Insurance & Technology News
|
Highest Return on Equity in the Property & Casualty Insurance Industry Detected in Shares of Allied World Assurance (AWH, ERIE, Y, AFSI, FNF)
Feb 14, 2013 (SmarTrend(R) News Watch via COMTEX) --
Below are the three companies in the Property & Casualty 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.Allied World Assurance ranks highest with a ROE of 22.3%. Erie Indemnity is next with a ROE of 19.2%. Alleghany ranks third highest with a ROE of 17.7%.
Amtrust Financial Services follows with a ROE of 16.8%, and Fidelity National Financial rounds out the top five with a ROE of 16.5%.
SmarTrend recommended that subscribers consider buying shares of Fidelity National Financial on November 12th, 2012 as our technology indicated a new Uptrend was in progress when shares hit $22.97. Since that recommendation, shares of Fidelity National Financial have risen 12.5%. We continue to monitor Fidelity National Financial for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.
Write to Chip Brian at cbrian@mysmartrend.com
---------------------------------------------------------------------------------------------
SmarTrend analyzes over 5,000 securities simultaneously throughout the trading day and provides its subscribers with trend change alerts in real time. To get a free trial of our trading calls and maximize your trading results, please visit http://www.MySmarTrend.com
Get exclusive, actionable insight into how the market is expected to trend prior to market open with our free morning newsletter. Sign up at: http://www.MySmarTrend.com/signup
[ Back To Insurance Technology's Homepage ]
|
UPDATED 5:41 AM EST - May 26, 2013
|
|
Featured Editorial
Subscribe to eNews
Insurance Technology eNews delivers the latest news impacting technology in the insurance industry each week. Sign up to receive FREE breaking news today!
Online Demo
Insurance Technology RSS
|