Montpelier Re Holdings Ltd. (NYSE:MRH)
CAPS Rating:
Through its operating subsidiary Montpelier Reinsurance Ltd. is a provider of global property and casualty reinsurance and insurance products.
Through its operating subsidiary Montpelier Reinsurance Ltd. is a provider of global property and casualty reinsurance and insurance products.
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Recs
Uncertainty is creating a stock that is priced so low it either is severely undervalued or has issues / potential losses which I and ohter investors are not privy to. I would hazard the downside risk is much less than upside potential at this price.
They have 675.7 M in MBS/ABS investments on their balance sheet , who knows what that is worth.