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BROOKFIELD REINSURANCE LTD

Company price
None CAD 0.00(0%)
Last update at 2024-12-05T20:00:24.596552Z
Market Cap
9304.82M
P/E
4.93

Momentum Score

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Brookfield Reinsurance Ltd., through its subsidiaries, provides insurance and reinsurance services to individuals and institutions 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 Whole, Universal, Variable Universal, and Credit Life insurance products; deferred, single premium immediate, and variable annuities; primary and excess casualty products, such as specialty casualty, construction defect, general liability, commercial multi-peril, workers compensation, product liability, environmental liability, and auto liability; professional liability including management, transaction, and errors and omissions liability; property insurance for homeowners and renters, inland marine, and auto physical damages; surety, animal mortality, and ocean marine insurance; and health insurance, credit insurance, and pension products. The Reinsurance segment provides reinsurance of annuity-based products, such as fixed, fixed index, 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 incorporated in 2020 and is headquartered in Pembroke, Bermuda.

Source: TradingView
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52 Week Price Range
45.68
Low
80.03
High

Momentum Score

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A unique technical analysis driven score developed by Kalkine showing momentum in stock prices based on select technical indicators identified.

Score - Rating
>= 1 - Low / > 1 but < 2 - Below Average / > 2 but < 3 - Average / > 3 but < 4 - Above Average / > 4 - High

Key Metrics*

Previous Close
79.73
Dividend Yield
0.71%
Revenue TTM
9258.00M
Revenue Per Share
53.81
Gross Profit TTM
1314.00M
Debt / Equity
0.43
ROE
13.93%
Net Debt
-565.00M
ROCE
-
Diluted EPS TTM
12.98

Key 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 -42.00M 2.15M 5.68M -0.51M
Net income 490.00M -44.00M 1.61M 5.53M -0.51M
Selling general administrative 626.00M 10.00M 2.85M 2.63M 2.33M
Operating income 534.00M -41.00M 2.24M 5.85M -0.40M
Tax provision 68.00M 2.00M 0.54M 0.16M 0.00M
Interest income 26.00M 1.00M 0.09M 0.17M 0.11M
Total revenue 5101.00M 7285.00M 514.24M 382.61M 160.89M
Net income applicable to common shares 484.00M -52.00M 1.61M 5.53M -0.51M
Breakdown 2023-12-31 2022-12-31 2021-12-31 2020-12-31 2019-12-31
Type yearly yearly yearly yearly yearly
Date 2023-12-31 2022-12-31 2021-12-31 2020-12-31 2019-12-31
Total assets 61643.00M 43499.00M 11493.00M 1440.26M 926.71M
Intangible assets 235.00M - 3.00M - -
Total liab 3743.00M 42050.00M 10058.00M 1357.09M 861.25M
Total stockholder equity 8703.00M 1449.00M 1435.00M 83.16M 65.46M
Common stock 5184.00M 1449.00M 1435.00M 77.98M 64.61M
Retained earnings 945.00M - - 1.65M 0.04M
Good will 121.00M 102.00M - - -
Other assets 15735.00M 531.00M 20.00M 0.04M 0.00M
Cash 4308.00M 506.00M 320.00M 16.50M 7.77M
Cash and equivalents - 1639.00M 73.00M 18.96M 5.59M
Net debt -565.00M - - - -
Short term debt - 0.00M 0.00M 0.00M 0.00M
Short long term debt total 3743.00M - - - -
Other stockholder equity - - - 3.54M 0.81M
Property plant equipment - 194.00M 2.00M 1.80M 0.32M
Total current assets 5420.00M - - - -
Net receivables 1112.00M - - - -
Long term debt - 3803.00M 693.00M 0.00M -
Accumulated other comprehensive income -120.00M - - - -
Non currrent assets other -40488.00M - - - -
Non current assets total 40488.00M - - - -
Long term debt total - 3803.00M 693.00M 0.93M 0.05M
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 cashflows from investing activities -4341.00M -3864.00M -412.47M -267.74M -198.89M
Total cash from financing activities 5994.00M 2640.00M 13.10M -34.69M 46.46M
Net income 492.00M -44.00M 1.61M 5.53M -0.51M
Change in cash 1752.00M 358.00M 22.10M 5.62M -1.47M
Total cash from operating activities 107.00M 1581.00M 426.59M 308.49M 149.55M
Depreciation 13.00M - 0.45M 0.22M 0.23M
Other cashflows from investing activities -4317.00M -3863.00M -411.86M -267.71M -198.89M
Sale purchase of stock 2962.00M 1410.00M 13.36M 4.72M 5.99M
Other cashflows from financing activities -21.00M -8.00M - - -
Capital expenditures 24.00M 1.00M 0.62M 0.04M 0.00M
Change in working capital 320.00M 1869.00M 475.31M 329.21M 143.04M

Peer Comparison*

Sector: Financial Services Industry: Insurance - Diversified

Stock Name
Change
(CAD)
Price
(CAD)
Trailing
PE (x)
Forward
PE (x)
Price Sales
TTM (x)
Price to Book Value (x)
Enterprise Value
to Revenue (x)
BRK
Berkshire Hathaway CDR (CAD Hedged)
1.54
3.83%
41.75 14.59 0.01 3.72 1.36 2.67
SLF
Sun Life Financial Inc.
2.10
1.86%
114.84 15.62 12.27 1.53 2.22 1.74
SLF-PH
Sun Lif Non Cum Rst Cl A 10R Prf
0.20
0.82%
24.70 2.94 - 1.46 - -
SLF-PJ
Sun Life Financial Inc
-0.19
0.94%
20.01 2.47 - 1.42 - -

Profile*

BROOKFIELD REINSURANCE LTD

Brookfield Reinsurance Ltd., through its subsidiaries, provides insurance and reinsurance services to individuals and institutions 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 Whole, Universal, Variable Universal, and Credit Life insurance products; deferred, single premium immediate, and variable annuities; primary and excess casualty products, such as specialty casualty, construction defect, general liability, commercial multi-peril, workers compensation, product liability, environmental liability, and auto liability; professional liability including management, transaction, and errors and omissions liability; property insurance for homeowners and renters, inland marine, and auto physical damages; surety, animal mortality, and ocean marine insurance; and health insurance, credit insurance, and pension products. The Reinsurance segment provides reinsurance of annuity-based products, such as fixed, fixed index, 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 incorporated in 2020 and is headquartered in Pembroke, Bermuda.

Ideation House, Pembroke, Bermuda, HM08

441 405 7811

Name Title Year Born
Mr. Sachin G. Shah CPA CEO, Head of Insurance Solutions Business & Director 1977
Mr. Thomas Corbett Chief Financial Officer 1980
Mr. Paul Forestell Chief Operating Officer 1969
Mr. Lorenzo Lorilla Chief Investment Officer 1982
Mr. Gregory N. McConnie Chief Executive Officer of NER SPC & NER Ltd 1972
Mr. Michael T. McRaith Vice Chair of Insurance Solutions business NA
Mr. Christopher Caldwell Donahue Senior Vice President 1987
Ms. Susan Beth Comparato Managing Director of Portfolio Management 1969
Anna Knapman-Scott Corporate Secretary NA

Disclaimer - (*)This information, including any data, is sourced from Unicorn Data Services SAS, trading as EOD Historical Data (“EODHD”) on an ‘as is’ basis, using their API. We cannot guarantee the completeness or validity of the information and data provided on this page, as well as via the API. In some cases, the data may include analyst ratings or recommendations sourced through the EODHD API, which are intended solely for general information purposes.
This information does not consider your personal objectives, financial situation, or needs. Kalkine is not liable for any errors or omissions in the information provided or for any actions taken in reliance on it. You should seek advice from a financial adviser, stockbroker or other professional adviser (including taxation and legal advice) as necessary before acting on this information.

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