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Brookfield Reinsurance Ltd. engages in the provision of capital-based solutions to insurance companies. It offers annuity-based reinsurance products such as fixed, fixed index, and payout annuities. It operates through the following business segments: Direct Insurance, Reinsurance, and Pension Risk Transfer segment (PRT). The company was founded on December 10, 2020 and is headquartered in Pembroke, Bermuda.