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OverviewAPI
Brookfield Reinsurance achieved a net income of $453 million in Q4'23, with a full-year net income of $797 million. The increase was driven by higher spread earnings, new annuity business, and a transaction contribution. CEO Sachin Shah emphasized the growth of the annuity sales platform, credit origination expansion, and increased investment returns. Additionally, the company reported having approximately $27 billion of liquidity.

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