A nice market correction should do the trick. I own this as a long term holder but am ready to buy a lot more under 15. The management is great. If you know the industry, you appreciate ORI management ...A LOT.
Great company, great future, great dividend.
I agree under 15 is a gift, I would disagree about Zucaro, he's not great, but a grumpy old man that needs to retire. He bought PMI and MTG for 400+ million and PMI went BK, MTG needs to get back to 15 or so to breakeven.....GREAT, I don't think so. I like ORI, but come on anyone that makes that boneheaded of a move needs to move on.
Not to mention the LandAmerica maneuver....they also went BK. He's single handedly lost a half a billion dollars for ORI. Why he is still there, I don't know. Luckily the Title division market share has doubled, no thanks to him and the General Insurance lines are steady. Work comp is going to be lumpy through the end of the year....overall they are in good shape, just had to disagree on the mgmnt comment.