Brookfield Corp. Posts Profit as Firm Continues Insurance Push

Brookfield Corp. is merging its shares with those of its insurance business as the firm pushes ahead with its plans to transform itself into an investment-led insurer, the company said...

By Layan Odeh · Bloomberg Markets

Brookfield Corp. is merging its shares with those of its insurance business as the firm pushes ahead with its plans to transform itself into an investment-led insurer, the company said in its first-quarter earnings statement.