Tuesday, November 5, 2013

Seeking Alpha: Endurance Delivers A Solid Result, But There's Plenty Still To Do

Endurance Specialty Holdings (ENH) has long been a pretty solid mid-tier insurance company, with operations split across both insurance and reinsurance operations. The company has had to deal with the same premium, catastrophe, and portfolio investment challenges as everybody else (to the detriment of returns), but has largely avoided the big mistakes.

Even so, the board was not content to just leave well enough alone and the addition of a new CEO earlier this year seems as though it will lead to some extensive changes for Endurance. On the basis of what I believe to be relatively conservative expectations Endurance still looks undervalued, and I think that makes it at least a name worth watching.

Read the full article at Seeking Alpha:
Endurance Delivers A Solid Result, But There's Plenty Still To Do

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