Brookfield Reinsurance Ltd. (BNRE)

41.14 +0.97 (+2.41%) At close: 03:41PM EDT

Brookfield Reinsurance Ltd.

Ideation House
First Floor 94 Pitts Bay Road
Pembroke HM08
Bermuda
441 405 7811
https://bnre.brookfield.com

Sector(s): Financial Services
Industry: Insurance - Reinsurance
Full-time employees: 

Key executives

Name	Title	Pay	Exercised	Year born
Mr. Thomas Corbett	Chief Financial Officer	731.88k	N/A	1980
Mr. Paul Forestell	Chief Operating Officer	1.2M	N/A	1970
Mr. Lorenzo Lorilla	Chief Investment Officer	1.17M	N/A	1982
Mr. Gregory N. McConnie	Chief Executive Officer of NER SPC & NER Ltd	528.64k	N/A	1972
Mr. Michael T. McRaith	Vice Chair of Insurance Solutions business	N/A	N/A	N/A
Mr. Christopher Caldwell Donahue	Senior Vice President	N/A	N/A	1987
Ms. Susan Beth Comparato	Managing Director of Portfolio Management	N/A	N/A	1969
Anna Knapman-Scott	Corporate Secretary	N/A	N/A	N/A

Amounts are as of 31 December 2023, and compensation values are for the last fiscal year ending on that date. Pay includes salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

Description

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.

Corporate governance

Brookfield Reinsurance Ltd.’s ISS governance QualityScore as of N/A is N/A. The pillar scores are Audit: N/A; Board: N/A; Shareholder rights: N/A; Compensation: N/A.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while 10 indicates higher governance risk.