Brookfield Corp. Posts Profit as Firm Continues Insurance Push


The asset manager’s distributable earnings before realizations rose to $1.4 billion in the first quarter, a 7% increase from the prior year, according to the statement. Profits from the wealth business, which includes insurance, were $430 million — unchanged from a year ago — while its property group’s fell to $120 million during the quarter, down from $215 million. 



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