Brookfield Asset Management Reinsurance Partners (NYSE:BAMR) Shares Down 0.6% – Here’s What Happened

Brookfield Asset Management Reinsurance Partners Ltd. (NYSE:BAMR) shares dropped 0.6% during mid-day trading on Friday . The stock traded as low as $43.93 and last traded at $44.31. 17,449 shares changed hands during mid-day trading, a decline of 17% from the average daily volume of 20,993 shares. The stock had previously closed at $44.59.

Brookfield Asset Management Reinsurance Partners Trading Down 0.6%

The firm has a market capitalization of $482.00 million, a PE ratio of 7.96 and a beta of 1.43. The company’s 50-day simple moving average is $44.58 and its 200 day simple moving average is $44.82. The company has a quick ratio of 0.28, a current ratio of 0.28 and a debt-to-equity ratio of 0.23.

Brookfield Asset Management Reinsurance Partners Company Profile

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.