farewellmate t1_j26buxg wrote on December 29, 2022 at 11:44 PM Reply to Progressive: The Valuation Enigma by 2ndSifter Haven’t seen a single person mention the #1 metric for insurance companies… combined ratio. #2 may be how they leverage the float which also isn’t mentioned. You have to understand an industry to do real DD. Permalink 3
farewellmate t1_j26buxg wrote
Reply to Progressive: The Valuation Enigma by 2ndSifter
Haven’t seen a single person mention the #1 metric for insurance companies… combined ratio. #2 may be how they leverage the float which also isn’t mentioned. You have to understand an industry to do real DD.