Shares of Brookfield Reinsurance Ltd. (NYSE:BNRE – Get Free Report) rose 1% during trading on Friday . The company traded as high as $45.18 and last traded at $44.97. Approximately 27,944 shares changed hands 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 Trading Up 1.0%
The stock has a market cap of $6.54 billion, a P/E ratio of 155.07 and a beta of 1.53. The stock’s fifty day moving average price is $44.97 and its 200 day moving average price is $45.28.
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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