• Return to Headlines

Universal Insurance Holdings is Among the Companies in the Property & Casualty Insurance Industry With the Highest Return on Equity (UVE, AFSI, ERIE, AGO, PGR)

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 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 its subscribers protect gains by selling shares of Amtrust Financial Services on November 11th, 2015 by issuing a Downtrend alert when the shares were trading at $30.95. Since that call, shares of Amtrust Financial Services have fallen 17.1%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.

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