Core Points - Brookfield Wealth Solutions announced the approval of all business items at its annual general and special meeting of shareholders held virtually [1] - All five nominees for the board of directors from both class A and class B shares were elected [2] Election Results - Class A shareholders voted as follows for the five nominated directors: - Dr. Soonyoung Chang: 23,747,124 votes (99.17% for, 0.83% withheld) - William Cox: 22,970,300 votes (95.92% for, 4.08% withheld) - Michele Coleman Mayes: 23,696,733 votes (98.96% for, 1.04% withheld) - Lars Rodert: 23,273,435 votes (97.19% for, 2.81% withheld) - Anne Schaumburg: 23,678,628 votes (98.88% for, 1.12% withheld) [3] - The holder of class B shares voted all 24,000 shares in favor of the five nominated directors: Barry Blattman, Gregory Morrison, Lori Pearson, Sachin Shah, and Jay Wintrob [3] Additional Approvals - All other matters presented at the meeting were approved by shareholder vote, with a summary of the votes to be available on EDGAR and SEDAR [4] Company Overview - Brookfield Wealth Solutions focuses on securing financial futures through retirement services, wealth protection products, and tailored capital solutions [5]

BROOKFIELD, NEWS, May 08, 2025 (GLOBE NEWSWIRE) -- Brookfield Wealth Solutions (NYSE, TSX: BNT) today announced financial results for the three months ended March 31, 2025. Sachin Shah, CEO of Brookfield Wealth Solutions, stated, “Our business is off to a strong start in 2025. We have entered the U.K. market and begun offering new products that expand our asset base while maintaining our fundamental objective of generating high-quality earnings and durable risk-adjusted returns within our business.” Unaudit ...

Core Points - Brookfield Wealth Solutions Ltd. filed its 2024 annual report, including audited financial statements for the year ended December 31, 2024, with the SEC and Canadian securities regulatory authorities [1] - The annual report is accessible on Brookfield's website, the SEC's website, and SEDAR+ profile, with hard copies available to shareholders upon request [2] - Brookfield Wealth Solutions focuses on securing financial futures through retirement services, wealth protection products, and tailored capital solutions [3]

Core Insights - Brookfield Wealth Solutions has reported a significant increase in group capital, tripling from $5.7 billion in 2022 to an estimated $16.1 billion in 2024, driven by retained earnings and capital contributions from Brookfield Corporation [2][4]. Group Capital Summary - As of December 31, 2024, the total group capital for Brookfield Wealth Solutions reached over $16 billion, with $13.5 billion from insurance subsidiaries and $2.6 billion from group holding companies [4]. - The growth trajectory shows an increase from $5.1 billion in insurance subsidiaries and $0.7 billion in group holding companies in 2022 to $7.5 billion and $1.5 billion respectively in 2023 [4]. Leadership Commentary - CEO Sachin Shah emphasized the commitment of over 5,000 employees to serve policyholders and retirees, contributing to the establishment of a robust wealth management business [3]. - The company participated in its first group Supervisory College, sharing details of its financial position with regulators from eight jurisdictions, indicating a proactive approach to regulatory engagement [3]. Market Expansion - Brookfield Wealth Solutions is preparing to enter the UK insurance market, signaling intentions for continued growth and expansion in 2025 [3].