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Brookfield Reinsurance (Brookfield Reinsurance) Scaled Net Operating Assets : 0.16 (As of Mar. 2024)


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What is Brookfield Reinsurance Scaled Net Operating Assets?

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Brookfield Reinsurance's operating assets for the quarter that ended in Mar. 2024 was $60,283 Mil. Brookfield Reinsurance's operating liabilities for the quarter that ended in Mar. 2024 was $50,199 Mil. Brookfield Reinsurance's Total Assets for the quarter that ended in Dec. 2023 was $61,643 Mil. Therefore, Brookfield Reinsurance's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2024 was 0.16.

Brookfield Reinsurance Scaled Net Operating Assets Calculation

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Brookfield Reinsurance's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Dec. 2023 is calculated as

Scaled Net Operating Assets (SNOA)(A: Dec. 2023 )
=(Operating Assets (A: Dec. 2023 )-Operating Liabilities (A: Dec. 2023 ))/Total Assets (A: Dec. 2022 )
=(57335-49051)/43458
=0.19

where

Operating Assets(A: Dec. 2023 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=61643 - 4308
=57335

Operating Liabilities(A: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=52794 - 3743 - 0
=49051

Brookfield Reinsurance's Scaled Net Operating Assets (SNOA) for the quarter that ended in Mar. 2024 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Mar. 2024 )
=(Operating Assets (Q: Mar. 2024 )-Operating Liabilities (Q: Mar. 2024 ))/Total Assets (Q: Dec. 2023 )
=(60283-50199)/61643
=0.16

where

Operating Assets(Q: Mar. 2024 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=63113 - 2830
=60283

Operating Liabilities(Q: Mar. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=53929 - 3730 - 0
=50199

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Brookfield Reinsurance (Brookfield Reinsurance) Business Description

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Traded in Other Exchanges
BNRE.A:USA 9JG0:Germany BNRE.A:Canada BNRE:Canada
Address
94 Pitts Bay Road, Ideation House, First Floor, Pembroke, BMU, HM08
Website
https://www.bamr.brookfield.com
Brookfield Reinsurance Ltd owns and operates a reinsurance business focused on providing capital-based solutions to insurance companies and their stakeholders. The company offers a broad range of insurance products and services, including life insurance and annuities, and personal and commercial property and casualty insurance.