Brookfield Reinsurance Ltd. (NYSE:BNRE – Get Free Report) shares fell 1.3% during mid-day trading on Friday . The stock traded as low as $45.95 and last traded at $45.95. 11,761 shares traded hands during trading, an increase of 84% from the average session volume of 6,394 shares. The stock had previously closed at $46.57.
Brookfield Reinsurance Stock Up 1.6%
The stock has a market cap of $6.79 billion, a P/E ratio of 160.97 and a beta of 1.53. The firm’s 50 day simple moving average is $45.90 and its two-hundred day simple moving average is $57.36.
About Brookfield Reinsurance
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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