Relatively High Debt to Asset Ratio Detected in Shares of Validus Holdings in the Reinsurance Industry (VR, RNR, Y, RGA, ENH)
Below are the three companies in the Reinsurance industry with the highest debt to asset ratios. The Debt/Asset ratio shows the proportion of a company's assets that are financed through debt. If the ratio is greater than one, most of the company's assets are financed through debt.
Validus Holdings ranks highest with a a debt to asset ratio of 0.20. RenaissanceRe Holdings is next with a a debt to asset ratio of 0.08. Alleghany ranks third highest with a a debt to asset ratio of 0.08.
Reinsurance Group of America follows with a a debt to asset ratio of 0.07, and Endurance Specialty rounds out the top five with a a debt to asset ratio of 0.07.
SmarTrend recommended that subscribers consider buying shares of Endurance Specialty on March 1st, 2016 as our technology indicated a new Uptrend was in progress when shares hit $63.11. Since that recommendation, shares of Endurance Specialty have risen 3.6%. We continue to monitor Endurance Specialty for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.
Keywords: highest debt to asset ratio Validus Holdings renaissancere holdings alleghany reinsurance group of america endurance specialty