Brookfield Reinsurance Ltd. (TSE:BNRE) has released an update.
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Brookfield Reinsurance Ltd. has announced a Clawback Policy aimed at promoting integrity and fairness among its Executive Officers. The policy allows the company to reclaim any excess Incentive-Based Compensation in the case of misconduct by an Executive Officer or if financial restatements are required due to errors in reporting. This move underscores the company’s commitment to ethical business practices and financial accountability.
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