Brookfield Quietly Built a $180 Billion Insurance Business. Here's Why It Could Be the Next Growth Engine.
Brookfield's insurance strategy is becoming a meaningful growth driver.
Overview
Brookfield Corporation (NYSE: BN) has been quietly building an investment-led insurance platform. This strategy has provided it with a growing source of perpetual capital to invest, enabling it to generate more fee-based income. The company has grown its insurance portfolio to over $180 billion in assets.
That's only the beginning. Here's why insurance is becoming Brookfield's next growth engine.
Image source: The Motley Fool.
Details
Source
Originally published at www.fool.com.
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