Brookfield Asset Management completes spin-off of Trisura Group Ltd.

Torys acted as counsel to Brookfield Asset Management with a team that included Karrin Powys-Lybbe, Adrienne DiPaolo, Michele Cousens and Riley Harmon (corporate/Canadian securities), Mile Kurta and Alice Lin (corporate/U.S. securities), Adam Delean and Simon Williams (lending), Jennifer Lennon (employment), Richard Johnson (Canadian tax) and David Mattingly (U.S. tax).

On June 22, 2017, Brookfield Asset Management Inc. ("Brookfield") announced the completion of the spin-off of Trisura Group Ltd. ("Trisura Group"), a leading international specialty insurance provider operating in the surety, risk solutions, corporate insurance and reinsurance segments of the market.

The spin-off was effected by way of a special dividend of common shares of Trisura Group to holders of Brookfield's Class A and B limited voting shares. Each holder of shares received one Trisura Group common share for every 170 shares held. Shareholders of Brookfield now own approximately 5.8 million shares of Trisura Group, or a 100% interest in Trisura Group. Brookfield no longer has any ownership interest in Trisura Group.

The Trisura Group shares commenced regular-way trading on the Toronto Stock Exchange on the same day under the symbol "TSU".

Brookfield is a global alternative asset manager with over US$250 billion of assets under management..

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