| Hawk4Value Wed Feb 01, 2006 8:26 pm |
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MRH Blast,
Entire Bermuda P/C insurance industry was leveled in last hurricane season. Stock prices collapsed including MRH which is 10% owned by White Mountains Ins. What do you think about investment potential of this industry and MRH in particular?????????
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| blast_investor Wed Feb 01, 2006 8:54 pm |
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Hi Hawk4Value,
Insurance industry is outside my sphere of competence and I usually do not spend time on those stocks.
I can not comment on this stock. It is too hard for me. Warren Buffet loves insurance company. But he is Warren, I am not.
Here is my old article on financial stocks:
Derivative Risks of Financial Stocks
My take is that unless one is very sure and expert in understanding insurance business, insurance stocks are not suitable for most individual investors. Full of danger there. |
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