Assurant or Old Republic: Which Multiline Insurer Has an Edge?
Assurant(AIZ) ZACKS·2024-09-24 23:41
Better pricing, prudent underwriting, increased exposure and faster economic recovery should help Multiline insurers to grow. The industry has returned 17.7% year to date compared with the Finance sector’s growth of 15.3%. The Zacks S&P 500 composite has witnessed an increase of 19.6% in the said time frame. Product diversification helps insurance industry players lower concentration risk and improve retention ratio. YTD PerformanceImage Source: Zacks Investment ResearchAccelerated digitalization will help ...