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Top 5 Companies in the Property & Casualty Insurance Industry With the Highest Return on Equity (UVE, ERIE, PGR, SNC, ALL)

By Amy Schwartz

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 Insura ranks highest with a ROE of 2,681.2%. Following is Erie Indemnity-A with a ROE of 2,573.4%. Progressive Corp ranks third highest with a ROE of 2,053.9%.

State National C follows with a ROE of 1,753.3%, and Allstate Corp rounds out the top five with a ROE of 1,666.1%.

SmarTrend recommended that subscribers consider buying shares of State National C on April 5th, 2017 as our technology indicated a new Uptrend was in progress when shares hit $14.52. Since that recommendation, shares of State National C have risen 44.7%. We continue to monitor State National C for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: highest return on equity universal insura erie indemnity-a progressive corp :snc state national c allstate corp

Ticker(s): UVE ERIE PGR ALL