Brookfield Corp. to combine with insurance business, reports Q1 profit up
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Article Excerpt
Brookfield Corp. to combine with insurance business, reports Q1 profit up
TORONTO
THE CANADIAN PRESS
PUBLISHED MAY 14, 2026
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Brookfield Corp. BN-T announced plans to combine its operations with its insurance business as it reported its first-quarter profit rose compared with year ago.
The company says it’s looking to merge its business with Brookfield Wealth Solutions to streamline its corporate structure.
Brookfield president Nick Goodman says the move will improve capital efficiency and flexibility.
Brookfield, which keeps its books in U.S. dollars, says it e…
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