Brookfield Reinsurance Ltd. (NYSE:BNRE – Get Free Report)’s share price rose 1% during mid-day trading on Friday . The company traded as high as $45.18 and last traded at $44.97. Approximately 27,944 shares were traded during trading, an increase of 337% from the average daily volume of 6,394 shares. The stock had previously closed at $44.52.
Brookfield Reinsurance Stock Performance
The stock’s 50-day simple moving average is $44.97 and its 200-day simple moving average is $45.28. The firm has a market capitalization of $6.56 billion, a PE ratio of 155.56 and a beta of 1.53.
About Brookfield Reinsurance
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.
Read More
- Five stocks we like better than Brookfield Reinsurance
- Robinhood Wants a Bigger Role in IPOs—Here’s Why It Matters
- Alphabet’s Most Overlooked Division Just Had a Big Week
- Cooking Up Profits: Cracker Barrel’s Turnaround
- Time to Sell? 3 Winners With Fading Technical Momentum
Receive News & Ratings for Brookfield Reinsurance Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Brookfield Reinsurance and related companies with MarketBeat.com's FREE daily email newsletter.
-logo-1200x675.png){kind=logo}
