Castelnau Share Discussion Threads

[nb1979] 12/2/2013 10:44

Anything else driving this lower other than disappointing dividend? Results looked quite good to me overall?

[ddahj] 08/2/2013 07:32

The investment return is disappointing nevertheless investments are extremely safe. Consequently I would like to see a higher proportion of profits paid as dividend. The success of non-London hubs and expertise of underwriting I applaud. Dividend payment is particularly disappointing when premium rate adequacy is at a particularly high level.

[chairman20] 01/2/2013 18:34

sshh dont get us noticed.

[al101uk] 01/2/2013 09:22

and on we go... marching upwards in silence ;-)

[ddahj] 22/1/2013 10:35

They do more to market themselves and understand their clients & risks. They are my favourite but I like Lancashire too, they seem to get very profitable risks but they are not as good value for net asset value as Catlin.

[richard jones 3] 04/1/2013 12:48

catlin group shares make new 12 month high again,i think this is one of the very best insurance companies in the world,it has great management.i think the shares are still pretty good value in my opinion.

[al101uk] 02/1/2013 22:58

Cracked? Already!?!

Had a £6 target on this, starting to think I might need to begin planning my exit strategy or revising my target.

[al101uk] 20/12/2012 14:57

£5 cracking.

[ddahj] 18/12/2012 12:29

I can't understand why these shares are down 4% today. The $200m estimate of loss from Sandy is comparable with other insurer losses, for example Beazley at $90m and less than half the size by insurance premium revenue.

[effortless cool] 10/12/2012 21:43

Business interruption, but usually needs to be as a direct result of property damage.

[timtom2] 30/10/2012 14:23

Is there cover available for lost trade due to natural disaster?
2 days off air for Wall Street would be considerable $ loss.

[al101uk] 29/10/2012 23:28

Seems my post above may have been a little off, the winds may not have been as bad as some but for anyone close to sea level things look pretty nasty.

Been downgraded now though, so hope for the best I suppose.

[timtom2] 29/10/2012 18:04

markets probably closed over there tomorrow too.

[al101uk] 29/10/2012 10:57

According to CNBC Hurricane Sandy having it's effect on all insurers right now. Having said that the actual reporting of the Hurricane (rather than it's effect on insurers) seemed rather under played to me. Disruptive not destructive.

[iomhere] 29/10/2012 10:56

ursus
You are right. My apologies. I had November in mind but had associated it with the start and not the end.

[ursus] 29/10/2012 10:19

we're near the end of the hurricane season...

[iomhere] 29/10/2012 08:26

Early in the season as well.

[richardbroughton] 29/10/2012 08:17

Guess this the hurricane effect.

[al101uk] 10/10/2012 14:02

Yep, this is one :-)

[chairman20] 10/10/2012 13:59

but not here!!

[al101uk] 09/10/2012 16:17

Unloved... when this place starts getting more than a couple of posts a week it's time to move on... until then I'll quietly pocket my cap gain and chunky dividend.

Two of my favourite shares are Insurance.

[chairman20] 09/10/2012 16:11

well in a morribund market a steady riser like this
would deserve so more attentionm than it gets

what is it about this sector?

[chairman20] 27/9/2012 19:47

soooh bored with just a rising share price??

insiders know some'at I expect

[chairman20] 21/8/2012 23:34

anyone one still doubting the investment case here?

[timtom2] 09/8/2012 10:41

Needs a push from here. It will get there one day but may take a breather first. If it does manage it however, EXCELLENT.