Dark
Light
System
Institutional Investment Manager
Capital Returns Management, LLC
Capital Returns Management, LLC (CIK: 0001525092) incorporated in Delaware, located at 9 Timber Trail, Rye, NY. Institutional holdings reported to the SEC.

Institutional Holdings (2014Q4)
Portfolio Summary: 17 holdings with a total value of $137,512,000.
#
Name
Shares
Value ($)
%
Options
Notes
1 SYMETRA FINANCIAL INC 110,000 2,536,000 1.84%
2 ERIE INDEMNITY CO-CL A 31,996 2,904,000 2.11%
3 STATE AUTO FINL CORP COM 173,161 3,848,000 2.80%
4 EMPLOYERS HOLDINGS INC 163,861 3,852,000 2.80%
5 EMC INS GROUP INC COM 115,784 4,106,000 2.99%
6 CNA FINL CORP 114,783 4,443,000 3.23%
7 REINSURANCE GROUP AMER INC 72,356 6,340,000 4.61%
8 METLIFE INC 159,270 8,615,000 6.26%
9 Global Indemnity PLC 316,583 8,981,000 6.53%
10 PRIMERICA INC 180,000 9,767,000 7.10%
11 PRUDENTIAL FINL INC 111,900 10,122,000 7.36%
12 PROASSURANCE CORP COM 229,529 10,363,000 7.54%
13 RADIAN GROUP INC 687,702 11,498,000 8.36%
14 HARTFORD FINL SVCS GROUP INC 293,876 12,252,000 8.91%
15 GALLAGHER ARTHUR J & CO 263,680 12,414,000 9.03%
16 ALLSTATE CORP 178,789 12,560,000 9.13%
17 ASSURED GUARANTY LTD COM 496,750 12,911,000 9.39%

Portfolio data is normalized using SEC Form 13F filings, including the Original 13F-HR (0001140361-15-006856, filed 2015.02.17).

From 2023-01-03 onward, the SEC requires values to be reported in nearest dollars. Earlier filings reported values in thousands; therefore, positions shown as $0 in older filings may represent actual values between $0–$999.