TSX:TSU - Post Discussion
Post by
retiredcf on Aug 18, 2024 2:10pm
Comparison
Which of these three offer the best growth potential over the next 5 years and why ? I can handle moderate risk. Which offers the best entry price ? Are there other CDN listed insurance companies I should consider ? DFY (property and casualty insurance) – consensus growth estimate over the next few years 6%-8%
IFC (property and casualty insurance and auto insurance) - consensus growth estimate over the next few years 6%
TSU (specialty insurance) - consensus growth estimate over the next few years 10%-12%.
TSU has the best growth, as the company reinvested the majority of its earnings back, and volume growth in TSU’s recent quarters is quite healthy. While TSU has the strongest growth, we think IFC could be the most balanced name between capital returns and growth.
Best entry price: TSU - $37, IFC - $242.
Another CDN-listed insurance company to consider is FFH (run by the CEO who used to be considered as the Warren Buffet of Canada) (5iResearch)
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