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Stock impact report

3 P&C Insurance Stocks That Have Gained More Than 50% in 2024 [Yahoo! Finance]

Aon plc Class A Ordinary Shares (Ireland) (AON) 
Last aon plc class a ordinary shares (ireland) earnings: 5/1 06:00 am Check Earnings Report
Company Research Source: Yahoo! Finance
The Zacks Property and Casualty Insurance industry has performed well so far this year, riding on better pricing, prudent underwriting standards, increased exposure, streamlined operations, a wider global presence and a solid capital position. Increased technology advancements and an improving rate environment have added to the upside. However, geopolitical tensions, particularly conflicts in the Middle East and Ukraine, high inflation and catastrophe events, both natural and man-made put pressure on non-life insurance lines' profitability over the past few years. Despite these challenges, certain P&C insurance companies defied the odds and delivered impressive performances in 2024. These include Mercury General Corporation MCY, Axis Capital Holdings Limited AXS and Palomar Holdings, Inc. PLMR. These insurance players have not only outperformed the industry but have also crushed the Zacks S&P 500 composite and the Finance sector. These top-ranked stocks have rallied more than 50% y Show less Read more
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