Naveen Anand - Hallmark Financial CEO and Pres

HALLDelisted Stock  USD 0.69  0.11  13.75%   

CEO

Mr. Naveen Anand is President, Chief Executive Officer of the company effective September 8, 2014. Mr. Anand was an executive with Torus Insurance Holdings Limited from 2009 to 2013, serving first as the Global Chief Operating Officer for Torus Group before being promoted to Chief Executive Officer of Torus Americas. Previously, Mr. Anand was employed by CNA Financial Corporation where he served as Vice President from 2002 to 2005, as Senior Vice President and President of the Central Region from 2005 to 2006, as Senior Vice President and President and Chief Underwriting Officer for Commercial Insurance from 2006 to 2009, and as Chairman and President of CNA Claim Plus from 2008 to 2009. From 1988 to 2002, he was employed by Chubb Group of Insurance Companies where he began in the commercial underwriting department, was promoted to Regional Underwriting Manager in 1993, became Assistant Vice President for Commercial Lines in 1995, and rose to Vice President for Commercial Lines, New York Zone, in 1998. Mr. Anand began his insurance career in 1987 as a trainee underwriter with St. Paul Insurance Companies. since 2014.
Age 50
Tenure 10 years
Phone817 348 1600
Webhttps://www.hallmarkgrp.com
Anand joined Torus in 2009 as U.S. Chief Executive and Global Chief Operating Officer. In these roles, he oversaw the development of Torus' global operating platform and functional capabilities, as well as the formation and development of Torus' U.S. underwriting platforms, and was responsible for all Torus business lines and operations in North and South America. Under his leadership, Torus U.S. developed from a startup stage in late 2009 to over $250 million in gross written premiums across six key specialty business lines. Prior to joining Torus, Mr. Anand worked for CNA Financial Corporationration where he was responsible for its $3 billion commercial insurance business across all geographies for 11 business units. Prior to CNA, Mr. Anand worked at both Chubb Corporationration and at St. Paul Insurance Company.

Hallmark Financial Management Efficiency

The company has return on total asset (ROA) of (0.0455) % which means that it has lost $0.0455 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of (3.575) %, meaning that it created substantial loss on money invested by shareholders. Hallmark Financial's management efficiency ratios could be used to measure how well Hallmark Financial manages its routine affairs as well as how well it operates its assets and liabilities.
The company currently holds 105.36 M in liabilities with Debt to Equity (D/E) ratio of 1.25, which is about average as compared to similar companies. Hallmark Financial has a current ratio of 0.63, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Debt can assist Hallmark Financial until it has trouble settling it off, either with new capital or with free cash flow. So, Hallmark Financial's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Hallmark Financial sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Hallmark to invest in growth at high rates of return. When we think about Hallmark Financial's use of debt, we should always consider it together with cash and equity.

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Hallmark Financial Services, Inc. underwrites, markets, distributes, and services propertycasualty insurance products to businesses and individuals in the United States. The company was incorporated in 1987 and is headquartered in Dallas, Texas. Hallmark Fin operates under InsuranceProperty Casualty classification in the United States and is traded on NASDAQ Exchange. It employs 406 people. Hallmark Financial Services [HALL] is a Pink Sheet which is traded through a dealer network over-the-counter (OTC). Hallmark Financial is listed under Insurance category by Fama And French industry classification.

Management Performance

Hallmark Financial Leadership Team

Elected by the shareholders, the Hallmark Financial's board of directors comprises two types of representatives: Hallmark Financial inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Hallmark. The board's role is to monitor Hallmark Financial's management team and ensure that shareholders' interests are well served. Hallmark Financial's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Hallmark Financial's outside directors are responsible for providing unbiased perspectives on the board's policies.
Mark Schwarz, Executive Chairman
Peter McKeegan, VP Liability
Christopher CPA, CFO Pres
William Dunn, VP Officer
Kevin Kasitz, Executive VP and President of Personal Segment and President of Standard Commercial and COO - Millers General Agency Inc
Jeffrey Passmore, Principal Financial Officer, Chief Accounting Officer and Sr. VP
Mark Pape, Independent Director
Tarek Timol, Chief Operations
Janet Gustafson, VP Compliance
Barbara Sinclair, VP Leader
Michael Gramm, VP Auto
Jim Henderson, Independent Director
AU AIS, VP Casualty
Scott Berlin, Independent Director
James Graves, Independent Director
Naveen Anand, CEO and Pres
Pavinee Hat, Chief Officer

Hallmark Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right pink sheet is not an easy task. Is Hallmark Financial a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

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Other Consideration for investing in Hallmark Pink Sheet

If you are still planning to invest in Hallmark Financial check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Hallmark Financial's history and understand the potential risks before investing.
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