MTG or ACT: Which Multiline Insurance Stock is Better-Positioned?
MTGMGIC Investment (MTG) ZACKS·2024-06-19 22:45

Better pricing, prudent underwriting, increased exposure and faster economic recovery should help Multiline insurers to grow. The industry has risen 5.4% year to date compared with the Finance sector’s increase of 3.8%. The Zacks S&P 500 composite has witnessed an increase of 15% in the said time frame. Product diversification helps insurance industry players lower concentration risk and improve retention ratio. Image Source: Zacks Investment Research Accelerated digitalization will help the industry functi ...