Duby, seems your the only one besides me that's concerned where Seabrights profits end up. I'm still waiting for my first check. Management and the directors could care less about small shareholders, like me and I presume you also. It would be nice to hear from other shareholder, concerned with sharing the profits.
I, too, am sort of concerned by the lack of a dividend in a financial such as this one... but at the moment I'm more concerned with the fact that Seabright doesn't seem to be very well-placed to meet or beat expectations moving forward... the statement "our competitors are offering prices we deem unacceptable" (not exact, it was something like that last quarterly report) sent chills down my spine when I read it.
This is a prudent undewriting company that prices risks to acheive a specific underwriting profit. With AIG as their primary competitor for maritime and construction workers' comp risks, it will be very interesting to see if the changes at AIG will play into SEAB's hand from a profitable growth perspective. Could be a break-out opportunity for SEAB if AIG's or their successor changes risk appetite and/or pricing. Any thoughts?