Brookfield Asset Management Reinsurance Partners (NYSE:BAMR) Trading Down 1% – What’s Next?

Brookfield Asset Management Reinsurance Partners Ltd. (NYSE:BAMR) traded down 1% during mid-day trading on Friday . The company traded as low as $44.63 and last traded at $44.67. 10,396 shares were traded during mid-day trading, a decline of 50% from the average session volume of 20,993 shares. The stock had previously closed at $45.12.

Brookfield Asset Management Reinsurance Partners Price Performance

The firm’s fifty day simple moving average is $43.86 and its 200 day simple moving average is $44.43. The firm has a market cap of $484.72 million, a P/E ratio of 8.00 and a beta of 1.43. The company has a debt-to-equity ratio of 0.23, a quick ratio of 0.28 and a current ratio of 0.28.

About Brookfield Asset Management Reinsurance Partners

Brookfield Asset Management Reinsurance Partners L.P. (NYSE: BAMR) is a publicly traded reinsurance investment vehicle externally managed by Brookfield Asset Management Ltd. Launched in November 2021, the company was formed as a permanent capital platform to provide long-term capital solutions to insurance and reinsurance counterparties. Through its structure as a limited partnership, BAMR offers investors access to reinsurance strategies alongside an experienced underwriting team backed by Brookfield’s global balance sheet.

The firm’s primary activities include investing in retrocession reinsurance, portfolio reinsurance transactions, insurance-linked securities and structured reinsurance solutions tailored to corporate run-off portfolios.