Brookfield Asset Management Reinsurance Partners (NYSE:BAMR) Shares Down 0.6% – Here’s Why

Brookfield Asset Management Reinsurance Partners Ltd. (NYSE:BAMR)’s share price fell 0.6% during trading on Friday . The stock traded as low as $43.93 and last traded at $44.31. Approximately 17,449 shares were traded during trading, a decline of 17% from the average session volume of 20,993 shares. The stock had previously closed at $44.59.

Brookfield Asset Management Reinsurance Partners Price Performance

The company has a debt-to-equity ratio of 0.23, a current ratio of 0.28 and a quick ratio of 0.28. The firm has a fifty day moving average of $44.58 and a two-hundred day moving average of $44.82. The stock has a market capitalization of $482.00 million, a P/E ratio of 7.96 and a beta of 1.43.

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.