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The Company through its Insurance and Reinsurance Operations, is the specialty property and casualty insurers in the industry.
Speciality P&C company reported dispaointing quarter and facing difficult competitive enrionment, but most of that exposure appears priced in around $14. Sitting on signficant excess capital, this historical low teen ROE insurer now trades around 60 price/book. Believe downside is limited on this deep value play from current levels.
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