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Third Point Rein is Among the Companies in the Reinsurance Industry With the Lowest Debt-to-Capital Ratio (TPRE, RE, Y, RNR, ESGR)

By Nick Russo

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%. Everest Re Group is next 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 its subscribers protect gains by selling shares of Third Point Rein on May 13th, 2019 by issuing a Downtrend alert when the shares were trading at $10.50. Since that call, shares of Third Point Rein have fallen 8.6%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.

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