|Last Price$58.25||Day Change (%)-0.79%|
|Open Price$58.70||Day Change ($)-0.46|
|Day Range58.24–58.93||52-Week Range47.54–60.08|
As of Wed 7/27/2016 12:17:00 PM | USD
W . R . Berkley Corporation Names Scott R. Barraclough President of Admiral Insurance
W . R . Berkley , AIG, and Aflac are our best ideas in insurance.
With a focus on specialty commercial lines and strict underwriting discipline, W . R . Berkley's advantages aren't being fully appreciated by the market today.
The situation is complex, but ultimately we think investors shouldn't be overly concerned.
Widening investment-grade credit spreads and rising interest rates lead to losses.
Chip Carlson's fund has been a safe haven for shareholders during the financial crisis.
Diversified insurance and property-casualty are particularly attractive in a sector that looks slightly undervalued overall.