These two specialty insurers ain’t no Berkshires, Markels, or Alleghanys, but they seem to have done alright with their underwriting in the past, but Mr. Market has punished their stock prices in the past several months.
The first is The Navigators Group (NAVG). It’s P/B is 0.9 at the moment and the forward earnings yield is about 11%. And technically speaking, I think its a great entry point being at the bottom of its bands and near a range of support. (click for larger image)
The second is Argo Group International (AGII). It’s P/B is 0.52 and the forward earnings yield is about 15.8%. This stock is also at a great entry point technically speaking. (click for larger image)
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