Flagstone Reinsurance Holdings Limited (NYSE:FSR)

CAPS Rating: 3 out of 5

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.

Recs

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Player Avatar JasperCapital (< 20) Submitted: 3/8/2010 7:55:21 PM : Outperform Start Price: $10.58 FSR Score: -32.98

This is a relatively small reinsurance company, with a fantastic combined ratio showing great underwriting ability. I also think it could be a takeover candidate given that it is trading at only 80% of book value.

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