Brookfield Reinsurance Ltd. logo

Brookfield Reinsurance Ltd. (BNRE)

Delisted
NYSE NYSE
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Summary

BNRE is not paying dividends to its shareholders.
The stock of the company had never split.
The company's stock is traded on 1 different exchanges and in various currencies, with the primary listing on NYSE (USD).

Brookfield Reinsurance Ltd. Profile

Insurance - Diversified Industry
Financial Services Sector
Gregory N. McConnie CEO
NYSE Exchange
BMG161691073 ISIN
BM Country
4,000 Employees
28 Jun 2024 Last Dividend
- Last Split
28 Jun 2021 IPO Date

Overview

Brookfield Reinsurance Ltd. is a prominent player in the insurance and reinsurance industry, offering a wide array of services to both individuals and institutions. The company has a global footprint, with operations in the United States, Canada, and other international markets. Initially known as Brookfield Asset Management Reinsurance Partners Ltd., it underwent a name change to Brookfield Reinsurance Ltd. in December 2022, signaling a strategic repositioning within the financial services sector. Incorporated in 2020 and headquartered in Pembroke, Bermuda, Brookfield Reinsurance operates across three main segments: Direct Insurance, Reinsurance, and Pension Risk Transfer (PRT), addressing a vast spectrum of risk management needs.

Products and Services

The company's offerings are broadly categorized into three segments, each addressing specific market needs:

  • Direct Insurance: This segment covers a comprehensive suite of insurance products and services, including:
    • Life Insurance Products: Whole, Universal, Variable Universal, and Credit Life insurance.
    • Annuities: Offering deferred, single premium immediate, and variable annuities.
    • Casualty Products: Specializes in primary and excess casualty, encompassing specialty casualty, construction defect, general liability, commercial multi-peril, workers compensation, product liability, environmental liability, and auto liability.
    • Professional Liability: Provides management, transaction, and errors and omissions liability insurances.
    • Property Insurance: Includes coverage for homeowners and renters, inland marine, and auto physical damages.
    • Other Insurance Products: Surety, animal mortality, ocean marine insurance, health insurance, credit insurance, and pension products.
  • Reinsurance: Focuses on the reinsurance of annuity-based products like fixed, fixed index, and payout annuities, allowing insurance providers to better manage their risk portfolios and capital efficiency.
  • Pension Risk Transfer (PRT): Offers solutions to corporate sponsors looking to transfer the risks associated with pension plan sponsorship and administration. This segment enables employers to effectively manage and mitigate pension-related risks.

Contact Information

Address: Ideation House First Floor 94 Pitts Bay Road
Phone: 441 405 7811