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Universal Insura has the Highest Return on Equity in the Property & Casualty Insurance Industry (UVE, ERIE, PGR, ALL, WTM)

By James Quinn

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

Allstate Corp follows with a ROE of 1,666.1%, and White Mountains rounds out the top five with a ROE of 1,562.5%.

SmarTrend recommended that subscribers consider buying shares of White Mountains on May 8th, 2019 as our technology indicated a new Uptrend was in progress when shares hit $946.90. Since that recommendation, shares of White Mountains have risen 13.9%. We continue to monitor White Mountains 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 allstate corp white mountains

Ticker(s): UVE ERIE PGR ALL WTM