Tag: reinsurance

WR Berkley – The Rare Combination Of Both Able Operators And Allocators

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We buy back stock when we think it’s attractively priced relative to our assessment of the intrinsic value of the enterprise. – Robert Berkley on the 1Q2020 conference call. The business: WR Berkley (NYSE: WRB) is an insurance and reinsurance company. They do mostly business like excess and surplus lines and specialty insurance. These lines of insurance are less standardized

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Some Thoughts On Markel (The “Mini/Baby” – Berkshire) And Its 2019 Shareholder Letter

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Berkshire Hathaway needs no introduction, but what many investors might not know is the existence of several “Mini-Berkshires” or “Baby-Berkshires”, companies that are much smaller but in many ways similar both in business model and mindset of the management. One of these companies is Markel Corporation which is traded on the NYSE and has the tickercode “MKL”. Previously I have

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