Brookfield Reinsurance Ltd. (BNRE)
Market Cap | 6.09B |
Revenue (ttm) | 8.40B |
Net Income (ttm) | 1.22B |
Shares Out | 145.47M |
EPS (ttm) | 17.29 |
PE Ratio | 2.40 |
Forward PE | n/a |
Dividend | $0.30 (0.72%) |
Ex-Dividend Date | Jun 13, 2024 |
Volume | 1,257 |
Open | 41.64 |
Previous Close | 41.75 |
Day's Range | 41.44 - 41.83 |
52-Week Range | 29.00 - 45.11 |
Beta | 1.76 |
Analysts | n/a |
Price Target | n/a |
Earnings Date | Aug 8, 2024 |
About BNRE
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]
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 StatementsNews
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Brookfield Reinsurance Announces Details of Upcoming Shareholders Meeting
BROOKFIELD, NEWS, June 27, 2024 (GLOBE NEWSWIRE) -- Brookfield Reinsurance (NYSE, TSX: BNRE, BNRE.A) today announced that its upcoming annual general and special meeting of shareholders will be held o...
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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-”...
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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.
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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...
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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...
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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...
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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...
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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.
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Brookfield Reinsurance Completes $1.1 Billion Acquisition of Argo Group
HAMILTON, Bermuda--(BUSINESS WIRE)--Brookfield Reinsurance Completes $1.1 Billion Acquisition of Argo Group.
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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
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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.
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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...
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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...
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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...
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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.
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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.
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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...
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Brookfield Seeks Hard-to-Get Prize in American Equity Deal
Private-equity firms have been trying to buy the annuities seller for years.
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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 ...
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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 ...
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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...
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Brookfield Reinsurance Submits Proposal to Acquire AEL for $4.3 Billion
BROOKFIELD, NEWS, June 27, 2023 (GLOBE NEWSWIRE) -- Brookfield today announced that following close of markets on June 26, 2023, Brookfield Reinsurance (NYSE, TSX: BNRE) delivered a letter to the boar...
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ARGO GROUP INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Argo Group International Holdings, Ltd. - ARGO
NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of Argo Group Inter...
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ARGO GROUP INVESTOR ALERT by The Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Argo Group International Holdings, Ltd. - ARGO
NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of Argo Group Inter...
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Brookfield Reinsurance Announces 2022 Results and Declares Regular Quarterly Dividend
BROOKFIELD, NEWS, Feb. 09, 2023 (GLOBE NEWSWIRE) -- Brookfield Reinsurance (NYSE, TSX: BNRE) today announced financial results for the year ended December 31, 2022.