Brookfield Reinsurance (NYSE: BNRE) is a Bermuda-domiciled reinsurer sponsored by Brookfield Asset Management. The company provides a range of risk transfer solutions, including property catastrophe, casualty, specialty lines and retrocession coverage. By combining underwriting expertise with diversified capital markets strategies, Brookfield Reinsurance aims to meet the needs of primary insurers, reinsurers and other institutional clients seeking tailored reinsurance capacity.
In its underwriting operations, Brookfield Reinsurance focuses on structuring programs across regions and perils, deploying both traditional reinsurance treaties and facultative placements. The firm also accesses alternative capital markets through insurance-linked securities, collateralized reinsurance and other structured transactions. This multi-channel approach enables the company to optimize risk selection, capital efficiency and client servicing on a global basis.
As part of the Brookfield group, the reinsurer benefits from a deep investment platform that manages premiums in diversified portfolios of fixed income, private credit and real assets. This integration allows Brookfield Reinsurance to align its asset management capabilities with underwriting liabilities, seeking to enhance long-term risk-adjusted returns while maintaining conservative reserving practices.
Launched in mid-2023 and headquartered in Hamilton, Bermuda, Brookfield Reinsurance draws on the seasoned leadership of insurance and investment professionals. The company’s executive team is led by Michael Blum, who oversees global insurance and reinsurance activities, supported by a board with extensive experience in risk management, capital markets and actuarial disciplines.
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