Chasing Value: Insurance Stock Review — Part 3

Filed under: International Markets, Management, Berkshire Hathaway (BRK.A), AFLAC Inc (AFL), Allstate Corp (ALL), Chubb Corp (CB), Chasing Value[TM], MetLife Inc. (MET), Travelers Companies Inc. (TRV)

Last week, Warren Buffett, Chairman of Berkshire Hathaway (BRK.A and BRK.B), said India’s 26% foreign ownership cap on insurers deters him from such an investment. This follows an earlier report that Buffett aims to enter the Indian insurance sector as a corporate agent of Bajaj Allianz General Insurance.

After numerous world calamities, Buffett’s focus on insurance companies, and the fact that many hedge funds seem to be heavily focused on banks and neglecting insurance companies — with the exception of Bruce Berkowitz — I decided to explore the possibilities.

Even though we can anticipate billions of dollars in claims there still are buying opportunity.

Continue reading Chasing Value: Insurance Stock Review — Part 3

Chasing Value: Insurance Stock Review — Part 3 originally appeared on BloggingStocks on Mon, 28 Mar 2011 10:30:00 EST. Please see our terms for use of feeds.

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