The company handles liability insurance in segments like
Directors and officers (D and O) liability
Errors and omissions liability
Medical liability
http://www.darwinpro.com/products/e_o.html
http://caps.fool.com/Ticker/DR.aspx
From the website
Financial information
$280.3 million total gross premium written as of December 31, 2007
• Over $560 million of business written since inception
• Approximately 60% of writings in health care liability risks
• Based on 2007 actual writings, Darwin is currently capitalized at a “Best
Capital Adequacy Ratio” (BCAR) of approximately 180%, which quantitatively
is at the midpoint of a rating of A+ based on A.M. Best’s BCAR requirements
What caught my attention?
Niche segment
Excellent management
pe 12.31
pb 1.80
roe 16.99
debt equity ratio 0.019
current ratio 0.994
EV/EBIDTA is high 7.214%
quarterly earnings growth 184%
from yahoo finance
The company has good prospects but is cheap.Not too expensive either.
$32.2 (06/29/08)
