Brookfield Asset Management Reinsurance Partners (NYSE:BAMR) Shares Up 0.7% – Here’s What Happened

Brookfield Asset Management Reinsurance Partners Ltd. (NYSE:BAMR) shares rose 0.7% on Wednesday . The stock traded as high as $48.27 and last traded at $47.91. Approximately 27,789 shares changed hands during mid-day trading, an increase of 32% from the average daily volume of 20,993 shares. The stock had previously closed at $47.60.

Brookfield Asset Management Reinsurance Partners Trading Up 0.7%

The company has a debt-to-equity ratio of 0.23, a quick ratio of 0.28 and a current ratio of 0.28. The stock has a market capitalization of $521.16 million, a PE ratio of 8.60 and a beta of 1.43. The company has a 50 day moving average of $46.55 and a two-hundred day moving average of $53.49.

About Brookfield Asset Management Reinsurance Partners

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.