15 of the 16 nominees had been elected at the prior annual general meeting in June 2025 and were standing for re-election. Ang Eng Seng, a current director, was appointed by the board on Feb. 11, 2026, and stood for re-election at the meeting. Shareholders also approved the reappointment of Deloitte LLP as Brookfield’s external auditor and authorized the directors to set its remuneration. An advisory resolution on the company’s approach to executive compensation was also carried. → Why ASML’s AI Monopoly Is Still Getting Stronger Several resolutions connected to the proposed transaction were also considered, including share option and escrowed stock plans for New BN and Brookfield Canada Corporation, referred to as New BNC. The meeting operator said formal declarations on the New BN share option plan, New BN escrowed stock plan, New BNC escrowed stock plan and New BNC share option plan would be made after the Brookfield Wealth Solutions shareholder meeting later in the day. Final voting results are expected to be posted to SEDAR+. Following the formal meeting, Nicholas Goodman, Brookfield’s president and chief financial officer, reviewed the company’s financial performance and strategic priorities. Goodman said Brookfield has built a permanent capital base of $175 billion, which he described as “one of the largest pools of discretionary capital globally.” Goodman said Brookfield generated $6 billion of distributable earnings over the last 12 months, supported by growth across asset management, wealth solutions and operating businesses. He said the asset management business raised $108 billion of capital across strategies, increasing fee-bearing capital to $614 billion. Fee-related earnings rose 18% to $3.1 billion over the period. In wealth solutions, Goodman said distributable earnings increased 11% to $1.7 billion. He said insurance assets grew to $180 billion, including the acquisition of Just Group, which added $40 billion of assets and expanded Brookfield’s presence in the U.K. Brookfield also originated $20 billion of annuity sales and deployed $14 billion of float into Brookfield-managed strategies. Goodman said Brookfield’s operating businesses generated $1.5 billion of distributable earnings, supported by “stable and resilient cash flows.” He also noted that real estate occupancy was above 95% across Brookfield’s super core and core plus portfolios. Goodman said Brookfield returned $1.5 billion of capital to shareholders over the past year, including $900 million through share repurchases and $600 million through dividends. He said the company completed $170 billion of financings across its businesses and currently has $188 billion of deployable capital, while maintaining an A-minus credit rating at the corporation. Looking ahead, Goodman said Brookfield is “exceptionally well-positioned” to grow earnings by more than 20% annually over the next five years, before the effects of capital allocation. He said the company expects distributable earnings to grow from $2.54 per share today to $5.85 per share by 2030, consistent with plans outlined at its investor day last September. Goodman said capital allocation could add another $1.10 per share of earnings over five years, increasing expected distributable earnings to $6.95 per share by 2030. He said Brookfield expects to generate $53 billion of cumulative free cash flow from existing businesses over the next five years, which would be deployed through the company’s centralized capital allocation framework. Goodman said Brookfield expects wealth solutions insurance assets to grow from $180 billion to $350 billion by 2030 and fee-bearing capital at Brookfield Asset Management to grow to more than $1 trillion. He also said carried interest is reaching “an inflection point” as transaction activity and realizations increase. Goodman said the proposed combination of Brookfield Corporation and Brookfield Wealth Solutions would simplify the corporate structure and allow shareholders to own the full value of both businesses through a single security. He said it would also provide the insurance operations with direct access to the corporation’s permanent capital base, which he described as an incremental $145 billion. Goodman added that the new structure could create a path toward broader global index inclusion, which over time could broaden Brookfield’s investor base, improve trading liquidity and support greater ownership by passive investment vehicles. He said the transaction is expected to be tax-efficient for most shareholders. No shareholder questions were submitted during the formal meeting or the management presentation, according to the operator. Brookfield Corporation (NYSE:BN) is a global alternative asset manager that specializes in real assets. The company invests in and operates businesses across real estate, infrastructure, renewable power and energy, private equity and credit. Its activities span both ownership and active management of physical assets as well as the operation of investment funds and vehicles that provide institutional and retail investors access to long‑lived, cash‑generating assets. Brookfield's services include asset management, direct investing, property development and the operation of infrastructure and energy businesses. This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to [email protected]. The article "Brookfield Shareholders Back New BN Deal as Firm Targets 20% Earnings Growth" was originally published by MarketBeat. View MarketBeat's top stocks for July 2026.

Investor releaseQuarter not tagged2026-05-14

Brookfield Wealth Solutions Announces First Quarter Results and Corporate Simplification

GlobeNewswire
BROOKFIELD, NEWS, May 14, 2026 (GLOBE NEWSWIRE) -- Brookfield Wealth Solutions (NYSE, TSX: BNT) today announced financial results for the three months ended March 31, 2026. Sachin Shah, CEO of Brookfield Wealth Solutions, stated, “We have built a scaled and well capitalized insurance platform with a resilient portfolio of $180 billion insurance assets today. Our established U.S. platform continues to expand its product and distribution capabilities, and we are now a leader in the U.K. pension market. We look forward to further growing our international operations over time, with a focus on generating high-quality earnings and durable risk-adjusted returns for our business.” 1. See Non-GAAP and Performance Measures on page 7 and a reconciliation from net income (loss) on page 6. 2. Per share amounts have been adjusted to reflect the three-for-two stock split completed on October 9, 2025. First Quarter Highlights Significantly expanded our international operations, completing the acquisition of Just Group plc (“Just”), a leading provider of retirement services in the U.K. pension risk transfer and individual annuity markets. Originated $5 billion of sales across our retail annuity, pension and funding agreement channels, inclusive of Just. Deployed $4 billion into Brookfield originated strategies across our investment portfolio at an average target yield of 10%. Continued to optimize the synergies within our recently combined Property & Casualty (“P&C”) businesses, including rebranding the holding company for our P&C operating companies as Clearbrook Group Holdings Inc. Operating Update We recognized $438 million of distributable operating earnings (“DOE”) for the three months ended March 31, 2026, compared to $437 million in the prior year period. The current period DOE reflects higher net investment income within our Annuities segment from a larger asset base and asset repositioning, as well as continued improving underwriting results within our P&C segment. The growth in DOE across our Annuity and P&C businesses was partially offset by the absence of a one-time realized investment gain recognized in the prior year period within our Corporate & Other segment. We recorded a net loss of $602 million for the three months ended March 31, 2026, compared to a net loss of $282 million in the prior year period. The net loss was driven by unfavorable mark-to-market m…Read full document

BROOKFIELD, NEWS, May 14, 2026 (GLOBE NEWSWIRE) -- Brookfield Wealth Solutions (NYSE, TSX: BNT) today announced financial results for the three months ended March 31, 2026. Sachin Shah, CEO of Brookfield Wealth Solutions, stated, “We have built a scaled and well capitalized insurance platform with a resilient portfolio of $180 billion insurance assets today. Our established U.S. platform continues to expand its product and distribution capabilities, and we are now a leader in the U.K. pension market. We look forward to further growing our international operations over time, with a focus on generating high-quality earnings and durable risk-adjusted returns for our business.” 1. See Non-GAAP and Performance Measures on page 7 and a reconciliation from net income (loss) on page 6. 2. Per share amounts have been adjusted to reflect the three-for-two stock split completed on October 9, 2025. First Quarter Highlights Significantly expanded our international operations, completing the acquisition of Just Group plc (“Just”), a leading provider of retirement services in the U.K. pension risk transfer and individual annuity markets. Originated $5 billion of sales across our retail annuity, pension and funding agreement channels, inclusive of Just. Deployed $4 billion into Brookfield originated strategies across our investment portfolio at an average target yield of 10%. Continued to optimize the synergies within our recently combined Property & Casualty (“P&C”) businesses, including rebranding the holding company for our P&C operating companies as Clearbrook Group Holdings Inc. Operating Update We recognized $438 million of distributable operating earnings (“DOE”) for the three months ended March 31, 2026, compared to $437 million in the prior year period. The current period DOE reflects higher net investment income within our Annuities segment from a larger asset base and asset repositioning, as well as continued improving underwriting results within our P&C segment. The growth in DOE across our Annuity and P&C businesses was partially offset by the absence of a one-time realized investment gain recognized in the prior year period within our Corporate & Other segment. We recorded a net loss of $602 million for the three months ended March 31, 2026, compared to a net loss of $282 million in the prior year period. The net loss was driven by unfavorable mark-to-market movements on public equity investment positions which have recovered since March 31, 2026. Today, we are in a strong liquidity position, with approximately $36 billion of cash and short-term liquid investments across our investment portfolios, and another approximately $43 billion of long-term liquid investments. These liquid assets position us well to meet policyholder obligations and support the ongoing rotation of our portfolio into higher yielding investment strategies. Regular Distribution Declaration The Board declared a quarterly return of capital to $0.07 per class A share and class B share (representing $0.28 per annum), payable on June 30, 2026 to shareholders of record as at the close of business on June 15, 2026. This distribution is identical in amount per share and has the same payment date as the quarterly distribution announced today by Brookfield Corporation on the Brookfield class A shares. Combination of BN and BNT Over the last 18 months, Brookfield Corporation (NYSE, TSX: BN) has streamlined its corporate structure. Today, Brookfield Corporation announced the next step is the combination of BN and BNT. When Brookfield Wealth Solutions was established in 2021 it was structured in a manner that enabled it to benefit from Brookfield Corporation’s capital base and investing capabilities. Over the past five years, the asset base has grown to close to $200 billion, inclusive of the recent Just acquisition. The proposed combination will provide our insurance operations with further direct access to Brookfield Corporation’s balance sheet and enhance capital efficiency and flexibility in optimizing our expansion over the long term. The transaction is expected to be completed on a tax-efficient basis for most shareholders of both BN and BNT, and the combined business is expected to be listed on the TSX and NYSE and trade under the symbol “BN”. We continue to refine the various details to implement the transaction and expect final review of the transaction by the Boards of Directors of BN and BNT to occur in the coming weeks. Subject to the approval of each Board, we intend to seek BN and BNT shareholder approvals on the transaction, as a special matter, at their respective 2026 annual general meetings, both scheduled for July 16, 2026. Brookfield Corporation Operating Results An investment in class A shares of our company is intended to be, as nearly as practicable, functionally and economically, equivalent to an investment in the Brookfield class A shares. A summary of Brookfield Corporation’s first quarter operating results is provided below: 1. Consolidated basis – includes amounts attributable to non-controlling interests. 2. Excludes amounts attributable to non-controlling interests. 3. See Reconciliation of Net Income to Distributable Earnings on page 6 and Non-IFRS and Performance Measures on page 9 of Brookfield Corporation’s press release dated May 14, 2026. 4. Per share amounts have been adjusted to reflect Brookfield Corporation’s three-for-two stock split completed on October 9, 2025. Brookfield Corporation net income above is presented under IFRS. Given the economic equivalence, we expect that the market price of the class A shares of our company will be impacted significantly by the market price of the Brookfield class A shares and the business performance of Brookfield as a whole. In addition to carefully considering the disclosure made in this news release in its entirety, shareholders are strongly encouraged to carefully review Brookfield Corporation’s letter to shareholders, supplemental information and its other continuous disclosure filings. Investors, analysts and other interested parties can access Brookfield Corporation’s disclosure on its website under the Reports & Filings section at bn.brookfield.com. Consolidated Balance Sheets Consolidated Statements of Operations 1. Class A shares receive distributions at the same amount per share as the cash dividends paid on each Brookfield class A share. Summarized Financial Results Reconciliation of Net Income (Loss) to Distributable Operating Earnings 1. Non-GAAP measure – see Non-GAAP and Performance Measures on page 7. Additional Information The statements contained herein are based primarily on information that has been extracted from our financial statements for the quarter ended March 31, 2026, which have been prepared using generally accepted accounting principles in the United States of America (“US GAAP” or “GAAP”). Brookfield Wealth Solutions’ Board of Directors have reviewed and approved this document, including the summarized unaudited consolidated financial statements prior to its release. Information on our distributions can be found on our website under Stock & Distributions/Distribution History. Brookfield Wealth Solutions Ltd. (NYSE, TSX: BNT) is focused on securing the financial futures of individuals and institutions through a range of retirement services, wealth protection products and tailored capital solutions. Each class A exchangeable limited voting share of Brookfield Wealth Solutions is exchangeable on a one-for-one basis with a class A limited voting share of Brookfield Corporation (NYSE, TSX: BN). For more information, please visit our website at bnt.brookfield.com or contact: Non-GAAP and Performance Measures This news release and accompanying financial statements are based on US GAAP, unless otherwise noted. We make reference to Distributable operating earnings. We define distributable operating earnings as net income after applicable taxes excluding the impact of depreciation and amortization, deferred income taxes related to basis and other changes, and breakage and transaction costs, as well as certain investment and insurance reserve gains and losses, including gains and losses related to asset and liability matching strategies, non-operating adjustments related to changes in cash flow assumptions for future policy benefits, and change in market risk benefits, and is inclusive of returns on equity invested in certain variable interest entities and our share of adjusted earnings from our investments in certain associates. Distributable operating earnings is a measure of operating performance. We use distributable operating earnings to assess our operating results. We provide additional information on key terms and non-GAAP measures in our filings available at bnt.brookfield.com. Notice to Readers Brookfield Wealth Solutions Ltd. (“Brookfield Wealth Solutions” or “our” or “we”) is not making any offer or invitation of any kind by communication of this news release and under no circumstance is it to be construed as a prospectus or an advertisement. This news release contains “forward-looking information” within the meaning of Canadian provincial securities laws, “forward-looking statements” within the meaning of Canadian provincial securities laws, “forward-looking statements” within the meaning of the U.S. Securities Act of 1933, the U.S. Securities Exchange Act of 1934, and “safe harbor” provisions of the United States Private Securities Litigation Reform Act of 1995 and in any applicable Canadian securities regulations (collectively, “forward-looking statements”). Forward-looking statements include statements that are predictive in nature, depend upon or refer to future results, events or conditions, and include, but are not limited to, statements which reflect management’s current estimates, assumptions and expectations regarding the operations, business, financial condition, expected financial results, performance, prospects, opportunities, priorities, targets, goals, ongoing objectives, strategies, capital management and outlook of Brookfield Wealth Solutions, Brookfield Corporation and their respective subsidiaries, as well as the outlook for North American and international economies for the current fiscal year and subsequent periods. In particular, the forward-looking statements contained in this news release include statements referring to the growth of our business, international expansion, including all statements relating to the proposed combination of Brookfield Corporation and Brookfield Wealth Solutions, the Just Acquisition, investment opportunities and expected future deployment of capital and financial earnings. In some cases, forward-looking statements can be identified by the use of forward-looking terminology such as “expects,” “anticipates,” “plans,” “believes,” “estimates,” “seeks,” “intends,” “targets,” “projects,” “foresees,” “forecasts” or negative versions thereof and other similar expressions, or future or conditional verbs such as “may,” “will,” “should,” “would” and “could.” Although we believe that our anticipated future results, performance or achievements expressed or implied by the forward-looking statements and information are based upon reasonable estimates, assumptions and expectations, the reader should not place undue reliance on forward-looking statements and information because they involve known and unknown risks, uncertainties and other factors, many of which are beyond our control, which may cause the actual results, performance or achievements of Brookfield Wealth Solutions or Brookfield Corporation to differ materially from anticipated future results, performance or achievement expressed or implied by such forward-looking statements and information. Factors that could cause actual results to differ materially from those contemplated or implied by forward-looking statements include, but are not limited to: (i) investment returns that are lower than target; (ii) the impact or unanticipated impact of general economic, political and market factors in the countries in which we do business; (iii) the behavior of financial markets, including fluctuations in interest and foreign exchange rates and heightened inflationary pressures; (iv) global equity and capital markets and the availability of equity and debt financing and refinancing within these markets; (v) strategic actions including acquisitions and dispositions; the ability to complete and effectively integrate acquisitions into existing operations and the ability to attain expected benefits; (vi) changes in accounting policies and methods used to report financial condition (including uncertainties associated with critical accounting assumptions and estimates); (vii) the ability to appropriately manage human capital; (viii) the effect of applying future accounting changes; (ix) business competition; (x) operational and reputational risks; (xi) technological change; (xii) changes in government regulation and legislation within the countries in which we operate; (xiii) governmental investigations and sanctions; (xiv) litigation; (xv) changes in tax laws; (xvi) ability to collect amounts owed; (xvii) catastrophic events, including but not limited to, earthquakes, hurricanes, epidemics and pandemics; (xviii) the possible impact of international conflicts and other developments including terrorist acts and cyberterrorism; (xix) the introduction, withdrawal, success and timing of business initiatives and strategies; (xx) the failure of effective disclosure controls and procedures and internal controls over financial reporting and other risks; (xxi) health, safety and environmental risks; (xxii) the maintenance of adequate insurance coverage; (xxiii) the existence of information barriers between certain businesses within our asset management operations; (xxiv) risks specific to our business segments; and (xxv) factors detailed from time to time in our documents filed with the securities regulators in Canada and the United States. We caution that the foregoing list of important factors that may affect future results is not exhaustive and other factors could also adversely affect its results. Readers are urged to consider the foregoing risks, as well as other uncertainties, factors and assumptions carefully in evaluating the forward-looking information and are cautioned not to place undue reliance on such forward-looking information. Except as required by law, Brookfield Wealth Solutions undertakes no obligation to publicly update or revise any forward-looking statements or information, whether written or oral, that may be as a result of new information, future events or otherwise. Past performance is not indicative nor a guarantee of future results. There can be no assurance that comparable results will be achieved in the future, that future investments will be similar to the historic investments discussed herein, that targeted returns, growth objectives, diversification or asset allocations will be met or that an investment strategy or investment objectives will be achieved (because of economic conditions, the availability of investment opportunities or otherwise). Certain of the information contained herein is based on or derived from information provided by independent third-party sources. While Brookfield Wealth Solutions believes that such information is accurate as of the date it was produced and that the sources from which such information has been obtained are reliable, Brookfield Wealth Solutions does not make any assurance, representation or warranty, express or implied, with respect to the accuracy, reasonableness or completeness of any of the information or the assumptions on which such information is based, contained herein, including but not limited to, information obtained from third parties, and undue reliance should not be put on them. No statements contained herein with respect to tax consequences are intended to be, or should be construed to be, legal or tax advice, and no representation is made with respect to tax consequences. Shareholders are urged to consult their legal and tax advisors with respect to their circumstances.

Investor releaseQuarter not tagged2026-02-12

Brookfield Wealth Solutions Announces Year End 2025 Results and Declares Quarterly Distribution Increase

GlobeNewswire
BROOKFIELD, NEWS, Feb. 12, 2026 (GLOBE NEWSWIRE) -- Brookfield Wealth Solutions (NYSE, TSX: BNT) today announced financial results for the three months and year ended December 31, 2025. Sachin Shah, CEO of Brookfield Wealth Solutions, stated, “2025 was another strong year for our business. We actively invested in real asset strategies across Brookfield’s areas of expertise, expanded our product offerings, reached new geographies, and significantly grew our earnings. With the closing of the Just Group plc acquisition expected in the first half of 2026, as well as other growth initiatives underway, we look forward to the continued success of our business this year and beyond.” 1. See Non-GAAP and Performance Measures on page 6 and a reconciliation from net income on page 5. 2. Per share amounts have been adjusted to reflect the three-for-two stock split completed on October 9, 2025. 2025 Highlights Deployed $13 billion into Brookfield originated strategies across our investment portfolio at an average yield of 8.5%. Originated $20 billion of annuity sales across our retail, pension and funding agreement channels. Progressed international expansion initiatives, including announcing the acquisition of the Just Group plc, which remains on track to close in the first half of 2026, and entering into our first Japan-based reinsurance agreement, which became effective in October 2025. Our Property and Casualty float remained stable at approximately $8 billion, providing us with investment flexibility and risk diversification. Operating Update We recognized $437 million and $1.7 billion of distributable operating earnings (“DOE”) for the three months and year ended December 31, 2025, compared to $427 million and $1.4 billion in the prior year period. The increase in earnings for the current period reflects higher net investment income from a larger asset base and progress made repositioning assets into higher yielding investment strategies. Current year DOE also includes a full year of ownership of American Equity Life in comparison with only approximately eight months in the prior year. We recorded net income of $21 million and $863 million for the three months and year ended December 31, 2025, compared to net income of $576 million and $1.2 billion in the prior year period. Net income includes the benefit of our strong operating performance. DOE in the current perio…Read full document

BROOKFIELD, NEWS, Feb. 12, 2026 (GLOBE NEWSWIRE) -- Brookfield Wealth Solutions (NYSE, TSX: BNT) today announced financial results for the three months and year ended December 31, 2025. Sachin Shah, CEO of Brookfield Wealth Solutions, stated, “2025 was another strong year for our business. We actively invested in real asset strategies across Brookfield’s areas of expertise, expanded our product offerings, reached new geographies, and significantly grew our earnings. With the closing of the Just Group plc acquisition expected in the first half of 2026, as well as other growth initiatives underway, we look forward to the continued success of our business this year and beyond.” 1. See Non-GAAP and Performance Measures on page 6 and a reconciliation from net income on page 5. 2. Per share amounts have been adjusted to reflect the three-for-two stock split completed on October 9, 2025. 2025 Highlights Deployed $13 billion into Brookfield originated strategies across our investment portfolio at an average yield of 8.5%. Originated $20 billion of annuity sales across our retail, pension and funding agreement channels. Progressed international expansion initiatives, including announcing the acquisition of the Just Group plc, which remains on track to close in the first half of 2026, and entering into our first Japan-based reinsurance agreement, which became effective in October 2025. Our Property and Casualty float remained stable at approximately $8 billion, providing us with investment flexibility and risk diversification. Operating Update We recognized $437 million and $1.7 billion of distributable operating earnings (“DOE”) for the three months and year ended December 31, 2025, compared to $427 million and $1.4 billion in the prior year period. The increase in earnings for the current period reflects higher net investment income from a larger asset base and progress made repositioning assets into higher yielding investment strategies. Current year DOE also includes a full year of ownership of American Equity Life in comparison with only approximately eight months in the prior year. We recorded net income of $21 million and $863 million for the three months and year ended December 31, 2025, compared to net income of $576 million and $1.2 billion in the prior year period. Net income includes the benefit of our strong operating performance. DOE in the current period is partially offset by unfavorable movements on reserves and certain investments due to interest rate and equity market volatility, whereas prior year net income benefitted from favorable rate and equity market movements. Today, we are in a strong liquidity position, with approximately $35 billion of cash and short-term liquid investments across our investment portfolios, and another approximately $26 billion of long-term liquid investments. These liquid assets position us well to meet policyholder obligations and support the ongoing rotation of our portfolio into higher yielding investment strategies. Regular Distribution Declaration The Board declared a 17% increase in the Company’s quarterly return of capital to $0.07 per class A share and class B share (representing $0.28 per annum), payable on March 31, 2026 to shareholders of record as at the close of business on March 17, 2026. This distribution is identical in amount per share and has the same payment date as the quarterly distribution announced today by Brookfield Corporation on the Brookfield class A shares. Brookfield Corporation Operating Results An investment in class A shares of our company is intended to be, as nearly as practicable, functionally and economically, equivalent to an investment in the Brookfield class A shares. A summary of Brookfield Corporation’s fourth quarter and full year operating results is provided below: 1. Consolidated basis – includes amounts attributable to non-controlling interests. 2. Excludes amounts attributable to non-controlling interests. 3. See Reconciliation of Net Income to Distributable Earnings on page 6 and Non-IFRS and Performance Measures on page 9 of Brookfield Corporation’s press release dated February 12, 2026. Brookfield Corporation net income above is presented under IFRS. Given the economic equivalence, we expect that the market price of the class A shares of our company will be impacted significantly by the market price of the Brookfield class A shares and the business performance of Brookfield as a whole. In addition to carefully considering the disclosure made in this news release in its entirety, shareholders are strongly encouraged to carefully review Brookfield Corporation’s letter to shareholders, supplemental information and its other continuous disclosure filings. Investors, analysts and other interested parties can access Brookfield Corporation’s disclosure on its website under the Reports & Filings section at bn.brookfield.com. Consolidated Balance Sheets Consolidated Statements of Operations 1. Class A shares receive distributions at the same amount per share as the cash dividends paid on each Brookfield class A share. Summarized Financial Results Reconciliation of Net Income to Distributable Operating Earnings 1. Non-GAAP measure – see Non-GAAP and Performance Measures on page 6. Additional Information The statements contained herein are based primarily on information that has been extracted from our financial statements for the quarter and year ended December 31, 2025, which have been prepared using generally accepted accounting principles in the United States of America (“US GAAP” or “GAAP”). Brookfield Wealth Solutions’ Board of Directors have reviewed and approved this document, including the summarized unaudited consolidated financial statements prior to its release. Information on our distributions can be found on our website under Stock & Distributions/Distribution History. Brookfield Wealth Solutions Ltd. (NYSE, TSX: BNT) is focused on securing the financial futures of individuals and institutions through a range of retirement services, wealth protection products and tailored capital solutions. Each class A exchangeable limited voting share of Brookfield Wealth Solutions is exchangeable on a one-for-one basis with a class A limited voting share of Brookfield Corporation (NYSE, TSX: BN). For more information, please visit our website at bnt.brookfield.com or contact: Non-GAAP and Performance Measures This news release and accompanying financial statements are based on US GAAP, unless otherwise noted. We make reference to Distributable operating earnings. We define distributable operating earnings as net income after applicable taxes excluding the impact of depreciation and amortization, deferred income taxes related to basis and other changes, and breakage and transaction costs, as well as certain investment and insurance reserve gains and losses, including gains and losses related to asset and liability matching strategies, non-operating adjustments related to changes in cash flow assumptions for future policy benefits, and change in market risk benefits, and is inclusive of returns on equity invested in certain variable interest entities and our share of adjusted earnings from our investments in certain associates. Distributable operating earnings is a measure of operating performance. We use distributable operating earnings to assess our operating results. We provide additional information on key terms and non-GAAP measures in our filings available at bnt.brookfield.com. Notice to Readers Brookfield Wealth Solutions Ltd. (“Brookfield Wealth Solutions” or “our” or “we”) is not making any offer or invitation of any kind by communication of this news release and under no circumstance is it to be construed as a prospectus or an advertisement. This news release contains “forward-looking information” within the meaning of Canadian provincial securities laws, “forward-looking statements” within the meaning of Canadian provincial securities laws, “forward-looking statements” within the meaning of the U.S. Securities Act of 1933, the U.S. Securities Exchange Act of 1934, and “safe harbor” provisions of the United States Private Securities Litigation Reform Act of 1995 and in any applicable Canadian securities regulations (collectively, “forward-looking statements”). Forward-looking statements include statements that are predictive in nature, depend upon or refer to future results, events or conditions, and include, but are not limited to, statements which reflect management’s current estimates, assumptions and expectations regarding the operations, business, financial condition, expected financial results, performance, prospects, opportunities, priorities, targets, goals, ongoing objectives, strategies, capital management and outlook of Brookfield Wealth Solutions, Brookfield Corporation and their respective subsidiaries, as well as the outlook for North American and international economies for the current fiscal year and subsequent periods. In particular, the forward-looking statements contained in this news release include statements referring to the growth of our business, international expansion, including the Just Acquisition, investment opportunities and expected future deployment of capital and financial earnings. In some cases, forward-looking statements can be identified by the use of forward-looking terminology such as “expects,” “anticipates,” “plans,” “believes,” “estimates,” “seeks,” “intends,” “targets,” “projects,” “foresees,” “forecasts” or negative versions thereof and other similar expressions, or future or conditional verbs such as “may,” “will,” “should,” “would” and “could.” Although we believe that our anticipated future results, performance or achievements expressed or implied by the forward-looking statements and information are based upon reasonable estimates, assumptions and expectations, the reader should not place undue reliance on forward-looking statements and information because they involve known and unknown risks, uncertainties and other factors, many of which are beyond our control, which may cause the actual results, performance or achievements of Brookfield Wealth Solutions or Brookfield Corporation to differ materially from anticipated future results, performance or achievement expressed or implied by such forward-looking statements and information. Factors that could cause actual results to differ materially from those contemplated or implied by forward-looking statements include, but are not limited to: (i) investment returns that are lower than target; (ii) the impact or unanticipated impact of general economic, political and market factors in the countries in which we do business; (iii) the behavior of financial markets, including fluctuations in interest and foreign exchange rates and heightened inflationary pressures; (iv) global equity and capital markets and the availability of equity and debt financing and refinancing within these markets; (v) strategic actions including acquisitions and dispositions; the ability to complete and effectively integrate acquisitions into existing operations and the ability to attain expected benefits; (vi) changes in accounting policies and methods used to report financial condition (including uncertainties associated with critical accounting assumptions and estimates); (vii) the ability to appropriately manage human capital; (viii) the effect of applying future accounting changes; (ix) business competition; (x) operational and reputational risks; (xi) technological change; (xii) changes in government regulation and legislation within the countries in which we operate; (xiii) governmental investigations and sanctions; (xiv) litigation; (xv) changes in tax laws; (xvi) ability to collect amounts owed; (xvii) catastrophic events, including but not limited to, earthquakes, hurricanes, epidemics and pandemics; (xviii) the possible impact of international conflicts and other developments including terrorist acts and cyberterrorism; (xix) the introduction, withdrawal, success and timing of business initiatives and strategies; (xx) the failure of effective disclosure controls and procedures and internal controls over financial reporting and other risks; (xxi) health, safety and environmental risks; (xxii) the maintenance of adequate insurance coverage; (xxiii) the existence of information barriers between certain businesses within our asset management operations; (xxiv) risks specific to our business segments; and (xxv) factors detailed from time to time in our documents filed with the securities regulators in Canada and the United States. We caution that the foregoing list of important factors that may affect future results is not exhaustive and other factors could also adversely affect its results. Readers are urged to consider the foregoing risks, as well as other uncertainties, factors and assumptions carefully in evaluating the forward-looking information and are cautioned not to place undue reliance on such forward-looking information. Except as required by law, Brookfield Wealth Solutions undertakes no obligation to publicly update or revise any forward-looking statements or information, whether written or oral, that may be as a result of new information, future events or otherwise. Past performance is not indicative nor a guarantee of future results. There can be no assurance that comparable results will be achieved in the future, that future investments will be similar to the historic investments discussed herein, that targeted returns, growth objectives, diversification or asset allocations will be met or that an investment strategy or investment objectives will be achieved (because of economic conditions, the availability of investment opportunities or otherwise). Certain of the information contained herein is based on or derived from information provided by independent third-party sources. While Brookfield Wealth Solutions believes that such information is accurate as of the date it was produced and that the sources from which such information has been obtained are reliable, Brookfield Wealth Solutions does not make any assurance, representation or warranty, express or implied, with respect to the accuracy, reasonableness or completeness of any of the information or the assumptions on which such information is based, contained herein, including but not limited to, information obtained from third parties, and undue reliance should not be put on them. No statements contained herein with respect to tax consequences are intended to be, or should be construed to be, legal or tax advice, and no representation is made with respect to tax consequences. Shareholders are urged to consult their legal and tax advisors with respect to their circumstances.

Investor releaseQuarter not tagged2025-11-17

How Brookfield Wealth Solutions' Strong Earnings and Global Growth Moves Will Impact BNT Investors

Simply Wall St.
Brookfield Wealth Solutions reported third quarter 2025 earnings, posting US$2.93 billion in revenue and a very large increase in net income to US$583 million, alongside a quarterly return of capital declaration of US$0.06 per share payable December 31, 2025. An important insight is the company's rise in total assets to US$152.8 billion and ongoing international expansion, particularly through its pending acquisition of U.K.-based Just Group plc and increased activities in Japan. We'll explore how Brookfield Wealth Solutions' strong operating performance and expansion in new international markets shape its investment narrative. These 13 companies survived and thrived after COVID and have the right ingredients to survive Trump's tariffs. Discover why before your portfolio feels the trade war pinch. For current or prospective Brookfield Wealth Solutions shareholders, the investment thesis centers on whether the company can convert its expanding international footprint and recent operational gains into consistent long-term growth. The latest results show a major leap in net income and robust asset growth, reinforcing optimism about its international ambitions in the U.K. and Japan. However, flat top-line revenue, unchanged return of capital, and recent share price trends suggest most short-term catalysts tied to strong earnings have already been recognized by the market. That said, the pending Just Group acquisition and expansion efforts do add a new catalyst for growth, while integration risk and further regulatory hurdles abroad have become more relevant. Overall, this news signals incremental progress but does not fundamentally alter the balance of short-term drivers or risks. Yet, new international risks may shape returns more than recent earnings headlines suggest. Despite retreating, Brookfield Wealth Solutions' shares might still be trading 21% above their fair value. Discover the potential downside here. With four unique fair value opinions from the Simply Wall St Community, estimates span from around US$55 to a very large US$86,425. As community sentiment remains divided, recent results raise important questions about the impact of global expansion on the company's earnings path. Explore 4 other fair value estimates on Brookfield Wealth Solutions - why the stock might be worth just $55.39! Disagree with this assessment? Create your own narrative in und…Read full document

Brookfield Wealth Solutions reported third quarter 2025 earnings, posting US$2.93 billion in revenue and a very large increase in net income to US$583 million, alongside a quarterly return of capital declaration of US$0.06 per share payable December 31, 2025. An important insight is the company's rise in total assets to US$152.8 billion and ongoing international expansion, particularly through its pending acquisition of U.K.-based Just Group plc and increased activities in Japan. We'll explore how Brookfield Wealth Solutions' strong operating performance and expansion in new international markets shape its investment narrative. These 13 companies survived and thrived after COVID and have the right ingredients to survive Trump's tariffs. Discover why before your portfolio feels the trade war pinch. For current or prospective Brookfield Wealth Solutions shareholders, the investment thesis centers on whether the company can convert its expanding international footprint and recent operational gains into consistent long-term growth. The latest results show a major leap in net income and robust asset growth, reinforcing optimism about its international ambitions in the U.K. and Japan. However, flat top-line revenue, unchanged return of capital, and recent share price trends suggest most short-term catalysts tied to strong earnings have already been recognized by the market. That said, the pending Just Group acquisition and expansion efforts do add a new catalyst for growth, while integration risk and further regulatory hurdles abroad have become more relevant. Overall, this news signals incremental progress but does not fundamentally alter the balance of short-term drivers or risks. Yet, new international risks may shape returns more than recent earnings headlines suggest. Despite retreating, Brookfield Wealth Solutions' shares might still be trading 21% above their fair value. Discover the potential downside here. With four unique fair value opinions from the Simply Wall St Community, estimates span from around US$55 to a very large US$86,425. As community sentiment remains divided, recent results raise important questions about the impact of global expansion on the company's earnings path. Explore 4 other fair value estimates on Brookfield Wealth Solutions - why the stock might be worth just $55.39! Disagree with this assessment? Create your own narrative in under 3 minutes - extraordinary investment returns rarely come from following the herd. A great starting point for your Brookfield Wealth Solutions research is our analysis highlighting 2 key rewards and 1 important warning sign that could impact your investment decision. Our free Brookfield Wealth Solutions research report provides a comprehensive fundamental analysis summarized in a single visual - the Snowflake - making it easy to evaluate Brookfield Wealth Solutions' overall financial health at a glance. Right now could be the best entry point. These picks are fresh from our daily scans. Don't delay: Trump's oil boom is here - pipelines are primed to profit. Discover the 22 US stocks riding the wave. Rare earth metals are an input to most high-tech devices, military and defence systems and electric vehicles. The global race is on to secure supply of these critical minerals. Beat the pack to uncover the 37 best rare earth metal stocks of the very few that mine this essential strategic resource. The end of cancer? These 29 emerging AI stocks are developing tech that will allow early identification of life changing diseases like cancer and Alzheimer's. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Companies discussed in this article include BNT. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email [email protected]

Investor releaseQuarter not tagged2025-11-13

Brookfield Wealth Solutions Announces Third Quarter Results and Declares Regular Quarterly Distribution

GlobeNewswire
BROOKFIELD, NEWS, Nov. 13, 2025 (GLOBE NEWSWIRE) -- Brookfield Wealth Solutions (NYSE, TSX: BNT) today announced financial results for the quarter ended September 30, 2025. Sachin Shah, CEO of Brookfield Wealth Solutions, stated, “Our business continues to generate strong returns, benefitting from Brookfield’s investment capabilities and our operational expertise. This quarter marked significant progress in our international expansion efforts in the U.K. and Japan, positioning us for further growth from activity in these regions in the coming quarters.” 1. See Non-GAAP and Performance Measures on page 6 and a reconciliation from net income on page 5. 2. Per share amounts have been adjusted to reflect the three-for-two stock split completed on October 9, 2025. Third Quarter Highlights Deployed $4 billion into Brookfield originated strategies across our investment portfolio at an average yield of 9%. Originated $5 billion of annuity sales during the quarter, primarily from our retail channel. Our Property and Casualty float remained stable at approximately $8 billion, providing us with investment flexibility and risk diversification. On July 31, 2025, we announced the acquisition of Just Group plc. (“Just”) a U.K.-based retirement specialist financial services company. The transaction remains on track to close in the first half of 2026. On September 30, 2025, we announced our first Japan-based reinsurance agreement, which became effective in October 2025. Operating Update We recognized $427 million and $1.3 billion of distributable operating earnings (“DOE”) for the three and nine months ended September 30, 2025, compared to $370 million and $947 million in the prior year period. The increase in earnings for the current period reflects higher net investment income from a larger asset base and progress made repositioning assets into higher yielding investment strategies as well as the continued improvement in the operating performance of our property and casualty business following initiatives undertaken over the past year to reduce volatility. Current year DOE also includes a full nine months of ownership of American Equity Life in comparison with only approximately five months in the prior year period. We recorded net income of $608 million and $842 million for the three and nine months ended September 30, 2025, compared to net income of $65 million and $671…Read full document

BROOKFIELD, NEWS, Nov. 13, 2025 (GLOBE NEWSWIRE) -- Brookfield Wealth Solutions (NYSE, TSX: BNT) today announced financial results for the quarter ended September 30, 2025. Sachin Shah, CEO of Brookfield Wealth Solutions, stated, “Our business continues to generate strong returns, benefitting from Brookfield’s investment capabilities and our operational expertise. This quarter marked significant progress in our international expansion efforts in the U.K. and Japan, positioning us for further growth from activity in these regions in the coming quarters.” 1. See Non-GAAP and Performance Measures on page 6 and a reconciliation from net income on page 5. 2. Per share amounts have been adjusted to reflect the three-for-two stock split completed on October 9, 2025. Third Quarter Highlights Deployed $4 billion into Brookfield originated strategies across our investment portfolio at an average yield of 9%. Originated $5 billion of annuity sales during the quarter, primarily from our retail channel. Our Property and Casualty float remained stable at approximately $8 billion, providing us with investment flexibility and risk diversification. On July 31, 2025, we announced the acquisition of Just Group plc. (“Just”) a U.K.-based retirement specialist financial services company. The transaction remains on track to close in the first half of 2026. On September 30, 2025, we announced our first Japan-based reinsurance agreement, which became effective in October 2025. Operating Update We recognized $427 million and $1.3 billion of distributable operating earnings (“DOE”) for the three and nine months ended September 30, 2025, compared to $370 million and $947 million in the prior year period. The increase in earnings for the current period reflects higher net investment income from a larger asset base and progress made repositioning assets into higher yielding investment strategies as well as the continued improvement in the operating performance of our property and casualty business following initiatives undertaken over the past year to reduce volatility. Current year DOE also includes a full nine months of ownership of American Equity Life in comparison with only approximately five months in the prior year period. We recorded net income of $608 million and $842 million for the three and nine months ended September 30, 2025, compared to net income of $65 million and $671 million in the prior year period. The net income in the current quarter is primarily the result of our strong operating performance, along with favorable equity market movements. Net income in the prior year quarter included the impact of DOE and unrealized mark-to-market gains on equity securities, partially offset by unfavorable movements on reserves due to interest rate and equity market volatility. Today, we are in a strong liquidity position, with approximately $32 billion of cash and short-term liquid investments across our investment portfolios, and another approximately $25 billion of long-term liquid investments. These liquid assets position us well to meet policyholder obligations and support the ongoing rotation of our portfolio into higher yielding investment strategies. Regular Distribution Declaration The Board declared a quarterly return of capital of $0.06 per class A share and class B share payable on December 31, 2025 to shareholders of record as at the close of business on December 16, 2025. This distribution is identical in amount per share and has the same payment date as the quarterly distribution announced today by Brookfield Corporation on the Brookfield class A shares. On a post-split basis, the quarterly dividend is consistent with the previous quarter’s dividend. Brookfield Corporation Operating Results An investment in class A shares of our company is intended to be, as nearly as practicable, functionally and economically, equivalent to an investment in the Brookfield class A shares. A summary of Brookfield Corporation’s third quarter operating results is provided below: 1. Consolidated basis – includes amounts attributable to non-controlling interests. 2. Excludes amounts attributable to non-controlling interests. 3. See Reconciliation of Net Income to Distributable Earnings on page 6 and Non-IFRS and Performance Measures on page 9 of Brookfield Corporation’s press release dated November 13, 2025. 4. Per share amounts have been adjusted to reflect Brookfield Corporation’s three-for-two stock split completed on October 9, 2025. Brookfield Corporation net income above is presented under IFRS. Given the economic equivalence, we expect that the market price of the class A shares of our company will be impacted significantly by the market price of the Brookfield class A shares and the business performance of Brookfield as a whole. In addition to carefully considering the disclosure made in this news release in its entirety, shareholders are strongly encouraged to carefully review Brookfield Corporation’s letter to shareholders, supplemental information and its other continuous disclosure filings. Investors, analysts and other interested parties can access Brookfield Corporation’s disclosure on its website under the Reports & Filings section at bn.brookfield.com. Consolidated Balance Sheets Consolidated Statements of Operations 1. Class A shares receive distributions at the same amount per share as the cash dividends paid on each Brookfield class A share. Summarized Financial Results Reconciliation of Net Income to Distributable Operating Earnings 1. Non-GAAP measure – see Non-GAAP and Performance Measures on page 6. Additional Information The statements contained herein are based primarily on information that has been extracted from our financial statements for the quarter ended September 30, 2025, which have been prepared using generally accepted accounting principles in the United States of America (“US GAAP” or “GAAP”). Brookfield Wealth Solutions’ Board of Directors have reviewed and approved this document, including the summarized unaudited consolidated financial statements prior to its release. Information on our distributions can be found on our website under Stock & Distributions/Distribution History. Brookfield Wealth Solutions Ltd. (NYSE, TSX: BNT) is focused on securing the financial futures of individuals and institutions through a range of retirement services, wealth protection products and tailored capital solutions. Each class A exchangeable limited voting share of Brookfield Wealth Solutions is exchangeable on a one-for-one basis with a class A limited voting share of Brookfield Corporation (NYSE, TSX: BN). For more information, please visit our website at bnt.brookfield.com or contact: Non-GAAP and Performance Measures This news release and accompanying financial statements are based on US GAAP, unless otherwise noted. We make reference to Distributable operating earnings. We define distributable operating earnings as net income after applicable taxes excluding the impact of depreciation and amortization, deferred income taxes related to basis and other changes, and breakage and transaction costs, as well as certain investment and insurance reserve gains and losses, including gains and losses related to asset and liability matching strategies, non-operating adjustments related to changes in cash flow assumptions for future policy benefits, and change in market risk benefits, and is inclusive of returns on equity invested in certain variable interest entities and our share of adjusted earnings from our investments in certain associates. Distributable operating earnings is a measure of operating performance. We use distributable operating earnings to assess our operating results. We provide additional information on key terms and non-GAAP measures in our filings available at bnt.brookfield.com. Notice to Readers Brookfield Wealth Solutions Ltd. (“Brookfield Wealth Solutions” or “our” or “we”) is not making any offer or invitation of any kind by communication of this news release and under no circumstance is it to be construed as a prospectus or an advertisement. This news release contains “forward-looking information” within the meaning of Canadian provincial securities laws, “forward-looking statements” within the meaning of Canadian provincial securities laws, “forward-looking statements” within the meaning of the U.S. Securities Act of 1933, the U.S. Securities Exchange Act of 1934, and “safe harbor” provisions of the United States Private Securities Litigation Reform Act of 1995 and in any applicable Canadian securities regulations (collectively, “forward-looking statements”). Forward-looking statements include statements that are predictive in nature, depend upon or refer to future results, events or conditions, and include, but are not limited to, statements which reflect management’s current estimates, assumptions and expectations regarding the operations, business, financial condition, expected financial results, performance, prospects, opportunities, priorities, targets, goals, ongoing objectives, strategies, capital management and outlook of Brookfield Wealth Solutions, Brookfield Corporation and their respective subsidiaries, as well as the outlook for North American and international economies for the current fiscal year and subsequent periods. In particular, the forward-looking statements contained in this news release include statements referring to the growth of our business, international expansion, including the Just Acquisition, investment opportunities and expected future deployment of capital and financial earnings. In some cases, forward-looking statements can be identified by the use of forward-looking terminology such as “expects,” “anticipates,” “plans,” “believes,” “estimates,” “seeks,” “intends,” “targets,” “projects,” “foresees,” “forecasts” or negative versions thereof and other similar expressions, or future or conditional verbs such as “may,” “will,” “should,” “would” and “could.” Although we believe that our anticipated future results, performance or achievements expressed or implied by the forward-looking statements and information are based upon reasonable estimates, assumptions and expectations, the reader should not place undue reliance on forward-looking statements and information because they involve known and unknown risks, uncertainties and other factors, many of which are beyond our control, which may cause the actual results, performance or achievements of Brookfield Wealth Solutions or Brookfield Corporation to differ materially from anticipated future results, performance or achievement expressed or implied by such forward-looking statements and information. Factors that could cause actual results to differ materially from those contemplated or implied by forward-looking statements include, but are not limited to: (i) investment returns that are lower than target; (ii) the impact or unanticipated impact of general economic, political and market factors in the countries in which we do business; (iii) the behavior of financial markets, including fluctuations in interest and foreign exchange rates and heightened inflationary pressures; (iv) global equity and capital markets and the availability of equity and debt financing and refinancing within these markets; (v) strategic actions including acquisitions and dispositions; the ability to complete and effectively integrate acquisitions into existing operations and the ability to attain expected benefits; (vi) changes in accounting policies and methods used to report financial condition (including uncertainties associated with critical accounting assumptions and estimates); (vii) the ability to appropriately manage human capital; (viii) the effect of applying future accounting changes; (ix) business competition; (x) operational and reputational risks; (xi) technological change; (xii) changes in government regulation and legislation within the countries in which we operate; (xiii) governmental investigations and sanctions; (xiv) litigation; (xv) changes in tax laws; (xvi) ability to collect amounts owed; (xvii) catastrophic events, including but not limited to, earthquakes, hurricanes, epidemics and pandemics; (xviii) the possible impact of international conflicts and other developments including terrorist acts and cyberterrorism; (xix) the introduction, withdrawal, success and timing of business initiatives and strategies; (xx) the failure of effective disclosure controls and procedures and internal controls over financial reporting and other risks; (xxi) health, safety and environmental risks; (xxii) the maintenance of adequate insurance coverage; (xxiii) the existence of information barriers between certain businesses within our asset management operations; (xxiv) risks specific to our business segments; and (xxv) factors detailed from time to time in our documents filed with the securities regulators in Canada and the United States. We caution that the foregoing list of important factors that may affect future results is not exhaustive and other factors could also adversely affect its results. Readers are urged to consider the foregoing risks, as well as other uncertainties, factors and assumptions carefully in evaluating the forward-looking information and are cautioned not to place undue reliance on such forward-looking information. Except as required by law, Brookfield Wealth Solutions undertakes no obligation to publicly update or revise any forward-looking statements or information, whether written or oral, that may be as a result of new information, future events or otherwise. Past performance is not indicative nor a guarantee of future results. There can be no assurance that comparable results will be achieved in the future, that future investments will be similar to the historic investments discussed herein, that targeted returns, growth objectives, diversification or asset allocations will be met or that an investment strategy or investment objectives will be achieved (because of economic conditions, the availability of investment opportunities or otherwise). Certain of the information contained herein is based on or derived from information provided by independent third-party sources. While Brookfield Wealth Solutions believes that such information is accurate as of the date it was produced and that the sources from which such information has been obtained are reliable, Brookfield Wealth Solutions does not make any assurance, representation or warranty, express or implied, with respect to the accuracy, reasonableness or completeness of any of the information or the assumptions on which such information is based, contained herein, including but not limited to, information obtained from third parties, and undue reliance should not be put on them. No statements contained herein with respect to tax consequences are intended to be, or should be construed to be, legal or tax advice, and no representation is made with respect to tax consequences. Shareholders are urged to consult their legal and tax advisors with respect to their circumstances.

Investor releaseQuarter not tagged2025-08-07

Brookfield Wealth Solutions Announces Second Quarter Results and Three-for-Two Stock Split

GlobeNewswire
BROOKFIELD, NEWS, Aug. 07, 2025 (GLOBE NEWSWIRE) -- Brookfield Wealth Solutions (NYSE, TSX: BNT) today announced financial results for the quarter ended June 30, 2025. Sachin Shah, CEO of Brookfield Wealth Solutions, stated, “Our business continues to generate strong returns across a growing offering of products. With the pace of sales expected to increase in the second half of the year, an active pipeline of accretive investments and a strong capital base to support our policyholders and future growth, we remain on track to achieve the full-year targets we set for ourselves.” He continued, “Our recently announced acquisition of Just Group plc. will be transformational to our business as we expand in the U.K. retirement market, serving as an attractive platform for future growth.” Second Quarter Highlights Deployed $3.5 billion into Brookfield originated strategies across our investment portfolio at an average yield of 8% Originated more than $4 billion of annuity sales during the quarter across our retail, PRT and FABN channels Our Property and Casualty float remained stable at approximately $8 billion, providing us with investment flexibility and risk diversification On July 31, 2025, we announced the acquisition of Just Group plc. (“Just”) a U.K.-based retirement specialist financial services company with leading capabilities in the defined benefit de-risking and individual retirement income sectors Operating Update We recognized $398 million and $835 million of distributable operating earnings (“DOE”) for the three and six months ended June 30, 2025, compared to $298 million and $577 million in the prior year period. The increase in earnings for the current period reflects contributions from American Equity Life, which we acquired in May 2024, improved operating performance in our property and casualty business as a result of initiatives undertaken over the past year to reduce volatility and higher net investment income across our portfolio resulting from progress made in repositioning assets into higher yielding investment strategies. We recorded net income of $516 million and $234 million for the three and six months ended June 30, 2025, compared to net income of $269 million and $606 million in the prior year period. The net income in the current quarter is primarily the result of our strong operating performance, along with favorable equity market mo…Read full document

BROOKFIELD, NEWS, Aug. 07, 2025 (GLOBE NEWSWIRE) -- Brookfield Wealth Solutions (NYSE, TSX: BNT) today announced financial results for the quarter ended June 30, 2025. Sachin Shah, CEO of Brookfield Wealth Solutions, stated, “Our business continues to generate strong returns across a growing offering of products. With the pace of sales expected to increase in the second half of the year, an active pipeline of accretive investments and a strong capital base to support our policyholders and future growth, we remain on track to achieve the full-year targets we set for ourselves.” He continued, “Our recently announced acquisition of Just Group plc. will be transformational to our business as we expand in the U.K. retirement market, serving as an attractive platform for future growth.” Second Quarter Highlights Deployed $3.5 billion into Brookfield originated strategies across our investment portfolio at an average yield of 8% Originated more than $4 billion of annuity sales during the quarter across our retail, PRT and FABN channels Our Property and Casualty float remained stable at approximately $8 billion, providing us with investment flexibility and risk diversification On July 31, 2025, we announced the acquisition of Just Group plc. (“Just”) a U.K.-based retirement specialist financial services company with leading capabilities in the defined benefit de-risking and individual retirement income sectors Operating Update We recognized $398 million and $835 million of distributable operating earnings (“DOE”) for the three and six months ended June 30, 2025, compared to $298 million and $577 million in the prior year period. The increase in earnings for the current period reflects contributions from American Equity Life, which we acquired in May 2024, improved operating performance in our property and casualty business as a result of initiatives undertaken over the past year to reduce volatility and higher net investment income across our portfolio resulting from progress made in repositioning assets into higher yielding investment strategies. We recorded net income of $516 million and $234 million for the three and six months ended June 30, 2025, compared to net income of $269 million and $606 million in the prior year period. The net income in the current quarter is primarily the result of our strong operating performance, along with favorable equity market movements. Net income in the prior year quarter included the impact of DOE as well as transaction costs associated with our May 2024 acquisition of American Equity Life. Today, we are in a strong liquidity position, with approximately $34 billion of cash and short-term liquid investments across our investment portfolios, and another $22 billion of long-term liquid investments. These liquid assets position us well to meet policyholder obligations and support the ongoing rotation of our portfolio into higher yielding investment strategies. Acquisition of Just and Acceleration of UK Strategy Last week we announced that we reached an agreement to acquire all of the issued and to be issued share capital of Just in an all-cash transaction for total consideration of GBP 2.4 billion ($3.2 billion) (the “Just Acquisition”). Just’s purpose is to help people achieve a better later life, which it fulfills by delivering competitive products and services to those who are approaching, at and in-retirement. The Just Acquisition is expected to meaningfully accelerate the growth of our U.K. business and represents a significant opportunity in a core market that we are committed to over the long term. Closing of the Just Acquisition is anticipated to take place in the first half of 2026, subject to satisfaction of customary closing conditions, including receipt of regulatory approvals. Three-for-Two Stock Split Brookfield Corporation today announced that its Board of Directors has approved a three-for-two split of class A limited voting shares of Brookfield Corporation (the “Brookfield class A shares”) for purposes of ensuring that the Brookfield class A shares remain accessible to individual shareholders and to improve the liquidity of the Brookfield class A shares (the “Brookfield Corporation Stock Split”). Importantly, the stock split is not dilutive to shareholders. To ensure Brookfield Wealth Solutions’ class A exchangeable limited voting shares (“class A shares”) remain accessible to individual shareholders, improve the liquidity of the class A shares and maintain their economic equivalence to the Brookfield class A shares following the Brookfield Corporation Stock Split, Brookfield Wealth Solutions’ board of directors (the “Board”) has approved a three-for-two split of the class A shares. The stock split will be implemented by way of a subdivision of the class A shares which will be payable on October 9, 2025, to shareholders of record at the close of business on October 3, 2025. Each shareholder will receive one-half of a class A share for each class A share held by them (i.e. one additional class A share for every two shares held). Fractional shares will be paid in cash based on the closing price of the class A shares on the Toronto Stock Exchange on October 3, 2025. The Board has also approved a concurrent three-for-two split of the Company’s class B limited voting shares. From market open on Friday, October 3, 2025 and until market close on Thursday, October 9, 2025 both trading days inclusive, the class A shares will trade on a due bill basis on the Toronto Stock Exchange and the New York Stock Exchange. During this due bill trading period, the class A shares will carry the right to receive the additional shares to be issued in connection with the stock split. From market open on Friday, October 10, 2025, the post-split (ex-dividend) class A shares will commence trading on the Toronto Stock Exchange and New York Stock Exchange. Based on the manner in which the stock split will be implemented, no Canadian or U.S. federal income tax is expected to be payable by shareholders, except in the case of cash received in lieu of fractional shares. The Brookfield Wealth Solutions stock split will occur concurrently with the Brookfield Corporation Stock Split in order to maintain the economic equivalence of the class A shares with the Brookfield class A shares. Regular Distribution Declaration The Board declared a quarterly return of capital of $0.09 per class A share and class B share payable on September 29, 2025 to shareholders of record as at the close of business on September 12, 2025. This distribution is identical in amount per share and has the same payment date as the quarterly distribution announced today by Brookfield Corporation on the Brookfield class A shares. The first distribution payable post-split will occur on December 31, 2025, subject to declaration by the Board. Brookfield Corporation Operating Results An investment in class A shares of our company is intended to be, as nearly as practicable, functionally and economically, equivalent to an investment in the Brookfield class A shares. A summary of Brookfield Corporation’s second quarter operating results is provided below: Brookfield Corporation net income above is presented under IFRS. Given the economic equivalence, we expect that the market price of the class A shares of our company will be impacted significantly by the market price of the Brookfield class A shares and the business performance of Brookfield as a whole. In addition to carefully considering the disclosure made in this news release in its entirety, shareholders are strongly encouraged to carefully review Brookfield Corporation’s letter to shareholders, supplemental information and its other continuous disclosure filings. Investors, analysts and other interested parties can access Brookfield Corporation’s disclosure on its website under the Reports & Filings section at bn.brookfield.com. CONSOLIDATED BALANCE SHEETS CONSOLIDATED STATEMENTS OF OPERATIONS SUMMARIZED FINANCIAL RESULTS RECONCILIATION OF NET INCOME TO DISTRIBUTABLE OPERATING EARNINGS RECONCILIATION OF EQUITY TO ADJUSTED EQUITY Additional Information The statements contained herein are based primarily on information that has been extracted from our financial statements for the quarter ended June 30, 2025, which have been prepared using generally accepted accounting principles in the United States of America (“US GAAP” or “GAAP”). Brookfield Wealth Solutions’ Board of Directors have reviewed and approved this document, including the summarized unaudited consolidated financial statements prior to its release. Information on our distributions can be found on our website under Stock & Distributions/Distribution History. Brookfield Wealth Solutions Ltd. (NYSE, TSX: BNT) is focused on securing the financial futures of individuals and institutions through a range of retirement services, wealth protection products and tailored capital solutions. Each class A exchangeable limited voting share of Brookfield Wealth Solutions is exchangeable on a one-for-one basis with a class A limited voting share of Brookfield Corporation (NYSE, TSX: BN). For more information, please visit our website at bnt.brookfield.com or contact: Non-GAAP and Performance Measures This news release and accompanying financial statements are based on US GAAP, unless otherwise noted. We make reference to Distributable operating earnings. We define distributable operating earnings as net income after applicable taxes excluding the impact of depreciation and amortization, deferred income taxes related to basis and other changes, and breakage and transaction costs, as well as certain investment and insurance reserve gains and losses, including gains and losses related to asset and liability matching strategies, non-operating adjustments related to changes in cash flow assumptions for future policy benefits, and change in market risk benefits, and is inclusive of returns on equity invested in certain variable interest entities and our share of adjusted earnings from our investments in certain associates. Distributable operating earnings is a measure of operating performance. We use distributable operating earnings to assess our operating results. We also make reference to Adjusted equity. Adjusted equity represents the total economic equity of our company through our class A, B and C shares as well as the junior preferred shares issued by our company, excluding the impact of accumulated other comprehensive income and the accumulated after tax impact of certain adjustments related to mark-to-market gains and losses on investments, derivatives and insurance contracts. We use adjusted equity to assess our return on our equity and believe it supplements investor’s understanding of our operating performance by providing information regarding our ongoing performance that excludes items we believe do not directly affect our core operations. For comparability with peers and to align with our measure of operating performance, we changed the composition of adjusted equity in the second quarter of 2025 to exclude non-controlling interest and accumulated after tax impact of certain investment and insurance reserve gains and losses. We have restated all applicable comparative information. We provide additional information on key terms and non-GAAP measures in our filings available at bnt.brookfield.com. Notice to Readers Brookfield Wealth Solutions Ltd. (“Brookfield Wealth Solutions” or “our” or “we”) is not making any offer or invitation of any kind by communication of this news release and under no circumstance is it to be construed as a prospectus or an advertisement. This news release contains “forward-looking information” within the meaning of Canadian provincial securities laws, “forward-looking statements” within the meaning of Canadian provincial securities laws, “forward-looking statements” within the meaning of the U.S. Securities Act of 1933, the U.S. Securities Exchange Act of 1934, and “safe harbor” provisions of the United States Private Securities Litigation Reform Act of 1995 and in any applicable Canadian securities regulations (collectively, “forward-looking statements”). Forward-looking statements include statements that are predictive in nature, depend upon or refer to future results, events or conditions, and include, but are not limited to, statements which reflect management’s current estimates, assumptions and expectations regarding the operations, business, financial condition, expected financial results, performance, prospects, opportunities, priorities, targets, goals, ongoing objectives, strategies, capital management and outlook of Brookfield Wealth Solutions, Brookfield Corporation and their respective subsidiaries, as well as the outlook for North American and international economies for the current fiscal year and subsequent periods. In particular, the forward-looking statements contained in this news release include statements referring to the growth of our business, international expansion, including the Just Acquisition, investment opportunities and expected future deployment of capital and financial earnings. In some cases, forward-looking statements can be identified by the use of forward-looking terminology such as “expects,” “anticipates,” “plans,” “believes,” “estimates,” “seeks,” “intends,” “targets,” “projects,” “foresees,” “forecasts” or negative versions thereof and other similar expressions, or future or conditional verbs such as “may,” “will,” “should,” “would” and “could.” Although we believe that our anticipated future results, performance or achievements expressed or implied by the forward-looking statements and information are based upon reasonable estimates, assumptions and expectations, the reader should not place undue reliance on forward-looking statements and information because they involve known and unknown risks, uncertainties and other factors, many of which are beyond our control, which may cause the actual results, performance or achievements of Brookfield Wealth Solutions or Brookfield Corporation to differ materially from anticipated future results, performance or achievement expressed or implied by such forward-looking statements and information. Factors that could cause actual results to differ materially from those contemplated or implied by forward-looking statements include, but are not limited to: (i) investment returns that are lower than target; (ii) the impact or unanticipated impact of general economic, political and market factors in the countries in which we do business; (iii) the behavior of financial markets, including fluctuations in interest and foreign exchange rates and heightened inflationary pressures; (iv) global equity and capital markets and the availability of equity and debt financing and refinancing within these markets; (v) strategic actions including acquisitions and dispositions; the ability to complete and effectively integrate acquisitions into existing operations and the ability to attain expected benefits; (vi) changes in accounting policies and methods used to report financial condition (including uncertainties associated with critical accounting assumptions and estimates); (vii) the ability to appropriately manage human capital; (viii) the effect of applying future accounting changes; (ix) business competition; (x) operational and reputational risks; (xi) technological change; (xii) changes in government regulation and legislation within the countries in which we operate; (xiii) governmental investigations and sanctions; (xiv) litigation; (xv) changes in tax laws; (xvi) ability to collect amounts owed; (xvii) catastrophic events, including but not limited to, earthquakes, hurricanes, epidemics and pandemics; (xviii) the possible impact of international conflicts and other developments including terrorist acts and cyberterrorism; (xix) the introduction, withdrawal, success and timing of business initiatives and strategies; (xx) the failure of effective disclosure controls and procedures and internal controls over financial reporting and other risks; (xxi) health, safety and environmental risks; (xxii) the maintenance of adequate insurance coverage; (xxiii) the existence of information barriers between certain businesses within our asset management operations; (xxiv) risks specific to our business segments; and (xxv) factors detailed from time to time in our documents filed with the securities regulators in Canada and the United States. We caution that the foregoing list of important factors that may affect future results is not exhaustive and other factors could also adversely affect its results. Readers are urged to consider the foregoing risks, as well as other uncertainties, factors and assumptions carefully in evaluating the forward-looking information and are cautioned not to place undue reliance on such forward-looking information. Except as required by law, Brookfield Wealth Solutions undertakes no obligation to publicly update or revise any forward-looking statements or information, whether written or oral, that may be as a result of new information, future events or otherwise. Past performance is not indicative nor a guarantee of future results. There can be no assurance that comparable results will be achieved in the future, that future investments will be similar to the historic investments discussed herein, that targeted returns, growth objectives, diversification or asset allocations will be met or that an investment strategy or investment objectives will be achieved (because of economic conditions, the availability of investment opportunities or otherwise). Certain of the information contained herein is based on or derived from information provided by independent third-party sources. While Brookfield Wealth Solutions believes that such information is accurate as of the date it was produced and that the sources from which such information has been obtained are reliable, Brookfield Wealth Solutions does not make any assurance, representation or warranty, express or implied, with respect to the accuracy, reasonableness or completeness of any of the information or the assumptions on which such information is based, contained herein, including but not limited to, information obtained from third parties, and undue reliance should not be put on them. No statements contained herein with respect to tax consequences are intended to be, or should be construed to be, legal or tax advice, and no representation is made with respect to tax consequences. Shareholders are urged to consult their legal and tax advisors with respect to their circumstances.

Investor releaseQuarter not tagged2025-06-11

Brookfield Wealth Solutions Announces Results for Election of Directors

GlobeNewswire

BROOKFIELD, NEWS, June 10, 2025 (GLOBE NEWSWIRE) -- Brookfield Wealth Solutions (NYSE, TSX: BNT) today announced the approval of all items of business at the company’s annual general and special meeting of shareholders. The meeting was held earlier today in a virtual meeting format. All five nominees proposed for election to the board of directors by holders of class A exchangeable limited voting shares (“class A shares”) and all five nominees proposed for election to the board of directors by the holder of class B limited voting shares (“class B shares”) were elected. Detailed results of the vote for the election of directors are set out below. Management received the following proxies from holders of class A shares in regard to the election of the five directors nominated for election by this shareholder class: Management received a proxy from the holder of class B shares to vote all 24,000 class B shares for each of the five directors nominated for election by this shareholder class, being Barry Blattman, Gregory Morrison, Lori Pearson, Sachin Shah and Jay Wintrob. All other matters put forth at the meeting were approved by shareholder vote and a summary of all votes cast by shareholders represented at the company’s annual general and special meeting of shareholders will be available electronically on EDGAR on the United States Securities and Exchange Commission’s website at www.sec.gov or on Brookfield Wealth Solutions’ SEDAR profile at www.sedarplus.ca. About Brookfield Wealth Solutions Brookfield Wealth Solutions Ltd. (NYSE, TSX: BNT) is focused on securing the financial futures of individuals and institutions through a range of retirement services, wealth protection products and tailored capital solutions. Each class A exchangeable limited voting share of Brookfield Wealth Solutions is exchangeable on a one-for-one basis with a class A limited voting share of Brookfield Corporation (NYSE, TSX: BN). For more information, please visit our website at bnt.brookfield.com or contact:

Investor releaseQuarter not tagged2025-05-08

Brookfield Wealth Solutions Announces First Quarter Results and Declares Quarterly Distribution

GlobeNewswire
BROOKFIELD, NEWS, May 08, 2025 (GLOBE NEWSWIRE) -- Brookfield Wealth Solutions (NYSE, TSX: BNT) today announced financial results for the three months ended March 31, 2025. Sachin Shah, CEO of Brookfield Wealth Solutions, stated, “Our business is off to a strong start in 2025. We have entered the U.K. market and begun offering new products that expand our asset base while maintaining our fundamental objective of generating high-quality earnings and durable risk-adjusted returns within our business.” 1. See Non-GAAP and Performance Measures on page 6 and a reconciliation from net income on page 5. First Quarter Highlights Launched our U.K. pension risk transfer business under Blumont Annuity UK in late March, following a comprehensive authorization process and expect to be active in the market in 2025 Deployed $3 billion into Brookfield originated strategies across our investment portfolio at returns greater than 8% Completed our first funding agreement-backed note (“FABN”) issuance at American National for $500 million Originated $4 billion of annuity sales during the quarter across our retail, PRT and FABN channels Our Property and Casualty float remained stable at approximately $8 billion, providing us with investment flexibility and risk diversification Operating UpdateWe recognized $437 million of distributable operating earnings (“DOE”) for the three months ended March 31, 2025, compared to $279 million in the prior year period. The increase in earnings for the current period reflects contributions from AEL, which we acquired in May 2024, as well as higher net investment income resulting from progress made in repositioning assets into higher yielding investment strategies. We recorded a net loss of $282 million for the three months ended March 31, 2025, compared to net income of $337 million in the prior year period. The net loss in the current period is primarily the result of unrealized movements on reserves due to interest rate and equity market movements, which more than offset our strong operating performance. Net income in the prior year period resulted from our DOE and favorable mark-to-market on derivatives. Today, we are in a strong liquidity position, with approximately $25 billion of cash and short-term liquid investments across our investment portfolios, and another $22 billion of long-term liquid investments. These liquid assets p…Read full document

BROOKFIELD, NEWS, May 08, 2025 (GLOBE NEWSWIRE) -- Brookfield Wealth Solutions (NYSE, TSX: BNT) today announced financial results for the three months ended March 31, 2025. Sachin Shah, CEO of Brookfield Wealth Solutions, stated, “Our business is off to a strong start in 2025. We have entered the U.K. market and begun offering new products that expand our asset base while maintaining our fundamental objective of generating high-quality earnings and durable risk-adjusted returns within our business.” 1. See Non-GAAP and Performance Measures on page 6 and a reconciliation from net income on page 5. First Quarter Highlights Launched our U.K. pension risk transfer business under Blumont Annuity UK in late March, following a comprehensive authorization process and expect to be active in the market in 2025 Deployed $3 billion into Brookfield originated strategies across our investment portfolio at returns greater than 8% Completed our first funding agreement-backed note (“FABN”) issuance at American National for $500 million Originated $4 billion of annuity sales during the quarter across our retail, PRT and FABN channels Our Property and Casualty float remained stable at approximately $8 billion, providing us with investment flexibility and risk diversification Operating UpdateWe recognized $437 million of distributable operating earnings (“DOE”) for the three months ended March 31, 2025, compared to $279 million in the prior year period. The increase in earnings for the current period reflects contributions from AEL, which we acquired in May 2024, as well as higher net investment income resulting from progress made in repositioning assets into higher yielding investment strategies. We recorded a net loss of $282 million for the three months ended March 31, 2025, compared to net income of $337 million in the prior year period. The net loss in the current period is primarily the result of unrealized movements on reserves due to interest rate and equity market movements, which more than offset our strong operating performance. Net income in the prior year period resulted from our DOE and favorable mark-to-market on derivatives. Today, we are in a strong liquidity position, with approximately $25 billion of cash and short-term liquid investments across our investment portfolios, and another $22 billion of long-term liquid investments. These liquid assets position us well to mitigate current market volatility and support the ongoing rotation of our portfolio into higher yielding investment strategies. Regular Distribution DeclarationThe Board declared a quarterly return of capital of $0.09 per class A share and class B share payable on June 30, 2025 to shareholders of record as at the close of business on June 13, 2025. This distribution is identical in amount per share and has the same payment date as the quarterly distribution announced today by Brookfield Corporation on the Brookfield class A shares. Brookfield Corporation Operating ResultsAn investment in class A shares of our company is intended to be, as nearly as practicable, functionally and economically, equivalent to an investment in the Brookfield class A shares. A summary of Brookfield Corporation’s first quarter operating results is provided below: 1. Consolidated basis – includes amounts attributable to non-controlling interests.2. Excludes amounts attributable to non-controlling interests.3. See Reconciliation of Net Income to Distributable Earnings on page 5 and Non-IFRS and Performance Measures section on page 8 of Brookfield Corporation’s press release dated May 8, 2025. Brookfield Corporation net income above is presented under IFRS. Given the economic equivalence, we expect that the market price of the class A shares of our company will be impacted significantly by the market price of the Brookfield class A shares and the business performance of Brookfield as a whole. In addition to carefully considering the disclosure made in this news release in its entirety, shareholders are strongly encouraged to carefully review Brookfield Corporation’s letter to shareholders, supplemental information and its other continuous disclosure filings. Investors, analysts and other interested parties can access Brookfield Corporation’s disclosure on its website under the Reports & Filings section at bn.brookfield.com. CONSOLIDATED BALANCE SHEETS CONSOLIDATED STATEMENTS OF OPERATIONS 1. Class A shares receive distributions at the same amount per share as the cash dividends paid on each Brookfield class A share. SUMMARIZED FINANCIAL RESULTS RECONCILIATION OF NET INCOME TO DISTRIBUTABLE OPERATING EARNINGS 1. Non-GAAP measure – see Non-GAAP and Performance Measures on page 6. Additional Information The statements contained herein are based primarily on information that has been extracted from our financial statements for the quarter ended March 31, 2025, which have been prepared using generally accepted accounting principles in the United States of America (“US GAAP” or “GAAP”). Brookfield Wealth Solutions’ Board of Directors have reviewed and approved this document, including the summarized unaudited consolidated financial statements prior to its release. Information on our distributions can be found on our website under Stock & Distributions/Distribution History. Brookfield Wealth Solutions Ltd. (NYSE, TSX: BNT) is focused on securing the financial futures of individuals and institutions through a range of retirement services, wealth protection products and tailored capital solutions. Each class A exchangeable limited voting share of Brookfield Wealth Solutions is exchangeable on a one-for-one basis with a class A limited voting share of Brookfield Corporation (NYSE, TSX: BN). For more information, please visit our website at bnt.brookfield.com or contact: Non-GAAP and Performance Measures This news release and accompanying financial statements are based on US GAAP, unless otherwise noted. We make reference to Distributable operating earnings. We define distributable operating earnings as net income after applicable taxes excluding the impact of depreciation and amortization, deferred income taxes related to basis and other changes, and breakage and transaction costs, as well as certain investment and insurance reserve gains and losses, including gains and losses related to asset and liability matching strategies, non-operating adjustments related to changes in cash flow assumptions for future policy benefits, and change in market risk benefits, and is inclusive of returns on equity invested in certain variable interest entities and our share of adjusted earnings from our investments in certain associates. Distributable operating earnings is a measure of operating performance. We use distributable operating earnings to assess our operating results. We provide additional information on key terms and non-GAAP measures in our filings available at bnt.brookfield.com. Notice to Readers Brookfield Wealth Solutions Ltd. (“Brookfield Wealth Solutions” or “our” or “we”) is not making any offer or invitation of any kind by communication of this news release and under no circumstance is it to be construed as a prospectus or an advertisement. This news release contains “forward-looking information” within the meaning of Canadian provincial securities laws, “forward-looking statements” within the meaning of Canadian provincial securities laws, “forward-looking statements” within the meaning of the U.S. Securities Act of 1933, the U.S. Securities Exchange Act of 1934, and “safe harbor” provisions of the United States Private Securities Litigation Reform Act of 1995 and in any applicable Canadian securities regulations (collectively, “forward-looking statements”). Forward-looking statements include statements that are predictive in nature, depend upon or refer to future results, events or conditions, and include, but are not limited to, statements which reflect management’s current estimates, assumptions and expectations regarding the operations, business, financial condition, expected financial results, performance, prospects, opportunities, priorities, targets, goals, ongoing objectives, strategies, capital management and outlook of Brookfield Wealth Solutions, Brookfield Corporation and their respective subsidiaries, as well as the outlook for North American and international economies for the current fiscal year and subsequent periods. Particularly, statements regarding international expansion plans and future capital markets initiatives, including statements relating to the redeployment of capital into higher yielding investments constitute forward-looking statements. In some cases, forward-looking statements can be identified by the use of forward-looking terminology such as “expects,” “anticipates,” “plans,” “believes,” “estimates,” “seeks,” “intends,” “targets,” “projects,” “foresees,” “forecasts” or negative versions thereof and other similar expressions, or future or conditional verbs such as “may,” “will,” “should,” “would” and “could.” In particular, the forward-looking statements contained in this news release include statements referring to the growth of our business, international expansion, investment opportunities and expected future deployment of capital and financial earnings. Although we believe that our anticipated future results, performance or achievements expressed or implied by the forward-looking statements and information are based upon reasonable estimates, assumptions and expectations, the reader should not place undue reliance on forward-looking statements and information because they involve known and unknown risks, uncertainties and other factors, many of which are beyond our control, which may cause the actual results, performance or achievements of Brookfield Wealth Solutions or Brookfield Corporation to differ materially from anticipated future results, performance or achievement expressed or implied by such forward-looking statements and information. Factors that could cause actual results to differ materially from those contemplated or implied by forward-looking statements include, but are not limited to: (i) investment returns that are lower than target; (ii) the impact or unanticipated impact of general economic, political and market factors in the countries in which we do business; (iii) the behavior of financial markets, including fluctuations in interest and foreign exchange rates and heightened inflationary pressures; (iv) global equity and capital markets and the availability of equity and debt financing and refinancing within these markets; (v) strategic actions including acquisitions and dispositions; the ability to complete and effectively integrate acquisitions into existing operations and the ability to attain expected benefits; (vi) changes in accounting policies and methods used to report financial condition (including uncertainties associated with critical accounting assumptions and estimates); (vii) the ability to appropriately manage human capital; (viii) the effect of applying future accounting changes; (ix) business competition; (x) operational and reputational risks; (xi) technological change; (xii) changes in government regulation and legislation within the countries in which we operate; (xiii) governmental investigations and sanctions; (xiv) litigation; (xv) changes in tax laws; (xvi) ability to collect amounts owed; (xvii) catastrophic events, including but not limited to, earthquakes, hurricanes, epidemics and pandemics; (xviii) the possible impact of international conflicts and other developments including terrorist acts and cyberterrorism; (xix) the introduction, withdrawal, success and timing of business initiatives and strategies; (xx) the failure of effective disclosure controls and procedures and internal controls over financial reporting and other risks; (xxi) health, safety and environmental risks; (xxii) the maintenance of adequate insurance coverage; (xxiii) the existence of information barriers between certain businesses within our asset management operations; (xxiv) risks specific to our business segments; and (xxv) factors detailed from time to time in our documents filed with the securities regulators in Canada and the United States. We caution that the foregoing list of important factors that may affect future results is not exhaustive and other factors could also adversely affect its results. Readers are urged to consider the foregoing risks, as well as other uncertainties, factors and assumptions carefully in evaluating the forward-looking information and are cautioned not to place undue reliance on such forward-looking information. Except as required by law, Brookfield Wealth Solutions undertakes no obligation to publicly update or revise any forward-looking statements or information, whether written or oral, that may be as a result of new information, future events or otherwise. Past performance is not indicative nor a guarantee of future results. There can be no assurance that comparable results will be achieved in the future, that future investments will be similar to the historic investments discussed herein, that targeted returns, growth objectives, diversification or asset allocations will be met or that an investment strategy or investment objectives will be achieved (because of economic conditions, the availability of investment opportunities or otherwise). Certain of the information contained herein is based on or derived from information provided by independent third-party sources. While Brookfield Wealth Solutions believes that such information is accurate as of the date it was produced and that the sources from which such information has been obtained are reliable, Brookfield Wealth Solutions does not make any assurance, representation or warranty, express or implied, with respect to the accuracy, reasonableness or completeness of any of the information or the assumptions on which such information is based, contained herein, including but not limited to, information obtained from third parties, and undue reliance should not be put on them.

As of 2026-08-15 • Updated weeklySource: Earnings sourceIngestion runbook