OUR INVESTMENT STRATEGY
"Successful insurance investing requires a disciplined, methodical approach"
- PhiloSmith & Co. Investment Philosophy
- Bottom-up stock picking
- Fundamental analysis and extensive on-site management meetings
- To seek companies with an above-average outlook selling at price/earnings and price/book ratios below sector averages
- To buy stock in which the risk of loss is relatively limited and the chances of success are superior to the market
- Ownership by management/insiders should be meaningful
- Disciplined sell strategy based on "red flags"
