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, Variab… Read more
Brookfield Reinsurance Ltd. (BNRE) - Total Assets
Latest total assets as of June 2024: $119.70 Billion USD
Based on the latest financial reports, Brookfield Reinsurance Ltd. (BNRE) holds total assets worth $119.70 Billion USD as of June 2024.
Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments.
Brookfield Reinsurance Ltd. - Total Assets Trend (2019–2023)
This chart illustrates how Brookfield Reinsurance Ltd.’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Brookfield Reinsurance Ltd. - Asset Composition Analysis
Current Asset Composition (December 2023)
Brookfield Reinsurance Ltd.'s total assets of $119.70 Billion consist of 16.0% current assets and 84.0% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 7.5% |
| Accounts Receivable | $1.11 Billion | 1.9% |
| Inventory | $-5.42 Billion | -9.4% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $235.00 Million | 0.4% |
| Goodwill | $120.38 Million | 0.2% |
Asset Composition Trend (2019–2023)
This chart illustrates how Brookfield Reinsurance Ltd.'s asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Brookfield Reinsurance Ltd.'s current assets represent 16.0% of total assets in 2023, an increase from 2.0% in 2019.
- Cash Position: Cash and equivalents constituted 7.5% of total assets in 2023, up from 1.4% in 2019.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2019.
- Asset Diversification: The largest asset category is accounts receivable at 1.9% of total assets.
Brookfield Reinsurance Ltd. Competitors by Total Assets
Key competitors of Brookfield Reinsurance Ltd. based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Union Insurance Co Ltd
TW:2816
|
Taiwan | NT$19.37 Billion |
|
SEOUL GUARANTEE INSURANCE
KO:031210
|
Korea | ₩9.39 Trillion |
|
Allianz Malaysia Bhd
KLSE:1163
|
Malaysia | RM30.49 Billion |
|
MAA Group Bhd
KLSE:1198
|
Malaysia | RM414.90 Million |
|
A Plus Asset Advisor Co Ltd
KO:244920
|
Korea | ₩496.08 Billion |
|
Tune Protect Group Bhd
KLSE:5230
|
Malaysia | RM1.20 Billion |
|
Alm. Brand A/S
PINK:ABDBY
|
USA | $32.02 Billion |
|
Arch Capital Group Ltd
NASDAQ:ACGL
|
USA | $67.06 Billion |
Brookfield Reinsurance Ltd. - Asset Efficiency Metrics
Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.
Asset Turnover Ratio
Measures how efficiently a company uses its assets to generate sales
Lower asset utilization - Brookfield Reinsurance Ltd. generates 0.12x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Moderate ROA - For every $100 in assets, Brookfield Reinsurance Ltd. generates $ 1.38 in net profit.
Brookfield Reinsurance Ltd. - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 0.00 | 0.92 | 76.88 |
| Quick Ratio | 0.00 | 4.11 | 76.88 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $22.45 Billion | $ -361.05 Million | $ 38.25 Million |
Brookfield Reinsurance Ltd. - Advanced Valuation Insights
This section examines the relationship between Brookfield Reinsurance Ltd.'s asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 1.22 |
| Latest Market Cap to Assets Ratio | 0.03 |
| Asset Growth Rate (YoY) | 32.3% |
| Total Assets | $57.56 Billion |
| Market Capitalization | $1.54 Billion USD |
Valuation Analysis
Below Book Valuation: The market values Brookfield Reinsurance Ltd.'s assets below their book value (0.03 x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: Brookfield Reinsurance Ltd.'s assets grew by 32.3% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Brookfield Reinsurance Ltd. (2019–2023)
The table below shows the annual total assets of Brookfield Reinsurance Ltd. from 2019 to 2023.
| Year | Total Assets | Change |
|---|---|---|
| 2023-12-31 | $57.56 Billion | +32.32% |
| 2022-12-31 | $43.50 Billion | +278.48% |
| 2021-12-31 | $11.49 Billion | +697.98% |
| 2020-12-31 | $1.44 Billion | +55.42% |
| 2019-12-31 | $926.71 Million | -- |