Brookfield Reinsurance Management

How has Sachin Shah's remuneration changed compared to Brookfield Reinsurance's earnings?
Date	Total Compensation	Salary	Company Earnings
Dec 31 2023	n/a	n/a	US$796m
Sep 30 2023	n/a	n/a	US$513m
Jun 30 2023	n/a	n/a	US$572m
Mar 31 2023	n/a	n/a	US$236m
Dec 31 2022	US$8m	US$538k	US$499m
Sep 30 2022	n/a	n/a	US$275m
Jun 30 2022	n/a	n/a	US$134m
Mar 31 2022	n/a	n/a	US$109m
Dec 31 2021	US$8m	US$559k	-US$112m
Sep 30 2021	n/a	n/a	US$0
Jun 30 2021	n/a	n/a	US$7m
Mar 31 2021	n/a	n/a	US$5m
Dec 31 2020	US$5m	US$522k	US$1m

Compensation vs Market: Sachin's total compensation ($USD8.31M) is about average for companies of similar size in the US market ($USD8.43M).

Compensation vs Earnings: Sachin's compensation has been consistent with company performance over the past year.

CEO

Sachin Shah (46 yo)

3yrs

Tenure

US$8,310,040

Compensation

Mr. Sachin G. Shah, CPA, serves as Chief Executive Officer of Brookfield Reinsurance at Brookfield Business Partners L.P. from March 2024. He serves as Director at Argo Group International Holdings, Inc. s...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Thomas Corbett	Chief Financial Officer	3.1yrs	US$2.04m	0.0014% $ 81.4k
Paul Forestell	Chief Operating Officer	2.4yrs	US$1.82m	no data
Lorenzo Lorilla	Chief Investment Officer	1.8yrs	US$3.04m	no data
Gregory McConnie	Chief Executive Officer of NER SPC & NER Ltd	no data	US$722.51k	0.0031% $ 186.2k
Sachin Shah	CEO, Head of Insurance Solutions Business & Director	3yrs	US$8.31m	0.057% $ 3.4m
Michael McRaith	Vice Chair of Insurance Solutions business	2.6yrs	no data	no data
Christopher Donahue	Senior Vice President	1.3yrs	no data	no data
Susan Comparato	Managing Director of Portfolio Management	less than a year	no data	no data
Anna Knapman-Scott	Corporate Secretary	no data	no data	no data

2.4yrs

Average Tenure

46yo

Average Age

Experienced Management: BNRE's management team is considered experienced (2.4 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Sachin Shah	CEO, Head of Insurance Solutions Business & Director	3yrs	US$8.31m	0.057% $ 3.4m
Jay Wintrob	Director	2.5yrs	US$150.00k	no data
Michele Mayes	Independent Director	less than a year	no data	no data
Barry Blattman	Director	2.5yrs	no data	0.51% $ 30.8m
Gregory Ernest Morrison	Independent Director	3.4yrs	US$162.50k	no data
Lori Pearson	Chairman	less than a year	no data	0.057% $ 3.4m
Anne Schaumburg	Independent Director	3yrs	US$160.00k	0.0010% $ 59.9k
Soon Young Chang	Independent Director	2.5yrs	US$150.00k	no data
Lars Eric Nils Rodert	Independent Director	2.5yrs	US$170.00k	0% $ 0
William Cox	Lead Independent Director	3yrs	US$210.00k	0.0041% $ 245.4k

2.5yrs

Average Tenure

62.5yo

Average Age

Experienced Board: BNRE's board of directors are not considered experienced ( 2.5 years average tenure), which suggests a new board.

Brookfield Reinsurance Management

Management criteria checks 3/4

Key information

Recent management updates

Brookfield Reinsurance Ltd. Announces Board Appointments

Brookfield Reinsurance Ltd., Annual General Meeting, Aug 17, 2023

Brookfield Reinsurance Ltd., Annual General Meeting, Aug 08, 2023

Brookfield Reinsurance Ltd., Annual General Meeting, Aug 08, 2023

High number of new and inexperienced directors

Lead Independent Director recently bought US$96k worth of stock

Recent updates

Full year 2023 earnings released: EPS: US$5.47 (vs US$9.87 in FY 2022)

There's No Escaping Brookfield Reinsurance Ltd.'s (NYSE:BNRE) Muted Earnings

Upcoming dividend of US$0.08 per share

Full year 2023 earnings released: EPS: US$7.07 (vs US$9.69 in FY 2022)

Fourth quarter dividend increased to US$0.08

Brookfield Reinsurance Ltd. Declares Quarterly Distribution Increase, Payable on March 28, 2024

BPY Preferreds: A Backdoor Play On Brookfield Real Estate?

Now 21% undervalued

Now 21% undervalued

Upcoming dividend of US$0.07 per share at 0.8% yield

Brookfield Reinsurance: Smart Capital Raise To Fuel Growth But Skepticism Warranted

Brookfield Reinsurance Ltd. (NYSE:BNRE) completed the acquisition of Argo Group International Holdings, Ltd. from Voce Capital Management, LLC, Pzena Investment Management LLC and other shareholders.

New major risk - Shareholder dilution

Third quarter 2023 earnings released: EPS: US$1.47 (vs US$4.79 in 3Q 2022)

Brookfield Reportedly Weighs Move into UK Pension Insurance Market

Brookfield Reinsurance Ltd. Declares Quarterly Distribution, Payable on September 29, 2023

Upcoming dividend of US$0.07 per share at 1.6% yield

Brookfield Reinsurance Ltd. Announces Board Appointments

Brookfield Reinsurance Ltd. Declares Quarterly Distribution, Payable on September 29, 2023

Second quarter 2023 earnings released: EPS: US$0.07 (vs US$0.066 in 2Q 2022)

Brookfield Reinsurance Ltd., Annual General Meeting, Aug 17, 2023

Brookfield Reinsurance Ltd., Annual General Meeting, Aug 08, 2023

Brookfield Reinsurance Ltd., Annual General Meeting, Aug 08, 2023

Upcoming dividend of US$0.07 per share at 1.7% yield

Brookfield Reinsurance Ltd. Declares Quarterly Distribution on Class A and B Share, Payable on June 30, 2023

First quarter 2023 earnings released

Upcoming dividend of US$0.07 per share at 1.7% yield

Brookfield Asset Management Reinsurance Partners declares $0.07 dividend

Full year 2022 earnings released: EPS: US$10.76 (vs US$1.28 loss in FY 2021)

Brookfield Reinsurance Ltd. Declares Quarterly Distribution, Payable on March 31, 2023

Brookfield Reinsurance Ltd. entered into a definitive agreement to acquire Argo Group International Holdings, Ltd. from Voce Capital Management, LLC and other shareholders for $1.1 billion.

Brookfield: Misunderstood And Extremely Attractive

How To Make Money Off The Brookfield Spin-Off - Part 2

Investor sentiment deteriorated over the past week

Upcoming dividend of US$0.14 per share

High number of new and inexperienced directors

Third quarter 2022 earnings released

Brookfield Asset Management Reinsurance Partners Ltd. Declares Quarterly Distribution, Payable on December 30, 2022

Brookfield Asset Management Reinsurance Partners declares $0.14 dividend

Upcoming dividend of US$0.14 per share

Elusive Cash Of Brookfield Business Partners

Lead Independent Director recently bought US$96k worth of stock

Second quarter 2022 earnings released

Brookfield Asset Management Reinsurance Partners Ltd. Declares Quarterly Distribution, Payable on September 29, 2022

Brookfield Asset Management Reinsurance Partners GAAP EPS of $0.06, revenue of $1.45B

Brookfield And Other Alternative Asset Managers Are Trading As If There Were No Tomorrow

Inaugural dividend of US$0.14 per share

Brookfield Asset Management Reinsurance Partners Ltd. (NYSE:BAMR) completed the acquisition of American National Group, Inc. (NasdaqGS:ANAT) from Libbie Shearn Moody Trust, Moody Foundation, Moody Medical Research Institute, Moody National Bank and others.

Brookfield Asset Management Reinsurance Partners Ltd., Annual General Meeting, Jun 24, 2022

Brookfield Reinsurance Announces Quarterly Distribution for the Quarter Ended March 31, 2022, Payable on June 30, 2022

First quarter 2022 earnings released

Brookfield Reinsurance Announces Quarterly Distribution for the Quarter Ended March 31, 2022

High number of new and inexperienced directors

Brookfield Asset Management: Top Stock For A High Inflation Environment

Inaugural dividend of US$0.14 per share

Brookfield Asset Management Beyond Company's Presentations

Full year 2021 earnings: EPS in line with analyst expectations despite revenue beat

Brookfield Asset Management Reinsurance Partners Ltd Declares a Quarterly Distribution, Payable on March 31, 2022

Lead Independent Director recently bought US$100k worth of stock

High number of new directors

Brookfield Asset Management Reinsurance Partners Ltd.(TSX:BAMR) dropped from FTSE All-World Index (USD)

Inaugural dividend of US$0.13 per share

Third quarter 2021 earnings released: US$0.22 loss per share

Brookfield Asset Management Is More Expensive Than Ever

Brookfield Asset Management Reinsurance Partners Ltd. (NYSE:BAMR) signed a definitive agreement to acquire American National Group, Inc. (NasdaqGS:ANAT) from Libbie Shearn Moody Trust, Moody Foundation, Moody Medical Research Institute and others for $5.1 billion.

Brookfield Asset Management Is Still Reasonably Valued

Brookfield Asset Management Reinsurance Partners Ltd.(TSX:BAMR) dropped from S&P/TSX Canadian Dividend Aristocrats Index

Brookfield Asset Management Reinsurance Partners Ltd.(TSX:BAMR) dropped from S&P International 700

CEO Compensation Analysis