Gerova Financial Group Ltd
OTC:GVFG
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Gerova Financial Group Ltd
GEROVA Financial Group Ltd. engages in the property and casualty insurance and reinsurance services. Through its insurance subsidiaries, the Company underwrites annuity and life insurance risks. The investment portfolio derived from its insurance reserves, or its float, is allocated across traditional fixed income and equity investments, as well as asset classes. The company focuses on engaging in active investment strategies, such as directly making secured loans to middle market companies in select industries underserved by banks. In January 2010, it acquired an 81.5% interest in Amalphis, the parent company of Allied Provident.
GEROVA Financial Group Ltd. engages in the property and casualty insurance and reinsurance services. Through its insurance subsidiaries, the Company underwrites annuity and life insurance risks. The investment portfolio derived from its insurance reserves, or its float, is allocated across traditional fixed income and equity investments, as well as asset classes. The company focuses on engaging in active investment strategies, such as directly making secured loans to middle market companies in select industries underserved by banks. In January 2010, it acquired an 81.5% interest in Amalphis, the parent company of Allied Provident.
