Brookfield Asset Management Reinsurance Partners (NYSE:BAMR) Trading 0.5% Higher – Here’s What Happened

Shares of Brookfield Asset Management Reinsurance Partners Ltd. (NYSE:BAMR) were up 0.5% on Friday . The company traded as high as $37.99 and last traded at $37.20. 15,191 shares traded hands during trading, a decline of 28% from the average daily volume of 20,993 shares. The stock had previously closed at $37.02.

Brookfield Asset Management Reinsurance Partners Trading Up 0.5%

The firm has a market cap of $404.66 million, a P/E ratio of 6.68 and a beta of 1.43. The company has a quick ratio of 0.28, a current ratio of 0.28 and a debt-to-equity ratio of 0.23. The business’s 50 day moving average is $42.04 and its 200-day moving average is $43.29.

Brookfield Asset Management Reinsurance Partners Company Profile

Brookfield Asset Management Reinsurance Partners Ltd. was a Bermuda-based reinsurance company established by Brookfield Asset Management. The company focused on providing insurance and reinsurance solutions designed to help individuals, businesses, pension plans and other institutions manage long-term liabilities and longevity risk.

Its principal activities included annuity reinsurance, pension-risk transfer transactions and other life and retirement-related reinsurance solutions. Through its operating subsidiaries, the company worked with insurance companies and institutional clients in markets including North America and the United Kingdom, with an emphasis on long-duration assets and liabilities.

Brookfield Asset Management Reinsurance Partners was led by Sachin Shah, who also held senior leadership responsibilities within Brookfield’s reinsurance operations.