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Close of 30 Oct 2026, in USD
About Majestic Capital
Its shares trade under the ticker MAJCQ. It has been listed since 21 December 2005. In the fiscal year to 31 December 2010, it reported revenue of $61.8m and a net loss of $48.6m. At that date it held total assets of $436.2m and shareholders' equity of $14.4m.
Majestic Capital Ltd. through its subsidiaries offers workers' compensation insurance coverage, reinsurance, and fee-based management services for self-insured entities. The company is a specialty provider of workers’ compensation insurance products. Its workers’ compensation insurance coverage is offered to employers in California, New York, New Jersey, Arizona, Nevada, and other states. The company provides workers’ compensation insurance products through Majestic Insurance. The firm offers primary workers’ compensation insurance through independent insurance brokers and agents to various size businesses. As of December 31, 2010, it had more than 1,032 policyholders. The firm focuses on contractors, transportation, healthcare, wholesale and retail, manufacturing, hospitality, colleges and universities and other classes on a case by case basis. Majestic Insurance offers three types of workers’ compensation insurance products and services: Guaranteed Cost Plans, Risk-Sharing Products and Excess and Frequency Coverage.
Figures and description from our data supplier, not checked against the company's own report.
Company facts
- Sector
- N/A
- Industry
- N/A
- Listed since
- 21 Dec 2005
- Employees
- 150
Leadership
Pay as last reported
- Keith HynesChairman of the Board, since 2005
- James ScardinoDeputy Chairman of the Board, Chief Executive Officer, Interim Chief Financial Officer, since 2005$582,388
- Chester WalczykChief Operating Officer$337,282
- Louis ViglottiGeneral Counsel, Secretary$332,717
- David BirsnerDirector
- Daniel HickeyDirector$3.6m
- Charles JohnstonDirector
- Philip MagnarellaDirector
- Salvatore PatafioDirector
- Louis RosnerDirector
Environmental, social and governance
Scores out of 100, from our data supplier
- Overall
- 0
- Environment
- 0
- Social
- 0
- Governance
- 0
SWOT analysis
AI-generated by our data supplier. Not written or checked by our editors.
Strengths
- Majestic Capital Ltd has several key strengths that contribute to its success. Firstly, the company boasts a strong financial position with substantial capital reserves, allowing for significant investments and potential growth opportunities. Additionally, the company has a highly skilled and experienced management team, ensuring effective decision-making and strategic planning. Furthermore, Majestic Capital Ltd has a diverse portfolio of assets, reducing the risk associated with reliance on a single sector or market. Finally, the company has established a reputation for excellent customer service, resulting in a loyal customer base and positive brand image.
Weaknesses
- Despite its strengths, Majestic Capital Ltd also faces certain weaknesses that could hinder its performance. One major weakness is the company's heavy reliance on external funding sources, which may limit financial flexibility and potentially expose the company to funding risks during times of economic uncertainty. Additionally, the company's limited geographical presence may restrict its ability to exploit global market opportunities. Furthermore, there could be a lack of diversification within the company's asset portfolio, leading to higher vulnerability to market fluctuations in specific sectors.
Opportunities
- Majestic Capital Ltd has identified several opportunities that could further propel its growth and success. Firstly, there is significant potential for expansion into emerging markets, as these regions present untapped investment possibilities. Secondly, the increasing trend towards sustainable and socially responsible investing offers an opportunity for Majestic Capital Ltd to develop and promote ESG-focused investment products. Moreover, advancements in technology and digitalization can be leveraged to enhance operational efficiency and customer engagement. Additionally, potential strategic partnerships and collaborations with other financial institutions can provide access to new markets and expertise.
Threats
- Majestic Capital Ltd must also address and mitigate potential threats that could impact its business. One significant threat is intense competition within the financial sector, which may put pressure on margins and market share. Economic downturns and market volatility can also pose risks to the company's investment portfolio. Regulatory changes and shifts in government policies can introduce compliance challenges and restrict business operations. Lastly, cybersecurity threats and data breaches pose a risk to the company's reputation and client trust, necessitating robust security measures.
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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