- CEO
- Sachin G. Shah CPA
- Sector
- Financial Services
- Industry
- Insurance - Reinsurance
- Address
- Ideation House Pembroke Bermuda HM08
- IPO Date
- Nov 20, 2023
- Business
- Brookfield Wealth Solutions Ltd. Brookfield Wealth Solutions Ltd. (formerly Brookfield Reinsurance Ltd.) operates as a diversified financial services company providing retirement services, wealth protection products, and capital solutions to individuals and institutions worldwide. Through its subsidiaries, the company offers core products and services across three segments: Annuities, including retail and institutional annuities such as fixed, fixed index, and payout annuities; Property and Casualty (P&C), encompassing specialty casualty, construction defect, general liability, commercial multi-peril, workers compensation, product and environmental liability, and auto liability insurance; and Life Insurance, featuring whole life, universal life, variable universal life, credit insurance, health insurance, and pension products; as well as reinsurance of annuity-based products and pension risk transfer solutions. It maintains operations in the United States, Canada, Bermuda, the United Kingdom, Japan, and internationally, with headquarters in Pembroke, Bermuda, where it was incorporated in 2020.
In recent developments, the company changed its name from Brookfield Reinsurance Ltd. to Brookfield Wealth Solutions Ltd. in July 2024 to better reflect its expanded wealth and retirement solutions business, followed by a trading symbol update to BNT in September 2024. It completed the acquisition of American Equity Investment Life Holding Company in May 2024, bolstering its fixed annuity platform and increasing insurance assets under management to over $100 billion, and signed its first Japan reinsurance agreement with Dai-Ichi Frontier Life in November 2025 via Brookfield Wealth Solutions Ltd. Additionally, it announced the acquisition of U.K.-based Just Group plc in July 2025 to enhance defined benefit de-risking and retirement income capabilities, alongside implementing a class A shares subdivision payable in October 2025 to simplify its capital structure.