Brookfield posts US$370 million DOE in Q3, declares UK reinsurance deal

Throughout the quarter, Brookfield originated roughly US$4 billion in proprietary funding methods, attaining returns exceeding 8%. The corporate additionally generated US$4 billion in annuity gross sales, bringing the year-to-date complete to US$12 billion. Moreover, it reinsured a portion of its life insurance coverage enterprise, a transfer geared toward locking in returns and releasing capital to help progress.