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American International is Among the Companies in the Multi-line Insurance Industry With the Highest Return on Equity (AIG, AIZ, AFG, HCC, HMN)
Jan 14, 2013 (SmarTrend(R) News Watch via COMTEX) --
Below are the three companies in the Multi-line Insurance industry with the highest return on equity. The ROE is a general indication of the company's efficiency; investors usually look for companies with ROEs that are high and are growing.American International ranks highest with a ROE of 29.0%. Following is Assurant with a ROE of 12.1%. American Financial ranks third highest with a ROE of 11.8%.
HCC Insurance Holdings follows with a ROE of 10.5%, and Horace Mann Educators rounds out the top five with a ROE of 9.2%.
SmarTrend recommended that subscribers consider buying shares of Horace Mann Educators on December 3rd, 2012 as our technology indicated a new Uptrend was in progress when shares hit $19.31. Since that recommendation, shares of Horace Mann Educators have risen 10.0%. We continue to monitor Horace Mann Educators for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.
Write to Chip Brian at cbrian@mysmartrend.com
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UPDATED 8:06 PM EST - Jun 19, 2013
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