• The Westaim Corporation posted a Q1 2026 loss attributable to controlling interests of US$33.9 million, widening from a loss of US$7.4 million a year earlier; diluted loss per share widened to US$1 from US$0.34.
• Revenue swung to US$14.1 million from a negative US$4.7 million in Q1 2025, while net expenses climbed to US$37 million from US$4.6 million.
• Asset management adjusted EBITDA showed a net loss of US$7.3 million; AUM and programmatic capital totaled US$4.3 billion at March 31, 2026, while fee-paying AUM held at US$2.5 billion.
• Insurance adjusted EBITDA posted a net loss of US$20.1 million; Ceres Life generated US$51.5 million of fixed indexed annuity premiums and US$24.5 million of MYGA premiums by March 31, 2026.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. The Westaim Corporation published the original content used to generate this news brief on May 14, 2026, and is solely responsible for the information contained therein.