Investors are fairly spoiled for choice when it comes to the insurance
sector, so not only can they afford to be picky, but they pretty much
have to be. With the sector having been relatively strong of late,
despite weak investment returns, a lot of the great bargains in the
space have disappeared.
RenaissanceRe (NYSE:
RNR)
is a difficult case in point; while this company remains a top-flight
reinsurance company and is not exactly overpriced, it's not that much of
a bargain either.
Please follow this link for more:
http://stocks.investopedia.com/stock-analysis/2012/High-Quality-RenRe-Not-A-Striking-Bargain-RNR-ACGL-PRE-RE0613.aspx
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