Brookfield Reinsurance Files Pro Forma Financials, Argo & AEL Updates

TL;DR

**Brookfield Reinsurance just dropped new pro forma financials and updates on Argo and American Equity, giving a fresh look at their books.**

AI Summary

Brookfield Reinsurance Ltd. filed a 6-K on January 17, 2024, including unaudited pro forma financial statements as of June 30, 2023, and for periods ending December 31, 2022, and June 30, 2023. This filing also contained unaudited consolidated financial statements for Argo Group International Holdings, Ltd. and American Equity Investment Life Holding Company, both as of September 30, 2023, and for periods ending September 30, 2023, and December 31, 2022. This matters to investors because it provides updated financial insights into Brookfield Reinsurance's potential performance, especially considering its investments in Argo Group and American Equity, which could impact future stock valuation.

Why It Matters

This filing gives investors a clearer picture of Brookfield Reinsurance's financial health and the performance of key investments, which can influence their decision to buy, hold, or sell the stock.

Risk Assessment

Risk Level: medium — The filing contains unaudited financial statements, which inherently carry a medium risk as they are subject to change and have not been fully reviewed by auditors.

Analyst Insight

A smart investor would review the unaudited financial statements of Brookfield Reinsurance, Argo Group, and American Equity to assess the current financial health and potential synergies, paying close attention to any significant changes or trends that could impact future performance.

Key Players & Entities

• Brookfield Reinsurance Ltd. (company) — the registrant filing the 6-K
• Argo Group International Holdings, Ltd. (company) — a company whose unaudited consolidated financial statements were included as an exhibit
• American Equity Investment Life Holding Company (company) — a company whose unaudited consolidated financial statements were included as an exhibit
• Thomas Corbett (person) — Chief Financial Officer of Brookfield Reinsurance Ltd., who signed the filing

FAQ

Filing Documents

• d703716d6k.htm (6-K) — 10KB
• d703716dex991.htm (EX-99.1) — 658KB
• d703716dex992.htm (EX-99.2) — 888KB
• d703716dex993.htm (EX-99.3) — 1327KB
• 0001193125-24-008711.txt ( ) — 2884KB

From the Filing

6-K UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, DC 20549 Form 6-K REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13A-16 OR 15D-16 OF THE SECURITIES EXCHANGE ACT OF 1934 For the month of: January 2024 Commission File Number: 001-40509 BROOKFIELD REINSURANCE LTD. (Translation of registrants name into English) Ideation House, First Floor 94 Pitts Bay Road Pembroke, HM08 Bermuda (Address of principal executive office) Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F: Form 20-F Form 40-F INFORMATION CONTAINED IN THIS FORM 6-K REPORT Exhibit Index Exhibit Description of Exhibit 99.1 Unaudited condensed combined pro forma financial statements of Brookfield Reinsurance Ltd. as at June 30, 2023, and for the six months ended June 30, 2023 and the year ended December 31, 2022 99.2 Unaudited consolidated financial statements of Argo Group International Holdings, Ltd. as of September 30, 2023 and December 31, 2022, and for the nine months ended September 30, 2023 and 2022 99.3 Unaudited consolidated financial statements of American Equity Investment Life Holding Company and subsidiaries as of September 30, 2023 and December 31, 2022, and for the nine months ended September 30, 2023 and 2022 SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized. BROOKFIELD REINSURANCE LTD. Date: January 16, 2024 By: /s/ Thomas Corbett Name: Thomas Corbett Title: Chief Financial Officer

View Full Filing

View this 6-K filing on SEC EDGAR