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Brookfield-managed insurance and annuity company providing retirement/wealth solutions, formerly known as Brookfield Reinsurance.
Brookfield-managed insurance and annuity company providing retirement/wealth solutions, formerly known as Brookfield Reinsurance.
Same company as BNT. Earns the gap between what its annuity and pension-buyout assets yield and what it owes policyholders, with assets sourced through Brookfield. American Equity, bought in 2024, is the largest of its acquired insurers.
In one line: A Brookfield-managed annuity/insurance platform, akin to Athene (Apollo).
Moat: narrow (scale, brand, distribution). Access to Brookfield's investment platform to generate higher-yielding assets backing insurance liabilities.
Headquarters: Toronto, Canada / Hamilton, Bermuda · Founded: 2021 · Employees: 4,000
Size Brookfield Wealth Solutions (BNT.TO) is a Canada Financials company (Multi-Line Insurance) with a market value of $14.9B, the 56th largest of 420 Canada companies the cockpit tracks. Shares closed at C$58.57 on 6 Nov 2026.
Performance Over six months the shares fell 7.7%, against +10.7% for the median peer and +5.2% for the Canada market (cap-weighted) — 3rd lowest of 21 in its peer set.
Growth Revenue fell 18.4% over the last twelve months (peer median +7.2%); the operating margin is 6.0% (peer median 15.0%).
Valuation It trades at 0.70× book value against a peer median of 1.78× (2nd cheapest of 21).
Price implies The share price implies a return on equity of about 9.4%; Brookfield Wealth Solutions delivers 0.7%, so the price asks more than the business earns today.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | C$16.3B | C$16.3B | C$19.3B | C$9.47B | C$5.61B |
| Revenue growth | — | -16% | +104% | +69% | — |
| Net income | C$152M | C$1.05B | C$1.50B | C$911M | C$553M |
| Free cash flow | C$4.53B | C$3.56B | C$6.20B | C$1.85B | C$807M |
| Capital expenditure | C$99.0M | C$96.4M | C$54.8M | C$182M | C$31.2M |
| Total debt | C$8.22B | C$5.47B | C$6.53B | C$8.49B | C$8.65B |
The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.
| Company | Market cap | 6M return | Revenue growth | ROE | Price / book | Implied ROE |
|---|---|---|---|---|---|---|
| Brookfield Wealth Solutions BNT.TO | $14.9B | -8% | -18% | 1% | 0.70× | 9.4% |
| Apollo Global Management APO | $68.9B | -12% | +11% | -5% | 4.32× | 43.6% |
| Corebridge Financial CRBG | $14.9B | +25% | +10% | 22% | 2.41× | 19.3% |
| F&G Annuities & Life FG | $3.06B | -17% | +14% | 9% | 0.66× | 8.4% |
| Jackson Financial Incorporation JXN | $8.70B | +17% | +34% | 9% | 1.10× | 12.5% |
| Brighthouse Financial BHF | $2.45B | -31% | +3% | 14% | 0.37× | 5.2% |
| Equitable EQH | $14.1B | +24% | +6% | -183% | n/a | n/a |
| MetLife MET | $62.4B | +27% | +9% | 13% | 2.28× | 16.2% |
Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.
| Measure | BNT.TO | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | +11.6% | +3.2% | 3rd highest of 21 |
| 6-month return | -7.7% | +10.7% | 3rd lowest of 21 |
| Return on equity | 0.7% | 16.9% | lowest of 21 |
| Price / book | 0.70× | 1.78× | 2nd cheapest of 21 |
| ROE the price implies | 9.4% | 11.1% | 9th least demanding of 21 |
| ROE delivered | 0.7% | 16.9% | lowest of 20 |
| Company | Market | Market cap | 6M return | Revenue growth | ROE | Price / book | Implied ROE | Delivered ROE |
|---|---|---|---|---|---|---|---|---|
| Brookfield Wealth Solutions BNT.TO | Canada | $14.9B | -8% | -18% | 1% | 0.70× | 9.4% | 0.7% |
| Suncorp SUN.AX | Australia | $14.9B | +21% | -3% | 10% | 2.08× | 11.7% | 9.8% |
| Gjensidige Forsikring GJF.OL | Norway | $14.7B | +9% | +7% | 30% | 5.73× | 19.1% | 29.9% |
| Mapfre MAP.MC | Spain | $14.1B | -2% | +5% | 12% | 1.26× | 8.4% | 12.4% |
| Powszechny Zaklad Ubezpieczen Spolka Akcyjna PZU.WA | Poland | $16.1B | +15% | +1% | 20% | 1.83× | 19.5% | 19.5% |
| ASR Nederland ASRNL.AS | Netherlands | $17.3B | +14% | +6% | 13% | 1.74× | 8.3% | 13.1% |
| CNA Financial CNA | United States | $12.8B | +9% | +2% | 10% | 1.25× | 7.2% | 9.6% |
| Aegon AGN.AS | Netherlands | $12.7B | +4% | +16% | 10% | 1.25× | 8.2% | 10.5% |
| Unum UNM | United States | $12.2B | -5% | -5% | 3% | 1.52× | 8.1% | 2.6% |
| Globe Life GL | United States | $12.1B | +4% | +6% | 21% | 2.08× | 11.7% | n/a |
| Aditya Birla Capital ABCAPITAL.NS | India | $11.5B | +8% | +24% | 12% | 2.56× | 41.9% | 12.1% |
| New China Life Insurance 1336.HK | Hong Kong | $21.5B | -24% | +44% | 42% | 0.87× | 10.3% | 42.3% |
| Legal & General LGEN.L | United Kingdom | $21.9B | +24% | +137% | 26% | 7.73× | 70.7% | 26.2% |
| Unipol Assicurazioni UNI.MI | Italy | $23.8B | +13% | +7% | 17% | 1.62× | 14.9% | 16.9% |
| Kinsale Capital KNSL | United States | $8.64B | +26% | +8% | 28% | 4.70× | 30.6% | 27.8% |
| China Taiping Insurance 0966.HK | Hong Kong | $8.28B | -24% | +19% | 36% | 0.63× | 8.1% | 36.2% |
| Helvetia Baloise HBAN.SW | Switzerland | $27.0B | +5% | +54% | 4% | 1.80× | 4.8% | 4.0% |
| Hiscox HSX.L | United Kingdom | $8.08B | +18% | +4% | 17% | 2.06× | 15.1% | 16.6% |
| W. R. Berkley WRB | United States | $27.9B | +16% | +1% | 19% | 2.91× | 12.8% | 19.2% |
| Cincinnati Financial CINF | United States | $28.5B | +15% | +10% | 17% | 1.76× | 10.6% | 16.9% |
| Lincoln National LNC | United States | $7.67B | +12% | +12% | 23% | 0.74× | 8.6% | 22.6% |