This Bermuda based $29 billion market cap travel focused general liability insurance company is well positioned for the expected 15% increase in global travel that is expected for the next 5-10 years. It trades at 10x earnings, under 2x book value and supports a 21% ROE. We like that cash reserves are growing. We suggest placing a stop-loss at $63, looking to achieve $95 -- upside potential of 29%. Yield 0%
Rare to find a financial company that grows 34% over the last 4 quarters and double digits the last 36 months.