APO - Alternative Asset Manager Brookfield's Diversification Exploring UK Pension Insurance with Possible Acquisitions | Benzinga
Brookfield Corporation (NYSE: BN) and its affiliate Brookfield Reinsurance Ltd (NYSE: BNRE) are reportedly exploring the possibility of venturing into the U.K.'s pension insurance sector.
This exploration focuses on the bulk annuities segment, where potential acquisition targets may include companies like Just Group and Pension
Bulk annuities represent a type of insurance that enables companies' pension plans to transfer their liabilities to an insurer.
Reuters reported that the deliberations are still in their early stages, and there is no assurance that Brookfield will proceed with such a move or engage ...