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$8.17 -0.11 (-1.33%)
11/21/2008 9:55 AM

Flagstone Reinsurance Holdings Limited (FSR)

CAPS Rating:
*****

The Company's core business is providing property catastrophe reinsurance coverage to a range of select insurance companies and other reinsurers, primarily on an excess of loss basis.

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1

Avatar sandvig (99.09) Submitted: 7/13/07 10:34 AM : Outperform Start Price: $13.03 FSR Score: 21.26

Tu ne cede malis sed contra audentior ito - Yield not to misfortunes, but advance all the more boldly against them.


FSR appears to have a very sound management team. Their finances look to be solid, but it is hard to get a sense of a track record for such a new company.


I think the reinsurance industry is a solid bet for those companies that have the discipline to refrain from under pricing the risks they are willing to insure. I think this is one of those companies. Those who dare to be dull will prosper over time.

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