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Stock impact report

4 P&C Insurance Stocks With Decent Dividend for a Steady Return [Yahoo! Finance]

Hanover Insurance Group Inc (THG) 
Last hanover insurance group inc earnings: 4/28 04:13 pm Check Earnings Report
US:NYSE Investor Relations: www2.snl.com/irw/corporateprofile/103541
Company Research Source: Yahoo! Finance
With the ongoing economic expansion, insurers remain well-poised for growth. The buoyancy in the industry is further confirmed by its Zacks Industry Rank #40, which places it in the top 16% of more than 246 Zacks industries. However, industry players continue to grapple with issues like higher catastrophe events, both natural and man-made, which drag down underwriting profit. Per CoreLogic, the risk modelling and catastrophe data company, the initial estimate for insured losses from the Los Angeles, CA, wildfires is expected to be between $35 billion and $45 billion. Per Moody's RMS Event Response, the insured losses for the January 2025 Los Angeles firestorm events are estimated in the range of $20-$30 billion. Despite these challenges surrounding the industry, the property and casualty (P&C) insurance industry has returned 16.6% in the year-to-date period, outperforming the Finance sector's growth of 3.4% and the Zacks S&P 500 composite's decline of 4.1%. Image Source: Zacks Show less Read more
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