Brookfield Re to buy American National in $5.1bn all-cash deal
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Brookfield Re to buy American National in $5.1bn all-cash deal

American National Insurance logo Galveston Tx.jpg

Brookfield Asset Management Reinsurance Partners is to acquire American National in an all-cash deal valued at about $5.1bn.

Inside P&C revealed in May that the Galveston, Texas-based insurer had been placed up for sale, as the majority-owning Moody family looked to sell out.


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