Endurance Specialty Holdings Ltd. (NYSE:ENH)
CAPS Rating:
The Company focuses on underwriting specialty lines of personal and commercial property and casualty insurance and reinsurance on a global basis.
The Company focuses on underwriting specialty lines of personal and commercial property and casualty insurance and reinsurance on a global basis.
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0n 6/13/2007The company's current 20.2% return on equity far exceeds the industry average of 10.3%. The gross profit margin increased to 37.3% in the first quarter of fiscal 2007 over the year-earlier period and the net profit margin of 22.9% is higher than many of Endurance's peers.
Street.com says possible acquisitions for Super Investor Eddie Lampert: is Endurance Specialty Holdings . Endurance provides large corporations with various forms of insurance, ranging from casualty to third-party liability.
Endurance is a very conservative specialty insurance company that's an investment holding of one of the most knowledgeable insurance company investors around, David Merkel. It's also a favorite of Richard Perry of Perry Capital, an $11 billion hedge fund that generally invests for the long term.