Brookfield Annuity Company announces name change to Blumont Annuity Company

TORONTO – Brookfield Annuity Company (BAC) today announced it will change its name to Blumont Annuity Company, effective March 1, 2025. This change reflects BAC’s dedication to providing retirement solutions in Canada as the company enters its 10th year of providing a stable source of lifetime income for tens of thousands of Canadian defined benefit (DB) plan members.

“Brookfield Annuity Company has grown significantly since we launched in 2016,” said Janice Madon, President & CEO. “With this growth, BAC now has a dedicated brand for our retirement services and products and remains committed to providing the exceptional plan member service our customers have come to expect.”

Blumont Annuity Company will continue to offer the same market-leading annuity solutions it has done for many years. There will be no change in service for policyholders or plan members.

Formal notice of the change will be communicated to plan members in the coming weeks.

On and after March 1, 2025, plan members can access information about their benefits by visiting the newly named secure member website secure.blumontannuitymembers.ca and get more information about the company by visiting blumontannuity.ca.

About Brookfield Annuity

Brookfield Annuity Company is the only Canadian life insurance company primarily focused on providing group annuity solutions to defined benefit pension plans. The company is wholly owned by Brookfield Wealth Solutions Ltd., a leading wealth solutions provider, focused on securing the financial futures of individuals and institutions through a range of retirement services, wealth protection products and tailored capital solutions.

Brookfield Annuity’s financial strength rating is A (AM Best). The company has $7.5B pension assets under management and secures the retirement income for over 45,000 annuitants.