Brookfield Reinsurance Ltd. (TSX: BNRE)

Canada flag Canada · Delayed Price · Currency is CAD
60.64
-0.30 (-0.49%)
May 17, 2024, 4:00 PM EDT
40.01%
Market Cap 8.92B
Revenue (ttm) 11.65B
Net Income (ttm) 1.67B
Shares Out 16.87M
EPS (ttm) 19.62
PE Ratio 3.03
Forward PE n/a
Dividend 0.29 (0.48%)
Ex-Dividend Date Mar 12, 2024
Volume 14,830
Open 60.89
Previous Close 60.94
Day's Range 60.20 - 60.89
52-Week Range 40.28 - 61.52
Beta 1.76
Analysts n/a
Price Target n/a
Earnings Date Aug 8, 2024

About Brookfield Reinsurance

Brookfield Reinsurance Ltd., through its subsidiaries, provides insurance and reinsurance services to individuals and institutions in the United States, Canada, and internationally. The company operates in three segments: Direct Insurance, Reinsurance, and Pension Risk Transfer (PRT). The Direct Insurance segment offers a range of insurance products and services including Whole, Universal, Variable Universal, and Credit Life insurance products; deferred, single premium immediate, and variable annuities; primary and excess casualty products, suc... [Read more]

Sector Financials
CEO Gregory N. McConnie
Country Bermuda
Stock Exchange Toronto Stock Exchange
Ticker Symbol BNRE
Full Company Profile

Financial Performance

In 2023, BNRE's revenue was $7.02 billion, an increase of 62.91% compared to the previous year's $4.31 billion. Earnings were $796.00 million, an increase of 59.52%.

Financial numbers in USD Financial Statements

News

AM Best Places Credit Ratings of North End Re (Cayman) SPC Under Review With Developing Implications

OLDWICK, N.J.--(BUSINESS WIRE)-- #insurance--AM Best has placed under review with developing implications the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating of “a-”...

10 days ago - Business Wire

Brookfield Reinsurance reports Q1 results

10 days ago - Seeking Alpha

Brookfield Reinsurance Announces First Quarter Results and Declares Regular Quarterly Distribution

BROOKFIELD, NEWS, May 09, 2024 (GLOBE NEWSWIRE) -- Brookfield Reinsurance (NYSE, TSX: BNRE, BNRE.A) today announced financial results for the three months ended March 31, 2024.

10 days ago - GlobeNewsWire

Brookfield Reinsurance Announces Credit Rating Upgrade of American Equity Investment Life Insurance Company to A

BROOKFIELD, NEWS, May 07, 2024 (GLOBE NEWSWIRE) -- Brookfield Reinsurance (NYSE, TSX: BNRE, BNRE.A) today announced that its wholly-owned operating subsidiary American Equity Investment Life Insurance...

12 days ago - GlobeNewsWire

Brookfield Asset Management and Castlelake to Enter into Strategic Partnership

BROOKFIELD NEWS, May 06, 2024 (GLOBE NEWSWIRE) -- Brookfield Asset Management (NYSE: BAM , TSX: BAM) ("Brookfield") and Castlelake L.P. ("Castlelake"), an alternatives asset manager specializing in a...

13 days ago - Benzinga

Brookfield Reinsurance Completes Acquisition of AEL

BROOKFIELD, NEWS, May 02, 2024 (GLOBE NEWSWIRE) -- Brookfield Reinsurance (NYSE, TSX: BNRE, BNRE.A) and American Equity Investment Life Holding Company (NYSE: AEL) (“AEL”) today announced the completi...

17 days ago - GlobeNewsWire

Brookfield Reinsurance Completes Annual Filings

BROOKFIELD, NEWS, March 27, 2024 (GLOBE NEWSWIRE) -- Brookfield Reinsurance (NYSE, TSX: BNRE, BNRE.A) announced today the filing of its 2023 annual report, including audited financial statements for t...

7 weeks ago - GlobeNewsWire

Hearing Date Set for Brookfield Reinsurance Acquisition of AEL

BROOKFIELD, NEWS, March 13, 2024 (GLOBE NEWSWIRE) -- Brookfield Reinsurance (NYSE, TSX: BNRE) today announced that the Iowa Insurance Division has confirmed a hearing date of April 5, 2024 for the Bro...

2 months ago - GlobeNewsWire

Brookfield Reinsurance Announces Year End 2023 Results and Declares Quarterly Distribution Increase

BROOKFIELD, NEWS, Feb. 08, 2024 (GLOBE NEWSWIRE) -- Brookfield Reinsurance (NYSE, TSX: BNRE, BNRE.A) today announced financial results for the three months and year ended December 31, 2023.

3 months ago - GlobeNewsWire

Brookfield Reinsurance files $1.5B mixed securities shelf

Brookfield Reinsurance filed a prospectus for a $1.5B mixed shelf offering, providing details on the securities without being an offer to sell them.

4 months ago - Seeking Alpha

Brookfield Reinsurance Completes $1.1 Billion Acquisition of Argo Group

HAMILTON, Bermuda--(BUSINESS WIRE)--Brookfield Reinsurance Completes $1.1 Billion Acquisition of Argo Group.

6 months ago - Business Wire

Brookfield Reinsurance Announces Results of Exchange Offer and Intention to Take Up Brookfield Corporation Class A Shares

Approximately 32.5 million BN Shares were tendered in the Exchange Offer Approximately 32.5 million BN Shares were tendered in the Exchange Offer

6 months ago - GlobeNewsWire

Brookfield Reinsurance Announces Strong Third Quarter Results and Declares Regular Quarterly Distribution

BROOKFIELD, NEWS, Nov. 09, 2023 (GLOBE NEWSWIRE) -- Brookfield Reinsurance (NYSE, TSX: BNRE) today announced financial results for the quarter ended September 30, 2023.

6 months ago - GlobeNewsWire

Brookfield Reinsurance Announces Commencement of Exchange Offer

Offer enables holders of Brookfield Corporation Class A Shares to voluntarily exchange into shares of Brookfield Reinsurance on a one-for-one basis Offer enables holders of Brookfield Corporation Clas...

7 months ago - GlobeNewsWire

Brookfield Reinsurance Announces Exchange Offer

Offer will enable holders of Brookfield Corporation Class A Shares to voluntarily exchange into shares of Brookfield Reinsurance on a one-for-one basis Offer will enable holders of Brookfield Corporat...

9 months ago - GlobeNewsWire

Brookfield Reinsurance Announces Results for Election of Directors

BROOKFIELD NEWS, Aug. 17, 2023 (GLOBE NEWSWIRE) -- Brookfield Reinsurance (NYSE, TSX: BNRE) today announced that all five nominees proposed for election to the board of directors by holders of class A...

9 months ago - GlobeNewsWire

Brookfield Reinsurance Announces Strong Second Quarter Results and Declares Regular Quarterly Distribution

BROOKFIELD, NEWS, Aug. 10, 2023 (GLOBE NEWSWIRE) -- Brookfield Reinsurance (NYSE, TSX: BNRE) today announced financial results for the quarter ended June 30, 2023.

10 months ago - GlobeNewsWire

Brookfield Reinsurance Expands Its Portfolio by Buying AEL

Brookfield Reinsurance agreed to buy the rest of American Equity Life Holding Company that it doesn't already own for $4.3 billion.

11 months ago - Investopedia

Brookfield Reinsurance to acquire remaining shares of AEL in $4.3 billion cash-and-stock deal

Brookfield Reinsurance Ltd. BNRE, -0.63% has agreed to acquire the shares of American Equity Investment Life Holding Co. AEL, -0.69%, or AEL, it does not already own in a cash-and-stock deal valued at...

11 months ago - Market Watch

Brookfield Seeks Hard-to-Get Prize in American Equity Deal

Private-equity firms have been trying to buy the annuities seller for years.

11 months ago - WSJ

Brookfield Reinsurance Completes Filing of Recast Financial Statements; Announces date of Shareholder Meeting

BROOKFIELD, NEWS, June 28, 2023 (GLOBE NEWSWIRE) -- Brookfield Reinsurance (NYSE, TSX: BNRE) today announced that it has filed recast audited consolidated financial statements as of December 31, 2022 ...

11 months ago - GlobeNewsWire

Brookfield Reinsurance may soon own American Equity

American Equity Investment Life Holding (NYSE: AEL) ended about 15% up after Brookfield Reinsurance Ltd (TSE: BNRE) said it was willing to buy the annuity provider for $4.3 billion. Analysts' view on ...

11 months ago - Invezz

AEL's stock jump 15% after company confirms $55 a share offer from Brookfield Reinsurance

The stock of American Equity Investment Life Holding Co. AEL, +10.89% jumped 15% premarket Tuesday, after the West Des Moines, Iowa-based annuity provider confirmed it has received a $55 per share off...

11 months ago - Market Watch