Reviewing Greenlight Capital Re Ltd. (GLRE)’s and Assurant Inc. (NYSE:AIZ)’s results

Greenlight Capital Re Ltd. (NASDAQ:GLRE) and Assurant Inc. (NYSE:AIZ) are two firms in the Accident & Health Insurance that compete against each other. Below is a comparison of their institutional ownership, analyst recommendations, profitability, risk, dividends, earnings and valuation.

Valuation and Earnings

Gross Revenue Price/Sales Ratio Net Income Earnings Per Share Price/Earnings Ratio
Greenlight Capital Re Ltd. 266.47M 1.55 306.97M -8.36 0.00
Assurant Inc. 7.42B 0.82 529.40M 6.27 14.46

Demonstrates Greenlight Capital Re Ltd. and Assurant Inc. earnings per share (EPS), gross revenue and valuation.

Profitability

Table 2 shows Greenlight Capital Re Ltd. and Assurant Inc.’s net margins, return on equity and return on assets.

Net Margins Return on Equity Return on Assets
Greenlight Capital Re Ltd. -115.20% -45% -11.5%
Assurant Inc. 7.13% 11% 1.4%

Volatility and Risk

Greenlight Capital Re Ltd. is 31.00% less volatile than Standard and Poor’s 500 due to its 0.69 beta. Assurant Inc. has a 0.54 beta and it is 46.00% less volatile than Standard and Poor’s 500.

Dividends

Assurant Inc. offers an annual dividend of $2.24 per share, bundled with 2.27% dividend yield. Greenlight Capital Re Ltd. does not pay a dividend.

Insider and Institutional Ownership

Greenlight Capital Re Ltd. and Assurant Inc. has shares held by institutional investors as follows: 63.4% and 95.1%. 0.1% are Greenlight Capital Re Ltd.’s share held by insiders. Competitively, 0.6% are Assurant Inc.’s share held by insiders.

Performance

In this table we provide the Weekly, Monthly, Quarterly, Half Yearly, Yearly and YTD Performance of both pretenders.

Performance (W) Performance (M) Performance (Q) Performance (HY) Performance (Y) Performance (YTD)
Greenlight Capital Re Ltd. -5.85% -12.54% -15.51% -34.41% -52.64% -50.4%
Assurant Inc. -6.78% -11.45% -10.84% -4.7% -8.04% -10.11%

For the past year Greenlight Capital Re Ltd. was more bearish than Assurant Inc.

Summary

Assurant Inc. beats Greenlight Capital Re Ltd. on 10 of the 11 factors.

Greenlight Capital Re, Ltd., through its subsidiaries, engages in the provision of property and casualty reinsurance products and services worldwide. Its frequency business comprises contracts containing smaller losses emanating from multiple events and enables the clients to increase their underwriting capacity; and severity business includes contracts with the potential for significant losses emanating from one event or various events. The company offers various property reinsurance products and services that include aviation, commercial, energy, motor physical damage, and personal; casualty reinsurance products and services, which include general, marine, motor, and professional liability; and specialty reinsurance products and services that include financial, health, and workerÂ’s compensation. It markets its products through reinsurance brokers and specialist service providers. The company was founded in 2004 and is headquartered in Grand Cayman, the Cayman Islands.

Assurant, Inc., through its subsidiaries, provides risk management solutions for housing and lifestyle markets worldwide. The companyÂ’s Global Housing segment provides lender-placed, homeowners, voluntary manufactured housings, and floods insurance services; renters insurance and related products; and mortgage solutions comprising property inspection and preservation services, valuation and title services, and other property risk management services. Its Global Lifestyle segment offers mobile device protection products and related services, and extended service contracts for consumer electronics and appliances; vehicle protection services; and credit and other insurance services. The companyÂ’s Global Preneed segment provides pre-funded funeral insurance and annuity products. The company was formerly known as Fortis, Inc. and changed its name to Assurant, Inc. in February 2004. Assurant, Inc. was founded in 1969 and is headquartered in New York, New York.