On the Record · Brookfield Wealth Solutions
Brookfield Wealth Solutions acquisitions, on the record
The businesses Brookfield Wealth Solutions bought and sold, as its annual reports describe them, with the cash it reported paying for acquisitions each year and every deal filing since 2016.
Deals its annual reports describe
| Business | Deal | When | Value |
|---|---|---|---|
Argo Group International Holdings, Inc.Word for word““ Argo Acquisition ” means the acquisition of Argo by our company at a price of $30 per share, for total consideration of approximately $1.1 billion, completed November 16, 2023;” 20-F for 2023 | acquisition | completed November 16, 2023 | approximately $1.1 billion |
American Equity Investment Life Holding CompanyWord for word“The closing of our company’s proposed acquisition of the outstanding common equity of AEL Holdings that we do not already own for aggregate consideration of $55.00 per AEL Holding share in a transaction that values AEL Holdings at approximately $4.3 billion (the “ AEL Acquisition ”) is subject to satisfaction or waiver of a number of customary closing conditions, including the receipt of insurance regulatory approvals in relevant jurisdictions.” 20-F for 2023 | agreed acquisition | — | approximately $4.3 billion |
American National Group, LLCWord for word“On May 25, 2022 our company completed the acquisition of American National in an all-cash transaction valued at approximately $5.1 billion.” 20-F for 2023 | acquisition | May 25, 2022 | approximately $5.1 billion |
AEL Holdings (American Equity Investment Life Holding Company)Word for word““ AEL Acquisition ” means the acquisition of AEL Holdings at $55.00 per AEL Holding share for total consideration of approximately $4.3 billion, completed on May 2, 2024.” 20-F for 2024 | acquisition | completed on May 2, 2024 | approximately $4.3 billion |
American NationalWord for word“On May 25, 2022, our company completed the acquisition of American National in an all-cash transaction valued at approximately $5.1 billion.” 20-F for 2024 | acquisition | — | approximately $5.1 billion |
AEL Holdings shares not previously owned (additional stake, January 7, 2022)Word for word“We acquired the additional shares of AEL Holdings at a price of $37.33 per share, being the adjusted book value of AEL Holdings as of September 30, 2021, for total consideration of approximately $253 million.” 20-F for 2024 | acquisition | — | approximately $253 million |
Just Group plcWord for word“On July 31, 2025, our company announced that it had entered into an agreement to acquire the entire issued and to be issued share capital of Just Group at 220 pence per Just Group share for total consideration of approximately £2.4 billion (US$3.2 billion).” 20-F for 2025 | agreed acquisition | On July 31, 2025 | approximately £2.4 billion (US$3.2 billion) |
AEL HoldingsWord for word“On May 2, 2024, our company acquired all of the outstanding shares of AEL Holdings it did not already own (the “ AEL Acquisition ”) pursuant to the terms of the definitive merger agreement our company entered into with AEL Holdings (the “ AEL Merger Agreement ”).” 20-F for 2025 | acquisition | On May 2, 2024 | — |
ClearbrookWord for word““ Clearbrook Acquisition ” means the acquisition of Clearbrook by our company at a price of $30 per share, for total consideration of approximately $1.1 billion, completed November 16, 2023;” 20-F for 2025 | acquisition | November 16, 2023 | approximately $1.1 billion |
| Fiscal year ended | Cash paid for acquisitions (net of cash acquired) | Cash received from selling businesses | Goodwill from acquisitions |
|---|---|---|---|
| 2021-12-31 | $0 | $0 | — |
| 2022-12-31 | $4.09 billion | $0 | $121 million |
| 2023-12-31 | $346 million | $72 million | $0 |
| 2024-12-31 | −$10.84 billion | $0 | $662 million |
| 2025-12-31 | $0 | $0 | $0 |
Read from Brookfield Wealth Solutions’s annual reports (20-F for 2025, 20-F for 2024, 20-F for 2023) and the financial data it files with the SEC, as of 2026-03-26. Every quotation is word for word from the filing linked beside it; how these pages are built and checked. The full record is in its company data sheet.