December 31, 2008at 2:56 am
· Filed under Insurance, investments
One Beacon for Sale?
The name is OneBeacon Insurance but most people think its One Beacon Insurance, so in the title I used One Beacon in the tile. Ok ->
Is it for sale? In my opinion White Mountains Insurance company never intended to keep One Beacon forever. Why do I say this? Simply they have bought [...]
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Tags: One Beacon, OneBeacon insurance, White Mountain Advisors
December 17, 2008at 3:32 pm
· Filed under Insurance, investments
OneBeacon Insurance reporting
In terms of reporting ethics OneBeacon Insurance in my opinion is very ethical and that goes for White Mountains its parent also. OneBeacon and White mountain insurance are both going through very bad times in terms of earnings and assets. But they are not going out of business and they report their earnings [...]
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Tags: OneBeacon insurance
December 17, 2008at 2:25 pm
· Filed under Insurance
OneBeacon Insurance group is going down, with a stock price of under 8 dollars a share an large losses and T. Michael Millers the CEO of OneBeacon insurance is paid 4.3 million dollars.
Salary
$400,000.00
Bonus
$250,000.00
Other Annual Compensation
$0.00
Long term incentive plan payouts
$0.00
Restricted stock awards
$1,228,659.00
Security underlying options
$0.00
All [...]
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Tags: OneBeacon insurance, White Mountain Insurance
November 23, 2008at 10:50 am
· Filed under Insurance, stock market
OneBeacon Insurance stock
Many people are selling this stock even at about 7 dollars a share. OneBeacon Insurance stock is trending down, even breaking down. Here in November 2008 I think we are seeing double trouble with this stock.
First the financial industry is a mess. And many think 2009 has more bad news. In fact maybe [...]
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Tags: OneBeacon insurance
November 12, 2008at 2:52 pm
· Filed under Insurance, investments, stock market
OneBeacon, I would say no. But this is what people are saying. The reason I would say no, is the stock has not shown any funny movement. Until I see movement in a strange movement in volume or price I would have to say no. The stock is sick and weak and the company losing [...]
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Tags: OneBeacon insurance, white moutains insurance