Brookfield Reinsurance Ltd. (NYSE:BNRE – Get Free Report) shares were down 2.1% during trading on Thursday . The company traded as low as $42.51 and last traded at $42.87. 37,408 shares changed hands during mid-day trading, an increase of 485% from the average session volume of 6,394 shares. The stock had previously closed at $43.81.
Brookfield Reinsurance Stock Performance
The company has a market cap of $6.36 billion, a price-to-earnings ratio of 150.76 and a beta of 1.53. The company has a fifty day moving average of $44.74 and a two-hundred day moving average of $44.96.
Brookfield Reinsurance Company Profile
Brookfield Reinsurance (NYSE: BNRE) is a Bermuda-domiciled reinsurer sponsored by Brookfield Asset Management. The company provides a range of risk transfer solutions, including property catastrophe, casualty, specialty lines and retrocession coverage. By combining underwriting expertise with diversified capital markets strategies, Brookfield Reinsurance aims to meet the needs of primary insurers, reinsurers and other institutional clients seeking tailored reinsurance capacity.
In its underwriting operations, Brookfield Reinsurance focuses on structuring programs across regions and perils, deploying both traditional reinsurance treaties and facultative placements.
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