Brookfield Reinsurance to acquire American Equity Investment Life Holding Company to strengthen presence in U.S. annuity markets
Brookfield Reinsurance to acquire American Equity Investment Life Holding Company to strengthen presence in U.S. annuity markets
03/13/24, 7:51 PM
Location
new yorkdes moinesIndustry
finance
financial services
financial services
Brookfield Reinsurance, a leading provider of insurance and reinsurance services, is set to acquire American Equity Investment Life Holding Company. The acquisition aims to strengthen Brookfield Reinsurance's position in the U.S. annuity markets and enhance its impact in the Des Moines community, benefiting AEL’s policyholders and employees.
Company Info
Location
New York, New York, United States
Company info
Brookfield Reinsurance Ltd. operates a leading capital solutions business providing insurance and reinsurance services to individuals and institutions. Each class A exchangeable limited voting share and each class A-1 exchangeable non-voting share of Brookfield Reinsurance are exchangeable on a one-for-one basis with a class A limited voting share of Brookfield Corporation.