Brookfield Reinsurance Reports Second Quarter Results and Announces Regular Distribution

Provided By Globe Newswire

Last update: Aug 11, 2022

BROOKFIELD, NEWS, Aug. 11, 2022 (GLOBE NEWSWIRE) -- Brookfield Reinsurance (NYSE, TSX: BAMR) today announced financial results for the quarter ended June 30, 2022.

Sachin Shah, CEO of Brookfield Reinsurance, stated, “With the closing of American National, we now manage over $40 billion of assets, a substantial portion of which are in cash and short-dated liquid securities. Our focus now shifts to investing these assets for value in a rising rate environment.”