Intangible Valuation
Value, contrarian, coat tail rider, idiosyncratic research

Montpelier Re: Not As Cheap As It Looks

Montpelier Re Holdings (NYSE:MRH) is a Bermuda-based U.S. catastrophe property insurer. While it has some additional lines, it is pretty dependent on the catastrophe market which makes up some 70% of 2012 premiums. About half of its risk is directly out of the United States although it is diversified, a bit, acr...

Join Seeking Alpha PRO to read this archived article and 11,574 other archived articles
  • Access Top Ideas, chosen by Seeking Alpha’s editors
  • Filter long and short ideas by market cap and sector
  • Get Coverage of over 5,000 stocks, many of which have little or no coverage elsewhere
"In just the first month of using PRO, I used it to generate two ideas which were actionable for me. As a result of these two positions, I have earned more than 20 times the annual subscription costs for PRO." Michael Yagemann, Greenbridge Capital
"I am pleasantly surprised with the scope of small and mid-cap coverage PRO offers. You can't find that any where else." Patrick Rice, Mainstay Capital Management
100% Satisfaction Guaranteed
You are protected by the Seeking Alpha Money Back Guarantee and will get a prompt refund on the unused portion of your subscription at any time, for any reason.