Brookfield Wealth Solutions (TSE:BNT) has released an update.
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Brookfield Wealth Solutions reported strong third-quarter results with $5 billion in investment redeployment and $4 billion in annuity sales, reflecting its robust investment strategies and retail annuities platform. The company achieved distributable operating earnings of $370 million for the quarter, bolstered by recent acquisitions and higher net investment income. This growth positions Brookfield well for future expansion as it continues to strategically reposition assets into higher-yielding investments.
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