Reinsurance

Endurance Specialty Holdings Ltd. (NYSE: ENH), a Bermuda-based provider of property and casualty insurance and reinsurance, today announced that Michael J. McGuire, Chief Financial Officer, is scheduled to participate in a panel discussion at the Oppenheimer 2nd Annual Insurance CEO Summit in New...

Earlier during the week, rating agency A.M. Best affirmed the issuer credit ratings (ICR) and debt ratings of W.R. Berkley Corp. (WRB). Its senior unsecured notes were affirmed at ‘a-’ while the trust preferred securities were affirmed at ‘bbb’.   A.M. Best’s ratings reflect a favorable debt-to-...

Below are the top 5 financial stocks in the NASDAQ in terms of return on equity. The return on equity for Life Partners Holdings, Inc (NASDAQ: LPHI) is 54.89%. The trailing-twelve-month operating margins for LPHI are 39.82%. The return on equity for First Financial Bancorp (NASDAQ: FFBC) is 48.18...

On Thursday, A.M. Best Co. affirmed a stable outlook for Hilltop Holdings Inc. (HTH) by assigning it an issuer credit rating (ICR) of “bbb+". The rating agency also upgraded the financial strength rating (FSR) of American Summit Insurance Company, an insurance subsidiary of Hilltop, to “A" from “A...

Below are the top 5 finance stocks in terms of return on equity. The return on equity for Alliance Data Systems Corporation (NYSE: ADS) is 43.1%. BMO Capital Markets initiated coverage of ADS with a “market perform” rating. The return on equity for IFM Investments Limited (NYSE: CTC) is 42.47%....

Below are the top 5 financial stocks in terms of PEG. IRSA Investments and Representations Inc (NYSE: IRS) has a PEG ratio of 0.01. IRS’ quarterly revenue growth is 44.30% y/y. Phoenix Companies Inc (NYSE: PNX) has a PEG ratio of 0.22. PNX’s quarterly revenue growth is 35.50% y/y. Arbor Realty...

Last week, rating agency A.M. Best affirmed the ratings of Tower Group Inc. (TWGP) and its subsidiaries. The ratings action includes the affirmation of issuer credit ratings (ICR) of “bbb-" on Tower Group Inc. A.M.Best views favorably the acquisitions made by Tower Group over the last few years,...

“Everybody loves the romance of an IPO — a company going public with the potential to deliver huge profits to those investors on the ground floor. But the reality of initial public offerings are very different than the storybook version some traders believe. Trying to research these tiny upstarts...

“An ETF for U.S. small-cap stocks, iShares S&P Small Cap 600 Index Fund (IJR), set a fresh 52-week high on Friday and is trading at levels last seen right around Lehman Brothers filed for bankruptcy in September 2008. Small and mid-sized stocks have outpaced large-cap shares measured by the...

On Thursday, rating agency A.M. Best Co. affirmed the issuer credit rating (ICR) of “a-" and all debt ratings of RenaissanceRe Holdings Ltd. (RNR), reflecting the company’s superior risk-based capitalization level and historically excellent underwriting track record.   The rating agency has also...

Today I am going to introduce my new breakout report which will also include stocks which traded the session lower on heavier volume. If this is your first time reading one of my breakout reports you'll want to read the section below, however if you are familiar with my daily breakout report you...

Analysts Michael Paisan and Mariza Costa at Stifel Nicolaus have released an update on PartnerRe Ltd. (NYSE: PRE). The company provided an estimate of its losses from the earthquake in Chile, and Xynthia in Western Europe, on Monday. The company expects losses of $220-$320 million, and $40-$70...

The Wall Street Journal reports that American International Group, Inc. (NYSE: AIG) is planning on selling its remaining 14% stake in casualty reinsurer Transatlantic Holdings, Inc. (NYSE: TRH). AIG has been divesting its stake in assets to repay the government’s 2008 bailout. The company recently...