Brookfield Reinsurance (NYSE:BNRE) Trading at $37.96

Brookfield Reinsurance Ltd. (NYSE:BNRE)’s share price traded up 0% on Tuesday. The stock traded as high as $38.33 and last traded at $37.96. Approximately 11,098 shares changed hands during mid-day trading, an increase of 74% from the average session volume of 6,394 shares. The stock had previously closed at $37.95.

Brookfield Reinsurance Stock Performance

The business has a fifty day simple moving average of $38.37 and a 200 day simple moving average of $43.02. The stock has a market cap of $5.59 billion, a price-to-earnings ratio of 132.52 and a beta of 1.53.

Brookfield Reinsurance Company Profile

Brookfield Reinsurance Ltd. (NYSE: BNRE) is a global reinsurance and insurance company affiliated with Brookfield Corporation. The company provides capital-based insurance solutions to individuals, businesses, financial institutions and other insurers, with a focus on long-duration liabilities and retirement-related products.

Its activities include life insurance, annuities, pension risk-transfer solutions and property and casualty reinsurance. Brookfield Reinsurance also works with corporate pension plans and insurance companies seeking to transfer, manage or restructure insurance and retirement obligations.

The company was established as part of Brookfield’s expansion into the insurance sector and serves customers and institutional clients primarily in North America, along with selected international markets.