Assurant, Inc. (NYSE:AIZ)

CAPS Rating: 4 out of 5

Focuses on building & maintaining a portfolio of insurance businesses, leveraging a set of core capabilities, identifying & adapting to evolving market needs & centralizing certain key functions in the Corporate segment to achieve economies of scale.

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Player Avatar somrh (90.42) Submitted: 6/18/2012 1:32:42 AM : Outperform Start Price: $33.74 AIZ Score: +28.27

David Merkel likes this stock. AIZ more or less breaks even on their underwriting (as opposed to losing money like other insurance companies). AIZ is selling for about a 40% discount to book value and a 25% discount to tangible book value with ROE in the double digits.

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