Brookfield Reinsurance Ltd. (BNRE)

NYSE: BNRE · IEX Real-Time Price · USD
40.50
-0.31 (-0.76%)
Feb 27, 2024, 10:45 AM EST - Market open
-0.76%
Market Cap 4.65B
Revenue (ttm) 6.25B
Net Income (ttm) 475.00M
Shares Out 112.84M
EPS (ttm) 9.25
PE Ratio 4.41
Forward PE n/a
Dividend $0.36 (0.89%)
Ex-Dividend Date Mar 12, 2024
Volume 1,013
Open 40.80
Previous Close 40.81
Day's Range 40.50 - 40.80
52-Week Range 28.30 - 41.54
Beta 1.81
Analysts n/a
Price Target n/a
Earnings Date Feb 8, 2024

About BNRE

Brookfield Reinsurance Ltd., through its subsidiaries, provides annuity-based reinsurance products to insurance and reinsurance companies 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 life insurance, annuities, property and casualty insurance, health insurance, credit insurance, and pension products. The Reinsurance segment provides reinsurance of an... [Read more]

Sector Financials
Founded 2020
Employees 3,500
Stock Exchange NYSE
Ticker Symbol BNRE
Full Company Profile

Financial Performance

Financial Statements

News

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.

19 days ago - GlobeNewsWire

Brookfield Reinsurance Completes $1.1 Billion Acquisition of Argo Group

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

3 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

3 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.

3 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...

4 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...

6 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...

6 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.

7 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.

8 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...

8 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.

8 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 ...

8 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 ...

Other symbols: AEL
8 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...

Other symbols: AEL
8 months ago - Market Watch

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...

8 months ago - GlobeNewsWire

Brookfield Reinsurance Announces First Quarter Results and Declares Regular Quarterly Distribution

BROOKFIELD, NEWS, May 11, 2023 (GLOBE NEWSWIRE) -- Brookfield Reinsurance (NYSE, TSX: BNRE) today announced financial results for the quarter ended March 31, 2023.

10 months ago - GlobeNewsWire

Brookfield Reinsurance Completes Annual Filings

BROOKFIELD, NEWS, March 31, 2023 (GLOBE NEWSWIRE) -- Brookfield Reinsurance (NYSE, TSX: BNRE) announced today the filing of its 2022 annual report, including audited financial statements for the year ...

11 months ago - GlobeNewsWire

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...

1 year ago - Business Wire

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...

1 year ago - Business Wire

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.

1 year ago - GlobeNewsWire

SHAREHOLDER ALERT: Weiss Law Investigates Argo Group International Holdings, Ltd.

NEW YORK , Feb. 8, 2023 /PRNewswire/ -- Weiss Law is investigating possible breaches of fiduciary duty and other violations of law by the board of directors of Argo Group International Holdings, Ltd. ...

1 year ago - PRNewsWire

Brookfield Reinsurance to Acquire Argo in $1.1 Billion Transaction

Argo Shareholders to Receive $30.00 per Share in Cash Argo Shareholders to Receive $30.00 per Share in Cash

1 year ago - GlobeNewsWire

Brookfield Reinsurance successfully completes Special Distribution

BROOKFIELD, NEWS, Dec. 09, 2022 (GLOBE NEWSWIRE) -- Brookfield Reinsurance (NYSE, TSX: BAMR) (“Brookfield Reinsurance” or the “Company”) today announced that it has completed the previously announced ...

1 year ago - GlobeNewsWire

Brookfield Reinsurance Announces Record Date for the Special Distribution

BROOKFIELD, NEWS, Nov. 22, 2022 (GLOBE NEWSWIRE) -- Brookfield Reinsurance (NYSE, TSX: BAMR) (“Brookfield Reinsurance” or the “Company”) today announced that it has set a distribution record date of D...

1 year ago - GlobeNewsWire

Brookfield Reinsurance Reports Strong Third Quarter Results, Announces Results of the Special General Meeting of Shareholders and Declares Regular Quarterly Dividend

BROOKFIELD, NEWS, Nov. 10, 2022 (GLOBE NEWSWIRE) -- Brookfield Reinsurance (NYSE, TSX: BAMR) today announced financial results for the quarter ended September 30, 2022.

1 year ago - GlobeNewsWire