Brookfield Asset Management Reinsurance Partners (NYSE:BAMR) Shares Up 2.7% – Here’s Why

Brookfield Asset Management Reinsurance Partners Ltd. (NYSE:BAMR) rose 2.7% on Friday . The stock traded as high as $45.06 and last traded at $44.95. Approximately 26,805 shares were traded during trading, an increase of 28% from the average daily volume of 20,993 shares. The stock had previously closed at $43.75.

Brookfield Asset Management Reinsurance Partners Stock Performance

The stock has a market cap of $488.97 million, a P/E ratio of 8.07 and a beta of 1.43. The business has a 50 day moving average price of $44.60 and a 200 day moving average price of $45.17. 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.