Bruce Cockburn: 50 years of music, spirituality and social justice | SaltWireLONDON - Brookfield, through its affiliate Brookfield Reinsurance, is weighing entering Britain's burgeoning pension insurance industry and is open to an acquisition to bolster growth, three people familiar with the matter told Reuters.
Brookfield invests assets originated by Brookfield Reinsurance in North America as part of the services agreement.The move is part of a broader trend where deal houses such as Brookfield and Apollo Global Management have in recent years pushed into the life insurance and annuities industry in search of long-term capital to invest.
For Brookfield, a UK deal would mark its first investment outside of North America through its reinsurance arm. Bulk annuities have grown in popularity in the UK among pension scheme trustees, with close to 30 billion pounds of pension liabilities transferred to the insurance industry last year, according to data by broker Aon.
مصر أحدث الأخبار, مصر عناوين
Similar News:يمكنك أيضًا قراءة قصص إخبارية مشابهة لهذه التي قمنا بجمعها من مصادر إخبارية أخرى.
مصدر: YahooFinanceCA - 🏆 47. / 63 اقرأ أكثر »