Brookfield insurance business Acquired by Brookfield | Financial Services M&A Deal

Brookfield has acquired Brookfield insurance business, a insurance brokerage business in Connecticut, for $1.4 billion. The target combines Brookfield’s insurance operations with its investment-led insurer strategy, expanding underwriting and distribution capabilities for financial services clients. Brookfield acquisitions in the insurance brokerage space are designed to strengthen capital structure and scale insurance assets across the group, including after prior insurance growth initiatives. The merger acquisition is announced and sized above $100M, with Brookfield as a private equity-backed buyer using permanent capital raised for insurance capital deployment and expected to support growth through 2027 accounting changes.