• Return to Headlines

Shares of Universal Insurance Holdings Rank the Highest in Terms of Return on Equity in the Property & Casualty Insurance Industry (UVE, AFSI, ERIE, AGO, PGR)

By Nick Russo

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.

Universal Insurance Holdings ranks highest with a ROE of 41.7%. Following is Amtrust Financial Services with a ROE of 25.0%. Erie Indemnity ranks third highest with a ROE of 22.5%.

Assured Guaranty follows with a ROE of 20.7%, and Progressive rounds out the top five with a ROE of 18.2%.

SmarTrend recommended that subscribers consider buying shares of Universal Insurance Holdings on May 25th, 2016 as our technology indicated a new Uptrend was in progress when shares hit $19.33. Since that recommendation, shares of Universal Insurance Holdings have risen 29.4%. We continue to monitor Universal Insurance Holdings for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: highest return on equity amex:uve universal insurance holdings amtrust financial services erie indemnity assured guaranty Progressive