Asset Management

After more than 20 years of working at the intersection of investments and insurance, Firemark Investments has determined that current industry and market conditions present compelling opportunities. The industry is evolving rapidly, and yet insurance stocks are still valued by the old benchmarks.

Many investors have considered insurance to be an unexciting, slow growth industry. A close examination of the industry reveals that generalizations and broad aggregate performance measures are often misleading. Within the vast, highly fragmented industry there exist many subsectors and companies that have achieved growth and profitability superior even by the most demanding investors' standards. Indeed, there is a new insurance industry, one that has evolved largely over the past two decaded, that is running circles around the old industry.

Right now, the avatars of the new insurance industry are not valued as the high margin growth companies that they are. The opportunities they have for global growth are enhanced by rating agencies' and regulators' downgrading of many traditional industry leaders, the availability of fresh capital to the new breed of competitors, and the credibility of the new breed to insurance buyers. For these reasons, Firemark sees an investing opportunity unlike anything in previous years.

For investors seeking an allocation of assets into the global insurance industry, contact Firemark's Chairman & CEO, Michael J. Morrissey directly at 212.984.2416.