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Strategies & Market Trends : Value Investing

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To: Spekulatius who wrote (42966)6/10/2011 10:32:26 AM
From: Jurgis Bekepuris  Read Replies (1) of 78748
 
AHL - What happened in 2004/2005, large acquisition? gurufocus.com

In any case, their book value grew 11% per year and book value per share grew 10% per year from 2003. Which is on par with other insurance companies that we looked at, definitely not outstanding (there are companies that did better).

Losses in Q1/2011 as with others.

Overall, it seems like yet another insurance company not much different in valuation or business acumen from others. But then I have not read their annual yet. I am sure they claim there that they have more conservative policy writing, better diversification, astounding long term strategy and proprietary risk evaluation that leaves all other companies in the dust. Don't they all... :/ :)

Perhaps it could be a part of the basket. :)
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