India, May 14 -- Brookfield Wealth Solutions (BNT,BNT.TO) said it recorded a net loss of $602 million for the first quarter, compared to a net loss of $282 million in the prior year period. The net loss was driven by unfavorable mark-to-market movements on public equity investment positions which have recovered since March 31, 2026. Net income to class A and class B shareholders was $5 million compared to $4 million. Net income per each class A share was $0.07 compared to $0.06. The company recognized $438 million of distributable operating earnings for the three months ended March 31, 2026, compared to $437 million in the prior year period. Total revenues declined to $1.66 billion from $2.62 billion.
The company said it is in a strong liq...