Canadian Firm Closes on $10B American Equity Reinsurance Deal
October 13, 2021 by Allison Bell
A subsidiary of Brookfield Reinsurance has closed a deal to reinsure about $10 billion in annuities for American Equity Investment Life Holding Co.
The deal means that annuity advisors will continue to be able to do business with an annuity issuer that’s based in the United States — in West Des Moines, Iowa — rather than in Bermuda or some other country.
Click HERE to read the full story via ThinkAdvisor
Originally Posted at ThinkAdvisor on October 11, 2021 by Allison Bell.
Categories: Industry Articles