Hi all,
just from reading Berkshire's letters, we get an idea of valuing insurance companies,
make sure the cost of float is low or negative if possible
in such case the recorded float as liability can actually be regarded as equity
does anyone can share any resource, book, article or any other resource where I can learn to analyze insurance thoroughly?
also with Sg insurance, just from talking to local insurance agents seems that the float is mainly in fixed rate instruments like bonds and probly only 30% in equities
who's the insurance guru here? pls share some gems
Thanks in advance everyone!
just from reading Berkshire's letters, we get an idea of valuing insurance companies,
make sure the cost of float is low or negative if possible
in such case the recorded float as liability can actually be regarded as equity
does anyone can share any resource, book, article or any other resource where I can learn to analyze insurance thoroughly?
also with Sg insurance, just from talking to local insurance agents seems that the float is mainly in fixed rate instruments like bonds and probly only 30% in equities
who's the insurance guru here? pls share some gems
Thanks in advance everyone!