Brookfield Reinsurance Ltd.

Brookfield Reinsurance Ltd.

BNRE-A
Brookfield Reinsurance Ltd.US flagNew York Stock Exchange
50.01
USD
+0.68
- -
6.86BMarket Cap
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
TTM
Revenue per Share
5.78
13.73
18.47
29.99
139.36
109.32
73.04
Basic EPS, GAAP
-0.02
0.22
0.04
-3.25
13.94
10.59
8.43
Free Cash Flow per Basic Share
5.37
11.1
14.28
48.97
20.05
21.37
4.8
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
- -
2.32
0.06
41.66
71.15
95.44
64.29
Tangible Book Value per Share
- -
2.35
2.98
41.57
48.9
90.3
70.97
Basic Weighted Avg Shares
28
28
28
34
31
64
127
Sales/Revenue/Turnover
161
382
514
1,033
4,309
7,020
9,278
Operating Margin (%)
- -
- -
- -
- -
- -
- -
- -
Depreciation Expense
- -
- -
- -
- -
13
50
33
Net Income, GAAP
-1
6
1
-112
499
796
1,130
Effective Tax Rate (%)
- -
- -
50
- -
5.83
2.09
12.14
Profit Margin (%)
-0.32
1.57
0.19
-10.84
11.58
11.34
12.18
Working Capital
- -
- -
- -
- -
- -
- -
- -
LT Debt
- -
- -
1
693
3,803
3,743
5,118
Total Equity
- -
65
83
1,435
4,265
8,849
11,766
Return on Invested Capital (%)
- -
- -
- -
- -
- -
- -
- -
Return on Capital (%)
- -
18.5
2.95
- -
17.37
19.84
33.89
Return on Common Equity (%)
- -
18.56
3.02
-15.59
23.71
16.33
21.27

Capital Structure

FRC

in mil. unless spec.
Dec'23
Mar'24
Jun'24
ST Debt
- -
- -
- -
LT Borrowings
3,743
3,730
5,118
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
2,694
2,722
2,751
Shares Outstanding
145
145
145
Market Capitalization
3,195
4,297
5,311

Working Capital

FRC

in mil. unless spec.
Dec'23
Mar'24
Jun'24
Total Current Assets
- -
- -
- -
Cash, Cash Equivalents & STI
4,308
2,830
14,335
Accounts Receivable, Net
1,112
4,198
11,000
Inventories
- -
- -
- -
Total Current Liabilities
- -
- -
- -
Payables & Accruals
564
555
734
ST Debt
- -
- -
- -
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
- -
107.48%
Free Cash Flow
- -
103.56%
121.29%
Net Income, GAAP
- -
-2,630.56%
59.52%
Sales/Revenue/Turnover
- -
130.6%
62.91%
Total Cash Common Dividend
- -
- -
70.59%

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2022
278
1,280
1,348
1,557
4,309
2023
1,203
2,040
1,450
2,327
7,020
2024
2,586
2,915
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2022
4.53
0.59
3.07
2.77
13.94
2023
-1.89
7.01
0.67
2.91
10.59
2024
2.3
1.81
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2022
- -
- -
- -
- -
- -
2023
- -
- -
- -
- -
- -
2024
- -
- -
- -
- -
- -

Company Description

APIChat
CEO
Sachin G. Shah CPA
Sector
Financial Services
Industry
Insurance - Reinsurance
Address
Ideation House Pembroke Bermuda HM08
IPO Date
Nov 20, 2023
Business
Brookfield Wealth Solutions Ltd. Brookfield Wealth Solutions Ltd. (formerly Brookfield Reinsurance Ltd.) operates as a diversified financial services company providing retirement services, wealth protection products, and capital solutions to individuals and institutions worldwide. Through its subsidiaries, the company offers core products and services across three segments: Annuities, including retail and institutional annuities such as fixed, fixed index, and payout annuities; Property and Casualty (P&C), encompassing specialty casualty, construction defect, general liability, commercial multi-peril, workers compensation, product and environmental liability, and auto liability insurance; and Life Insurance, featuring whole life, universal life, variable universal life, credit insurance, health insurance, and pension products; as well as reinsurance of annuity-based products and pension risk transfer solutions. It maintains operations in the United States, Canada, Bermuda, the United Kingdom, Japan, and internationally, with headquarters in Pembroke, Bermuda, where it was incorporated in 2020. In recent developments, the company changed its name from Brookfield Reinsurance Ltd. to Brookfield Wealth Solutions Ltd. in July 2024 to better reflect its expanded wealth and retirement solutions business, followed by a trading symbol update to BNT in September 2024. It completed the acquisition of American Equity Investment Life Holding Company in May 2024, bolstering its fixed annuity platform and increasing insurance assets under management to over $100 billion, and signed its first Japan reinsurance agreement with Dai-Ichi Frontier Life in November 2025 via Brookfield Wealth Solutions Ltd. Additionally, it announced the acquisition of U.K.-based Just Group plc in July 2025 to enhance defined benefit de-risking and retirement income capabilities, alongside implementing a class A shares subdivision payable in October 2025 to simplify its capital structure.