The Private Equity Group’s investment strategy is built around the specialized knowledge and expertise required to invest in insurance and insurance related services companies. For example:
- Insurance industry financial statements remain complicated, even with increased transparency, and use statutory accounting principles that differ materially from GAAP.
- Loss results are difficult to evaluate without specialized training.
- Assessing the risk potential of adverse market conditions brought about as a result of increased competition, regulatory changes or legal challenges requires specialized knowledge.
Century’s Principals possess the experience, specialized knowledge and risk assessment expertise necessary to invest in the insurance industry.