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Brookfield Reinsurance posts net income of $337 million


Bermuda-based Brookfield Reinsurance Ltd. has posted a net income of $337 million for the first quarter of this year, compared to a net loss of $93 million reported in the first quarter of 2023, Reinsurance News reported. The growth was driven by strong operating performance and favorable mark-to-market movement on the firm’s derivatives and funds withheld insurance reserves.

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