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BNRE

Brookfield Reinsurance Ltd.

https://bamr.brookfield.com

Industry

Insurance - Reinsurance

Brookfield Asset Management Reinsurance Partners Ltd., through its subsidiaries, provides annuity-based reinsurance products to insurance and reinsurance companies. The company operates in two segments, Reinsurance and Pension Risk Transfer. It also acts as a direct issuer of pension risk transfer products for pension plan sponsors. The company was incorporated in 2020 and is headquartered in Pembroke, Bermuda.

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In Tuesday's intraday session, the insurance industry saw notable movements. Huize Holding, Crawford, Everest Group, Reliance Global Group, and RenaissanceRe Holdings experienced gains, while Conifer Holdings, Maiden Holdings, Marpai, Greenlight Capital Re, eHealth, and Brookfield Reinsurance faced declines. Notably, Everest Group and Brookfield Reinsurance's movements were influenced by their recent Q4 earnings reports.

Portfolio Pulse from Benzinga Insights

February 13, 2024 | 5:40 pm

Brookfield Reinsurance (BNRE) reported a 50% decrease in Q4 EPS to $0.07 from $0.14 YoY, while sales increased by 69.24% to $2.33B from $1.38B YoY.

Portfolio Pulse from Benzinga Newsdesk

February 08, 2024 | 11:58 am

Insurance stocks showed notable movements in Tuesday's intraday session. Willis Towers Watson, GoHealth, eHealth, BRP Group, SelectQuote, and FG Finl Gr were among the gainers, with increases in their stock prices. On the other hand, Brookfield Reinsurance, Reliance Global Group, Stewart Information Servs, Waterdrop, CNA Financial, and Hamilton Insurance Group experienced declines. The movements were attributed to various factors including Q4 earnings releases for some companies.

Portfolio Pulse from Benzinga Insights

February 06, 2024 | 5:40 pm

In Friday's intraday session, insurance stocks saw significant movements. Hartford Finl Servs Gr, Huize Holding, Fanhua, Selective Insurance Gr, Oscar Health, and Assured Guaranty were among the gainers, with increases in their stock prices. On the other hand, Tian Ruixiang Holdings, Kemper, Reinsurance Gr, Brookfield Reinsurance, American Coastal, and FG Finl Gr experienced declines. Notably, several companies recently released their Q4 earnings, which may have influenced these movements.

Portfolio Pulse from Benzinga Insights

February 02, 2024 | 5:40 pm

Insurance stocks experienced notable movements in Thursday's intraday session. Gainers included American Coastal, Tian Ruixiang Holdings, eHealth, Donegal Gr, Crawford, and Lemonade, with increases ranging from 1.7% to 2.76%. Losers were Selective Insurance Gr, Markel Group, MetLife, Axis Capital Holdings, Brookfield Reinsurance, and Lincoln National, with declines between 3.3% and 9.28%. The fluctuations were largely attributed to the release of Q4 earnings reports.

Portfolio Pulse from Benzinga Insights

February 01, 2024 | 5:40 pm

In Tuesday's intraday session, insurance stocks saw various movements. Tian Ruixiang Holdings (TIRX), Abacus Life (ABL), Kingstone Companies (KINS), Brown & Brown (BRO), Unum Group (UNM), and American Intl Group (AIG) experienced gains, while Lemonade (LMND), Huize Holding (HUIZ), GoHealth (GOCO), BRP Group (BRP), Citizens (CIA), and Brookfield Reinsurance (BNRE) saw declines. Notably, Unum Group's rise coincided with their Q4 earnings report release.

Portfolio Pulse from Benzinga Insights

January 30, 2024 | 5:40 pm

In Monday's intraday session, insurance stocks saw movement with Hippo Holdings, eHealth, Lemonade, GoHealth, FG Finl Gr, and ProAssurance experiencing gains, while Huize Holding, Fanhua, Genworth Finl, Aegon, Crawford, and Brookfield Reinsurance faced declines. The changes in stock prices were not accompanied by significant changes in trading volume, which remained at 0% of the average full-day volume over the last 100 days for all mentioned stocks.

Portfolio Pulse from Benzinga Insights

January 29, 2024 | 5:40 pm

Brookfield Reinsurance (NYSE:BNRE) reported a 50% decrease in Q3 earnings per share YoY, from $0.14 to $0.07. Sales also decreased by 28.32% YoY, from $2.02 billion to $1.45 billion.

Portfolio Pulse from Benzinga Newsdesk

November 09, 2023 | 12:03 pm

Brookfield Corporation (BN) and its affiliate Brookfield Reinsurance Ltd (BNRE) are considering entering the UK's pension insurance sector, specifically the bulk annuities segment. Potential acquisition targets could include companies like Just Group and Pension. This move aligns with a broader trend in the financial industry, with entities like Brookfield and Apollo Global Management (APO) increasingly entering the life insurance and annuities sector. The UK presents a significant investment opportunity for Brookfield, with approximately £1.3 trillion in defined benefit pension schemes in the private sector.

Portfolio Pulse from Vandana Singh

October 17, 2023 | 12:54 pm

Brookfield Asset Management Ltd (BAM) reported Q2 2023 revenues of $985 million, missing the consensus of $1.10 billion. EPS of $0.28 also missed the consensus of $0.32. The company raised $17 billion in Q2 and committed to a $50 billion new investment year-to-date. In July, Brookfield Reinsurance Ltd (BNRE) agreed to acquire American Equity Investment Life Holding (AEL) for ~$4.3 billion. BAM shares are trading higher by 1.88% at $33.61.

Portfolio Pulse from Lekha Gupta

August 09, 2023 | 2:41 pm

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