Brookfield Reinsurance Ltd.

Financial Services US BNRE

NoneUSD
-(-%)

Last update at 2024-12-05T19:00:25.140876Z

Day Range

--
LowHigh

52 Week Range

28.1240.22
LowHigh

Fundamentals

  • Previous Close 57.70
  • Market Cap4453.51M
  • VolumeNone
  • P/E Ratio7.83
  • Dividend Yield0.70%
  • EBITDA1041.00M
  • Revenue TTM7073.00M
  • Revenue Per Share TTM62.85
  • Gross Profit TTM 1314.00M
  • Diluted EPS TTM5.10

Source: TradingView
The charts and visual representations are sourced from TradingView through embedded widgets. For any issues with chart display, please visit the TradingView website

Financials

Income Statement

Balance Sheet

Change in Cash

Total Operating Cash

Dividends Paid

Breakdown 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Type yearly yearly yearly yearly yearly
Date 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Income before tax 560.00M -42.00000M 2.15M 6.00M -0.50700M
Minority interest -2.00000M - - - -
Net income 499.00M -44.00000M 1.61M 6.00M -0.50700M
Selling general administrative 333.00M 31.00M 5.98M 6.00M 4.19M
Selling and marketing expenses - - - - -
Gross profit 4309.00M 7285.00M 514.24M 382.00M 160.89M
Reconciled depreciation 13.00M - 0.45M 0.22M 0.23M
Ebit 741.00M 22.00M 2.15M 6.00M -0.39600M
Ebitda 754.00M -42.00000M 2.60M 6.22M -0.16700M
Depreciation and amortization 13.00M - 0.45M 0.22M 0.23M
Non operating income net other - - - - -
Operating income 741.00M -42.00000M 2.15M 6.00M -0.39600M
Other operating expenses 4541.00M 7327.00M 512.09M 376.00M 161.39M
Interest expense 196.00M 9.00M 0.09M 0.00000M 0.11M
Tax provision 68.00M 2.00M 0.54M 0.00000M 0.00000M
Interest income 715.00M 69.00M 29.61M 20.00M 10.32M
Net interest income -196.00000M -9.00000M -0.09300M 0.00000M -0.11100M
Extraordinary items - - - - -
Non recurring - - - - -
Other items - - - - -
Income tax expense 68.00M 2.00M 0.54M - -
Total revenue 4309.00M 7285.00M 514.24M 382.00M 160.89M
Total operating expenses -4360.00000M -7327.00000M -512.08800M -376.00000M -161.28300M
Cost of revenue - - - - -
Total other income expense net -181.00000M -9.00000M -0.09300M - -0.11100M
Discontinued operations - - - - -
Net income from continuing ops 492.00M -44.00000M 1.61M 6.00M -0.50700M
Net income applicable to common shares 492.00M -44.00000M 1.00M 6.00M -
Preferred stock and other adjustments - - - - -
Breakdown 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Type yearly yearly yearly yearly yearly
Date 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Total assets 43499.00M 11493.00M 1440.26M 926.71M -
Intangible assets 52.00M 3.00M - - -
Earning assets - - - - -
Other current assets 6521.00M 4852.00M 199.00M 209.10M -
Total liab 39530.00M 10058.00M 1357.09M 861.25M -
Total stockholder equity 3961.00M 1435.00M 83.16M 65.46M -
Deferred long term liab - - - - -
Other current liab -151.00000M -389.00000M -0.50400M -1.25800M -
Common stock 1449.00M 1435.00M 77.98M 64.61M -
Capital stock 3961.00M 1435.00M 77.98M 64.61M -
Retained earnings 442.00M -48.00000M 1.65M 0.04M -
Other liab 31526.00M 8265.00M 1318.00M 839.24M -
Good will 102.00M - - - -
Other assets 10798.00M 5770.00M 207.37M 206.46M -
Cash 2145.00M 393.00M 35.46M 13.36M -
Cash and equivalents - - - - -
Total current liabilities 947.00M 389.00M 0.50M 1.26M -
Current deferred revenue 78.00M 82.00M - - -
Net debt 1658.00M 300.00M -34.21500M -13.16300M -
Short term debt 151.00M - - - -
Short long term debt - - - - -
Short long term debt total 3803.00M 693.00M 1.25M 0.20M -
Other stockholder equity - -16.00000M 4.00M 0.81M -
Property plant equipment 194.00M 2.00M 2.00M 0.28M -
Total current assets 2582.00M 431.00M 38.75M 18.89M -
Long term investments 29771.00M 5287.00M 1192.34M 701.05M -
Net tangible assets 1449.00M 1432.00M 83.00M 65.42M -
Short term investments 1.00M 146.00M 7.33M 2.83M -
Net receivables 436.00M 38.00M 3.29M 5.53M -
Long term debt 3803.00M 693.00M - - -
Inventory - - - - -
Accounts payable 869.00M 307.00M 0.50M 1.26M -
Total permanent equity - - - - -
Noncontrolling interest in consolidated entity - - - - -
Temporary equity redeemable noncontrolling interests - - - - -
Accumulated other comprehensive income - - 3.54M 0.81M -
Additional paid in capital - - - - -
Common stock total equity - - - - -
Preferred stock total equity - - - - -
Retained earnings total equity - - - - -
Treasury stock - - - - -
Accumulated amortization - - - - -
Non currrent assets other -531.00000M -5292.00000M -1194.13600M -701.36400M -
Deferred long term asset charges - - - - -
Non current assets total 30119.00M 5292.00M 1194.14M 701.36M -
Capital lease obligations - - 1.25M 0.20M -
Long term debt total - - - - -
Breakdown 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Type yearly yearly yearly yearly yearly
Date 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Investments -4341.00000M -3864.00000M -412.47300M -268.00000M -198.89100M
Change to liabilities -6.00000M 58.00M 0.00000M 0.00000M -
Total cashflows from investing activities - -3864.00000M -385.00000M -268.00000M -
Net borrowings 2542.00M 1238.00M 1238.00M -40.00000M -
Total cash from financing activities 5994.00M 2640.00M 13.10M -35.00000M 46.46M
Change to operating activities - 1866.00M 478.00M 339.00M -
Net income 492.00M -44.00000M 1.61M 6.00M -0.50700M
Change in cash 1752.00M 358.00M 22.10M 5.00M -1.46800M
Begin period cash flow 393.00M 35.00M 13.36M 8.00M 9.21M
End period cash flow 2145.00M 393.00M 35.46M 13.00M 7.75M
Total cash from operating activities 107.00M 1581.00M 426.59M 309.00M 149.55M
Issuance of capital stock 450.00M 1410.00M 13.36M 5.00M 5.99M
Depreciation 13.00M - 0.45M 0.22M 0.23M
Other cashflows from investing activities - 53.00M 27.00M 27.00M -
Dividends paid 6.00M - - - -
Change to inventory 912.00M 1748.00M - - -
Change to account receivables -962.00000M -9.00000M - 0.00000M -
Sale purchase of stock -6.00000M - - - -
Other cashflows from financing activities 8528.00M 1812.00M -412.47300M -40.00000M 67.86M
Change to netincome - -299.00000M -80.00000M -36.00000M -
Capital expenditures 24.00M 1.00M 1.00M 0.04M 0.00200M
Change receivables - - - - -
Cash flows other operating - - - - -
Exchange rate changes - - - - -
Cash and cash equivalents changes - - - - -
Change in working capital 1092.00M 1924.00M 479.06M 339.00M 140.53M
Stock based compensation - - -51.70000M - -
Other non cash items -1555.00000M -301.00000M -3.36100M -36.21700M 9.30M
Free cash flow 83.00M 1580.00M 425.59M 308.96M 149.55M

Peer Comparison

Sector: Financial Services Industry: Insurance - Reinsurance

Company Change (USD) Price (USD) Trailing PE (x) Forward PE (x) Price Sales TTM (x) Price to Book Value (x) Enterprise Value to Revenue (x)
BNRE
Brookfield Reinsurance Ltd.
- -% - 7.83 - 0.62 1.08 0.94
MURGY
Muenchener Rueckver Ges
-0.11 0.86% 12.62 18.65 10.86 0.82 1.89 0.80
MURGF
Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München
-2.4 0.38% 637.60 18.48 10.80 0.81 1.88 0.80
SSREY
Swiss Re Ltd
-0.48 1.07% 44.38 19.20 9.00 0.66 2.53 0.82
SSREF
Swiss Re AG
- -% 178.25 19.13 9.03 0.66 2.54 0.82

Reports Covered

Stock Research & News

Profile

Brookfield Reinsurance Ltd., through its subsidiaries, provides annuity-based reinsurance products to insurance and reinsurance companies in the United States, Canada, and internationally. The company operates in three segments: Direct Insurance, Reinsurance, and Pension Risk Transfer (PRT). The Direct Insurance segment offers a range of insurance products and services including life insurance, annuities, property and casualty insurance, health insurance, credit insurance, and pension products. The Reinsurance segment provides reinsurance of annuity-based products, such as fixed annuities, fixed index annuities, and payout annuities. The PRT segment provides transfer by a corporate sponsor of the risks associated with the sponsorship and administration of a pension plan. The company was formerly known as Brookfield Asset Management Reinsurance Partners Ltd. and changed its name to Brookfield Reinsurance Ltd. in December 2022. Brookfield Reinsurance Ltd. was founded in 1905 and is headquartered in Pembroke, Bermuda.

Brookfield Reinsurance Ltd.

Wellesley House South, Pembroke, Bermuda, HM08

Key Executives

Name Title Year Born
Mr. Sachin G. Shah C.P.A., CPA Chairman, CEO & Head of Insurance Solutions Bus. 1977
Mr. Thomas Corbett Chief Financial Officer 1980
Mr. Paul Forestell Chief Operating Officer 1970
Ms. Mabel Wong Chief Financial Officer (Leave of Absence) 1983
Mr. Gregory N. McConnie Chief Exec. Officer of NER SPC & NER Ltd 1972
Mr. Lorenzo Lorilla Chief Investment Officer NA
Mr. Michael T. McRaith Vice Chair of Insurance Solutions business NA
Anna Knapman-Scott Corp. Sec. NA

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