Resurging Economy Bolster Sales, Demand - Research Report on Radian Group, PartnerRe, The Hanover Insurance Group, Alleghany and Allied World Assurance

Wed Mar 20, 2013 8:01am EDT

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NEW YORK,  March 20, 2013  /PRNewswire/ --

Today, Wall Street Source announced new research reports highlighting Radian
Group Inc (NYSE:RDN), PartnerRe Ltd (NYSE:PRE), The Hanover Insurance Group,
Inc. (NYSE:THG), Alleghany Corporation (NYSE:Y) and Allied World Assurance Co
Holdings, AG. (NYSE:AWH). Today's readers may access these reports free of
charge - including full price targets, industry analysis and analyst ratings -
via the links below.

Radian Group Inc Research Report

Radian Group has announced that it has brought in  Phillip Bracken  as its Chief
Policy Officer for Government and Industry Relations, a newly created post where
Bracken will be representing the company in the US Congress in an effort to
create a more traditional balance between private and public capital in the
mortgage finance market. Earlier this month, Radian's shares shot up 11 percent
after Barclays upgraded the company as "overweight" from "underweight," citing
more upside than downside existing in the sector and anticipates earnings of
Radian as well as other mortgage insurers will normalize by 2015 as legacy
losses are wiped off the books. The Barclays analyst placed a price target of 
$14  on Radian, or 42 percent upside from its share price that week. The Full
Research Report on Radian Group Inc - including full detailed breakdown, analyst
ratings and price targets - is available to download free of charge at:
[http://www.wallstsource.com/r/full_research_report/e1e9_RDN]

--

PartnerRe Ltd Research Report

Property-casualty and life reinsurer PartnerRe's board approved a new stock
repurchase program worth 6 million shares earlier this month, effective  March
6. The authorization supersedes the company's previous authorization of  August
2012, where company previously bought back about 2.7 million shares for  $218
million. The company has repurchased 0.4 million shares so far this year,
leaving the aforementioned amount of available shares under the previous
authorization. Last year, PartnerRe repurchased 7.1 million shares for  $532.9
million, higher than  $396.2 million  of stock bought back in 2011. In addition,
it also acquired Presidio Reinsurance Group for about  $72 million  plus
tangible book value to further elevate its capital position. The Full Research
Report on PartnerRe Ltd - including full detailed breakdown, analyst ratings and
price targets - is available to download free of charge at:
[http://www.wallstsource.com/r/full_research_report/de55_PRE]

--

The Hanover Insurance Group, Inc. Research Report

Hanover Insurance recently partnered with OMS National Insurance to create a
program of comprehensive property and casualty insurance products and service
solutions to the latter's insured oral and maxillofacial surgeons. The benefits
include a Worker's Compensation group dividend program, replacement cost of +15%
for defined dental equipment, increased electronic data, virus, and hacking
coverage, among others to OMS National's clientele. Meanwhile,  Hanover 
announced a quarterly dividend payout of  33 cents  per share payable on  March
29  to shareholders of record on  March 15, 2013. The Full Research Report on
The Hanover Insurance Group, Inc. - including full detailed breakdown, analyst
ratings and price targets - is available to download free of charge at:
[http://www.wallstsource.com/r/full_research_report/5acb_THG]

--

Alleghany Corporation Research Report

Alleghany released its Q4 and full year 2012 results, posting a net loss of 
$92.6 million  or  $5.47  per share compared to net earnings of  $37.7 million 
or  $4.38  per share year over year, due to an after-tax underwriting loss of 
$267.8 million  and after-tax investment income of  $8.6 million  from
Superstorm Sandy. The results were also impacted by the company's merger with
Transatlantic Holdings, Inc. which closed on  March 6  last year, wherein the
full year results included TransRe's operations subsequent to the closing date.
For the full year, net earnings came in at  $702.2 million  or  $45.48  per
share, compared with  $143.3 million  or  $16.26  per common share for 2011. The
Full Research  Alleghany Corporation  - including full detailed breakdown,
analyst ratings and price targets - is available to download free of charge at:
[http://www.wallstsource.com/r/full_research_report/31e7_Y]

--

Allied World Assurance Co Holdings, AG. Research Report

Allied World Assurance's board proposed a 33% increase in its quarterly dividend
recently, from  37.5 cents  to  50 cents  per share, which is still subject to
approval by the company's shareholders at the Allied World 2013 Annual
Shareholder Meeting to be held on  May 2, 2013. The payments will be made from
general legal reserve from capital contributions. If approved, the company's
hike will translate into an annual dividend yield of 2.27 percent, based on the
closing share price of  $88.12  as of  Mar 8. The current dividend yield is much
lower at 1.70 percent. With that, Allied World will require  $69.6 million  for
dividend payment in 2013, based on the 34.8 million shares outstanding as of 
Dec 31, 2012. The Full Research Report on Allied World Assurance Co Holdings,
AG. - including full detailed breakdown, analyst ratings and price targets - is
available to download free of charge at:
[http://www.wallstsource.com/r/full_research_report/44cd_AWH]

--

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SOURCE  Wall Street Source

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