Brookfield Asset Management Reinsurance Partners (NYSE:BAMR) Trading 0.1% Higher – Here’s Why

Brookfield Asset Management Reinsurance Partners Ltd. (NYSE:BAMR) rose 0.1% during mid-day trading on Friday . The stock traded as high as $43.6650 and last traded at $42.97. 28,781 shares traded hands during mid-day trading, an increase of 37% from the average session volume of 20,993 shares. The stock had previously closed at $42.92.

Brookfield Asset Management Reinsurance Partners Stock Performance

The company’s fifty day simple moving average is $45.32 and its 200 day simple moving average is $45.09. The stock has a market capitalization of $465.36 million, a P/E ratio of 7.68 and a beta of 1.43. The company has a current ratio of 0.28, a quick 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.