• Return to Headlines

Lowest Debt-to-Capital Ratio in the Reinsurance Industry Detected in Shares of Third Point Rein (TPRE, RE, Y, RNR, ESGR)

By David Diaz

Below are the three companies in the Reinsurance industry with the lowest Debt-to-Capital ratios. The debt-to-capital ratio is an important measure of how a company is financing its operations along with some insight into its financial strength, relative to other companies in its industry.

Third Point Rein ranks lowest with a a Debt-to-Capital ratio of 640.7%. Following is Everest Re Group with a a Debt-to-Capital ratio of 703.6%. Alleghany Corp ranks third lowest with a a Debt-to-Capital ratio of 1,469.4%.

Renaissancere follows with a a Debt-to-Capital ratio of 1,482.0%, and Enstar Group Ltd rounds out the bottom five with a a Debt-to-Capital ratio of 1,513.7%.

SmarTrend recommended that subscribers consider buying shares of Third Point Rein on January 16th, 2019 as our technology indicated a new Uptrend was in progress when shares hit $10.32. Since that recommendation, shares of Third Point Rein have risen 5.1%. We continue to monitor Third Point Rein for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: lowest debt-to-capital ratio third point rein everest re group alleghany corp renaissancere enstar group ltd

Ticker(s): TPRE RE Y RNR ESGR