Globenewswire·2025-11-13 11:55Core Insights - Brookfield Wealth Solutions reported strong financial results for the quarter ended September 30, 2025, with significant growth in both distributable operating earnings and net income, reflecting the company's operational expertise and investment capabilities [2][4][5]. Financial Performance - Total assets increased to $152.8 billion in Q3 2025 from $137.1 billion in Q3 2024 [2][11]. - Distributable operating earnings (DOE) for Q3 2025 were $427 million, up from $370 million in Q3 2024, and for the nine months ended September 30, 2025, DOE reached $1.3 billion compared to $947 million in the prior year [4][14]. - Net income surged to $608 million in Q3 2025 from $65 million in Q3 2024, with a nine-month net income of $842 million compared to $671 million in the previous year [5][14]. Operational Highlights - The company successfully repositioned assets into higher yielding investment strategies, contributing to the increase in net investment income [4]. - Brookfield Wealth Solutions maintained a strong liquidity position with approximately $32 billion in cash and short-term liquid investments, alongside $25 billion in long-term liquid investments [6]. - The company deployed $4 billion into Brookfield originated strategies at an average yield of 9% and originated $5 billion in annuity sales during the quarter [8]. Strategic Initiatives - The acquisition of Just Group plc, a U.K.-based retirement specialist, is on track to close in the first half of 2026, enhancing the company's international expansion efforts [8]. - A new reinsurance agreement in Japan was announced, effective October 2025, marking a significant step in the company's international growth strategy [8]. Distribution Information - The Board declared a quarterly return of capital of $0.06 per class A and class B share, payable on December 31, 2025, consistent with previous distributions [9].