Sector Alpha Week of 2026-07-28
20-quarter listed-company comparison

Insurance - Property & Casualty Stocks

Insurance - Property & Casualty: The Allstate Corporation owns the largest revenue base; White Mountains Insurance Group, Ltd. has the fastest current growth.

The industry itself · before any single company

How has Insurance - Property & Casualty moved against S&P 500?

The line below covers 5.2 years. Over the most recent two of them this industry is 16% ahead of S&P 500. Earnings across its companies grew 34% on average over the last four reported quarters. It has been ahead of S&P 500 on a rolling three-month view for 6 weeks running.

BREAKING OUT · ahead 6wPrice and the fundamentals both up33 of 44 companies ahead of S&P 500 by 5% or more over three months4 are 20% or more behind over a year while earnings grew 20% or more

RS ↑6w · 36/44 >200d (+0) · 33/44 lead (+15) · EPS 39/44↑

200300400202620252024202320222021 391348 TRAILING 12-MONTH EPS · 100 AT THE START0100143Mar 22Sep 22Mar 23Sep 23Mar 24Sep 24Mar 25Sep 25Mar 26Mar 2022 · trailing 12-month earnings per share at 100, against 100 at the start · no comparable year yet · 25 reportingJun 2022 · trailing 12-month earnings per share at 73, against 100 at the start · no comparable year yet · 25 reportingSep 2022 · trailing 12-month earnings per share at 60, against 100 at the start · no comparable year yet · 25 reportingDec 2022 · trailing 12-month earnings per share at 48, against 100 at the start · no comparable year yet · 25 reportingMar 2023 · trailing 12-month earnings per share at 44, against 100 at the start · down 70.6% on a year ago · 25 reportingJun 2023 · trailing 12-month earnings per share at 60, against 100 at the start · down 17.7% on a year ago · 25 reportingSep 2023 · trailing 12-month earnings per share at 84, against 100 at the start · up 7.0% on a year ago · 25 reportingDec 2023 · trailing 12-month earnings per share at 99, against 100 at the start · up 8.9% on a year ago · 27 reportingMar 2024 · trailing 12-month earnings per share at 105, against 100 at the start · up 82.5% on a year ago · 27 reportingJun 2024 · trailing 12-month earnings per share at 101, against 100 at the start · up 48.8% on a year ago · 27 reportingSep 2024 · trailing 12-month earnings per share at 118, against 100 at the start · up 50.2% on a year ago · 27 reportingDec 2024 · trailing 12-month earnings per share at 115, against 100 at the start · up 29.0% on a year ago · 29 reportingMar 2025 · trailing 12-month earnings per share at 101, against 100 at the start · up 14.6% on a year ago · 29 reportingJun 2025 · trailing 12-month earnings per share at 121, against 100 at the start · up 40.0% on a year ago · 29 reportingSep 2025 · trailing 12-month earnings per share at 128, against 100 at the start · up 19.6% on a year ago · 29 reportingDec 2025 · trailing 12-month earnings per share at 133, against 100 at the start · up 35.7% on a year ago · 29 reportingMar 2026 · trailing 12-month earnings per share at 143, against 100 at the start · up 40.9% on a year ago · 29 reportingNot reported yet — earnings trail price by a quarter or two143 · Mar 26No earnings on file this far back — the price series reaches further than the filings do
200300400202620252024202320222021 391348 TRAILING 12-MONTH EPS · 100 AT THE START0100143Mar 22Mar 23Mar 24Mar 25Mar 26Mar 2022 · trailing 12-month earnings per share at 100, against 100 at the start · no comparable year yet · 25 reportingJun 2022 · trailing 12-month earnings per share at 73, against 100 at the start · no comparable year yet · 25 reportingSep 2022 · trailing 12-month earnings per share at 60, against 100 at the start · no comparable year yet · 25 reportingDec 2022 · trailing 12-month earnings per share at 48, against 100 at the start · no comparable year yet · 25 reportingMar 2023 · trailing 12-month earnings per share at 44, against 100 at the start · down 70.6% on a year ago · 25 reportingJun 2023 · trailing 12-month earnings per share at 60, against 100 at the start · down 17.7% on a year ago · 25 reportingSep 2023 · trailing 12-month earnings per share at 84, against 100 at the start · up 7.0% on a year ago · 25 reportingDec 2023 · trailing 12-month earnings per share at 99, against 100 at the start · up 8.9% on a year ago · 27 reportingMar 2024 · trailing 12-month earnings per share at 105, against 100 at the start · up 82.5% on a year ago · 27 reportingJun 2024 · trailing 12-month earnings per share at 101, against 100 at the start · up 48.8% on a year ago · 27 reportingSep 2024 · trailing 12-month earnings per share at 118, against 100 at the start · up 50.2% on a year ago · 27 reportingDec 2024 · trailing 12-month earnings per share at 115, against 100 at the start · up 29.0% on a year ago · 29 reportingMar 2025 · trailing 12-month earnings per share at 101, against 100 at the start · up 14.6% on a year ago · 29 reportingJun 2025 · trailing 12-month earnings per share at 121, against 100 at the start · up 40.0% on a year ago · 29 reportingSep 2025 · trailing 12-month earnings per share at 128, against 100 at the start · up 19.6% on a year ago · 29 reportingDec 2025 · trailing 12-month earnings per share at 133, against 100 at the start · up 35.7% on a year ago · 29 reportingMar 2026 · trailing 12-month earnings per share at 143, against 100 at the start · up 40.9% on a year ago · 29 reportingNot reported yet — earnings trail price by a quarter or two143No earnings on file this far back — the price series reaches further than the filings do
Insurance - Property & Casualty, equal-weighted, based at 200 S&P 500, same base, same start trailing 12-month earnings per share rising falling
Strength anatomy Broadening down the ladderHow much of the industry is participating, how recently, and whether the movers score well.
Together33 of 44 stocks moving
Fresh15 crossed in the last 4 weeks
Backed by scoresmovers score +2 vs the industry average
Down the cap ladder — bar is now, tick is four weeks ago
Large 8/9+5
Mid 15/16+8
Small 10/19+2

Participation is spreading downward — the mid and small companies added more this month than the large ones did.

Both lines start at 200 in the same week, so the distance between them is the whole story: the industry line is an equal-weighted index of its 44 companies. The bars underneath are trailing 12-month earnings per share, one bar per reported quarter, each member rebased to 100 at the start and the industry taking the median — so a price line pulling away from flat bars is a re-rating, not earnings. A bar turns red when that figure is lower than the quarter before. Rules are fixed and applied identically everywhere on this site: ahead by 5% or more over three months, or behind by 20% or more over a year while earnings grew 20% or more. Hover any point to read both values and the gap. This is a description of what the numbers did, not advice.

Sector relative strength · before individual stocks

Is Insurance - Property & Casualty outperforming S&P 500?

Insurance - Property & Casualty has outperformed S&P 500 by 6.4% over the last 52 weeks. Over 13 weeks the gap is a lead of 14.1%. 20 of 30 covered companies currently beat the S&P 500 on Mansfield relative strength, so leadership inside the sector is selective. United Fire Group, Inc. is the strongest against the sector itself at +18.7%.

+14.1%Sector vs S&P 500 · 13 weeks
+6.4%Sector vs S&P 500 · 52 weeks
20/30Stocks leading S&P 500
12/30Stocks leading sector

Sector metric: — as of latest available · unclassified · direction unavailable.

The central tension: the companies with the most scale are not necessarily the companies creating the most change.

Start with scale. Then earnings trajectory. Then business quality. Only after those three agree should price leadership carry much weight.

Bottom line

Insurance - Property & Casualty has outperformed S&P 500 by 6.4% over 52 weeks and 14.1% over 13 weeks. 20 of 30 covered companies beat the S&P 500 on Mansfield relative strength, while 12 of 30 beat the sector itself. The Allstate Corporation leads with income of $68,174 million, based on 21 of 30 comparable companies through Mar 2026.

Is the Insurance - Property & Casualty sector outperforming S&P 500?

Insurance - Property & Casualty has outperformed S&P 500 by 6.4% over 52 weeks and 14.1% over 13 weeks. 20 of 30 covered companies beat the S&P 500 on Mansfield relative strength, while 12 of 30 beat the sector itself.

Which Insurance - Property & Casualty company is largest by income?

The Allstate Corporation leads with income of $68,174 million, based on 21 of 30 comparable companies through Mar 2026.

Which Insurance - Property & Casualty company is growing fastest?

White Mountains Insurance Group, Ltd. has the fastest current income growth at 69.3%, across 21 of 30 comparable companies.

Which Insurance - Property & Casualty company has the strongest 4-Factor Sector Score?

Slide Insurance Holdings, Inc. ranks first at 75.4/100 with 70% evidence confidence. The score prioritizes research; it is not a buy recommendation.

Which Insurance - Property & Casualty company has the lowest comparable P/BV-to-ROE?

Slide Insurance Holdings, Inc. has the lowest comparable P/BV ÷ ROE at 0.11, among 23 of 30 companies that pass the metric’s comparability rules.

How much history does this Insurance - Property & Casualty comparison include?

The page compares up to 20 reported quarters per company for fundamentals, CAPEX, debt and valuation, ending Jun 2026. Missing observations remain blank rather than being estimated.

How is the 4-Factor Sector Score calculated?

The four visible contributions add directly: growth and earnings up to 35 points, capital efficiency up to 25, valuation up to 20, and relative strength up to 20. Missing or stale evidence moves only the affected contribution toward neutral.

Companies
30
complete canonical membership
Combined market value
$650.0B
Chubb Limited
Revenue growing
20/21
positive TTM year-on-year growth
Beating S&P 500
20/30
positive Mansfield relative strength
Global company selection
00 · research priority, made explicit

4-Factor Sector Score

An additive sector-relative research score. The four displayed point contributions always equal the total: Growth & earnings (35), Capital efficiency (25), Valuation (20), and Relative strength (20). Missing or stale evidence is absorbed inside the affected factor, never applied as a hidden adjustment.

Growth & earnings · 35%Capital efficiency · 25%Valuation · 20%Relative strength · 20%
Slide Insurance Holdings, Inc. has the strongest current balance of earnings trajectory, business quality, valuation and price confirmation, with 70% evidence confidence.
Safety Insurance Group, Inc. has stronger price confirmation than earnings confirmation; that is a research prompt, not permission to chase.

Missing observations are not scored as bad. Their missing weight lowers confidence and pulls the final score toward neutral. Financial companies use P/BV÷ROE and asset quality; PEG, industrial OPM and ROCE are excluded.

1. Slide Insurance Holdings, Inc. · SLDE

75.4/100 · Favorable setup · 70% evidence

Exact sum: 24.7 + 20.8 + 14.5 + 15.4 = 75.4

Decision use: Confirmed research leader: earnings, capital efficiency and relative strength agree. Move to management, catalyst and risk diligence.

24.7/35Growth & earnings

Income 36.1% · PAT 100%

71% evidence

20.8/25Capital efficiency

ROA 5.8% · ROE 17% · GNPA —

68% evidence

14.5/20Valuation

P/BV 1.9× · P/BV÷ROE 0.11

70% evidence

15.4/20Relative strength

RS sector 7.2% · RS bench 15.4% · 1Y 17%

70% evidence

2. The Allstate Corporation · ALL

69.4/100 · Favorable setup · 76% evidence

Exact sum: 23.7 + 15.6 + 12.1 + 18 = 69.4

Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.

23.7/35Growth & earnings

Income 4.4% · PAT 100%

71% evidence

15.6/25Capital efficiency

ROA 2.1% · ROE 9.2% · GNPA —

68% evidence

12.1/20Valuation

P/BV 1.69× · P/BV÷ROE 0.18

70% evidence

18.0/20Relative strength

RS sector 10.9% · RS bench 19.3% · 1Y 36.4%

100% evidence

3. The Travelers Companies, Inc. · TRV

61.4/100 · Mixed-positive evidence · 60% evidence

Exact sum: 19.9 + 15 + 7.8 + 18.7 = 61.4

Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.

19.9/35Growth & earnings

Income — · PAT —

26% evidence

15.0/25Capital efficiency

ROA 1.6% · ROE 7% · GNPA —

68% evidence

7.8/20Valuation

P/BV 2.08× · P/BV÷ROE 0.3

70% evidence

18.7/20Relative strength

RS sector 16.2% · RS bench 25% · 1Y 53.8%

100% evidence

4. Mercury General Corporation · MCY

58.6/100 · Mixed-positive evidence · 67% evidence

Exact sum: 21.7 + 15.1 + 10.2 + 11.6 = 58.6

Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.

21.7/35Growth & earnings

Income 9.7% · PAT 100%

45% evidence

15.1/25Capital efficiency

ROA 2.1% · ROE 8.6% · GNPA —

68% evidence

10.2/20Valuation

P/BV 1.89× · P/BV÷ROE 0.22

70% evidence

11.6/20Relative strength

RS sector 4.3% · RS bench 12.4% · 1Y 60.9%

100% evidence

5. Skyward Specialty Insurance Group, Inc. · SKWD

57.5/100 · Mixed-positive evidence · 76% evidence

Exact sum: 19.5 + 12.2 + 6.7 + 19.1 = 57.5

Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.

19.5/35Growth & earnings

Income 28.9% · PAT 43.5%

71% evidence

12.2/25Capital efficiency

ROA 1.1% · ROE 4.8% · GNPA —

68% evidence

6.7/20Valuation

P/BV 1.59× · P/BV÷ROE 0.33

70% evidence

19.1/20Relative strength

RS sector 12.3% · RS bench 20.6% · 1Y 27.1%

100% evidence

6. United Fire Group, Inc. · UFCS

57.4/100 · Mixed-positive evidence · 70% evidence

Exact sum: 22.3 + 9.8 + 8.3 + 17 = 57.4

Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.

22.3/35Growth & earnings

Income 10.6% · PAT 97%

71% evidence

9.8/25Capital efficiency

ROA 0.9% · ROE 3.4% · GNPA —

68% evidence

8.3/20Valuation

P/BV 1× · P/BV÷ROE 0.29

70% evidence

17.0/20Relative strength

RS sector 18.7% · RS bench 28% · 1Y 102.1%

70% evidence

7. W. R. Berkley Corporation · WRB

56.4/100 · Mixed-positive evidence · 60% evidence

Exact sum: 21.4 + 17.9 + 8.6 + 8.5 = 56.4

Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.

21.4/35Growth & earnings

Income — · PAT —

26% evidence

17.9/25Capital efficiency

ROA 2.2% · ROE 9.7% · GNPA —

68% evidence

8.6/20Valuation

P/BV 2.54× · P/BV÷ROE 0.26

70% evidence

8.5/20Relative strength

RS sector -6.6% · RS bench 0.3% · 1Y 10%

100% evidence

8. The Hanover Insurance Group, Inc. · THG

56.2/100 · Mixed-positive evidence · 76% evidence

Exact sum: 20.4 + 12.9 + 7.7 + 15.2 = 56.2

Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.

20.4/35Growth & earnings

Income 6.4% · PAT 64.8%

71% evidence

12.9/25Capital efficiency

ROA 1.2% · ROE 5.6% · GNPA —

68% evidence

7.7/20Valuation

P/BV 1.7× · P/BV÷ROE 0.3

70% evidence

15.2/20Relative strength

RS sector 5.8% · RS bench 13.8% · 1Y 32.8%

100% evidence

9. RLI Corp. · RLI

54.7/100 · Mixed-positive evidence · 60% evidence

Exact sum: 20.5 + 17.7 + 6.6 + 9.9 = 54.7

Decision use: Strong business, demanding price: keep it on the quality list, but require either earnings upgrades or valuation compression.

20.5/35Growth & earnings

Income — · PAT —

26% evidence

17.7/25Capital efficiency

ROA 2.7% · ROE 9.6% · GNPA —

68% evidence

6.6/20Valuation

P/BV 3.09× · P/BV÷ROE 0.32

70% evidence

9.9/20Relative strength

RS sector -6.8% · RS bench 0% · 1Y -1.2%

100% evidence

10. HCI Group, Inc. · HCI

53.9/100 · Mixed-positive evidence · 62% evidence

Exact sum: 22.2 + 13.9 + 11.6 + 6.2 = 53.9

Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.

22.2/35Growth & earnings

Income 22.1% · PAT 100%

55% evidence

13.9/25Capital efficiency

ROA — · ROE 9.9% · GNPA —

34% evidence

11.6/20Valuation

P/BV 1.83× · P/BV÷ROE 0.18

70% evidence

6.2/20Relative strength

RS sector -9.1% · RS bench -2.3% · 1Y 29.1%

100% evidence

11. Porch Group, Inc. · PRCH

52.8/100 · Thin evidence · provisional · 55% evidence

Exact sum: 20.3 + 11.6 + 9.8 + 11.1 = 52.8

Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral.

20.3/35Growth & earnings

Income 16.6% · PAT —

45% evidence

11.6/25Capital efficiency

ROA 2.2% · ROE -67.4% · GNPA —

68% evidence

9.8/20Valuation

P/BV -29.88× · P/BV÷ROE —

10% evidence

11.1/20Relative strength

RS sector -3.5% · RS bench 3.3% · 1Y 2.7%

100% evidence

12. Assurant, Inc. · AIZ

52.6/100 · Mixed-positive evidence · 76% evidence

Exact sum: 21.1 + 11.3 + 5.9 + 14.3 = 52.6

Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.

21.1/35Growth & earnings

Income 9% · PAT 49%

71% evidence

11.3/25Capital efficiency

ROA 0.8% · ROE 4.9% · GNPA —

68% evidence

5.9/20Valuation

P/BV 1.84× · P/BV÷ROE 0.38

70% evidence

14.3/20Relative strength

RS sector 5.2% · RS bench 13.3% · 1Y 51.8%

100% evidence

13. Palomar Holdings, Inc. · PLMR

52.1/100 · Mixed-positive evidence · 62% evidence

Exact sum: 21.7 + 12.2 + 3.5 + 14.7 = 52.1

Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.

21.7/35Growth & earnings

Income 60.4% · PAT 47%

55% evidence

12.2/25Capital efficiency

ROA — · ROE 4.9% · GNPA —

34% evidence

3.5/20Valuation

P/BV 3.3× · P/BV÷ROE 0.67

70% evidence

14.7/20Relative strength

RS sector 0.7% · RS bench 8.2% · 1Y 10.4%

100% evidence

14. Kinsale Capital Group, Inc. · KNSL

48.0/100 · Mixed-negative evidence · 60% evidence

Exact sum: 18.6 + 18.3 + 5.1 + 6 = 48

Decision use: Strong business, demanding price: keep it on the quality list, but require either earnings upgrades or valuation compression.

18.6/35Growth & earnings

Income — · PAT —

26% evidence

18.3/25Capital efficiency

ROA 3% · ROE 9.4% · GNPA —

68% evidence

5.1/20Valuation

P/BV 3.69× · P/BV÷ROE 0.39

70% evidence

6.0/20Relative strength

RS sector -15.7% · RS bench -9.6% · 1Y -16.7%

100% evidence

15. Old Republic International Corporation · ORI

45.6/100 · Mixed-negative evidence · 60% evidence

Exact sum: 20 + 12.3 + 7.4 + 5.9 = 45.6

Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.

20.0/35Growth & earnings

Income — · PAT —

26% evidence

12.3/25Capital efficiency

ROA 1.1% · ROE 5.3% · GNPA —

68% evidence

7.4/20Valuation

P/BV 1.64× · P/BV÷ROE 0.31

70% evidence

5.9/20Relative strength

RS sector -6.8% · RS bench 0.1% · 1Y 23.7%

100% evidence

16. The Progressive Corporation · PGR

44.6/100 · Mixed-negative evidence · 60% evidence

Exact sum: 15.1 + 18.3 + 5.6 + 5.6 = 44.6

Decision use: Strong business, demanding price: keep it on the quality list, but require either earnings upgrades or valuation compression.

15.1/35Growth & earnings

Income — · PAT —

26% evidence

18.3/25Capital efficiency

ROA 2.8% · ROE 9.9% · GNPA —

68% evidence

5.6/20Valuation

P/BV 3.61× · P/BV÷ROE 0.36

70% evidence

5.6/20Relative strength

RS sector -12.8% · RS bench -6.4% · 1Y -8.9%

100% evidence

17. Selective Insurance Group, Inc. · SIGI

44.3/100 · Mixed-negative evidence · 60% evidence

Exact sum: 18.2 + 10.8 + 5.3 + 10 = 44.3

Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.

18.2/35Growth & earnings

Income — · PAT —

26% evidence

10.8/25Capital efficiency

ROA 0.9% · ROE 3.7% · GNPA —

68% evidence

5.3/20Valuation

P/BV 1.59× · P/BV÷ROE 0.43

70% evidence

10.0/20Relative strength

RS sector -2% · RS bench 5.5% · 1Y 21.9%

100% evidence

18. Cincinnati Financial Corporation · CINF

42.4/100 · Mixed-negative evidence · 67% evidence

Exact sum: 22.9 + 8.2 + 3.8 + 7.5 = 42.4

Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.

22.9/35Growth & earnings

Income 17.9% · PAT 90.5%

45% evidence

8.2/25Capital efficiency

ROA 0.7% · ROE 1.9% · GNPA —

68% evidence

3.8/20Valuation

P/BV 1.55× · P/BV÷ROE 0.81

70% evidence

7.5/20Relative strength

RS sector -3.5% · RS bench 3.8% · 1Y 24.9%

100% evidence

19. Chubb Limited · CB

42.4/100 · Mixed-negative evidence · 60% evidence

Exact sum: 14.9 + 12.2 + 4.9 + 10.4 = 42.4

Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.

14.9/35Growth & earnings

Income — · PAT —

26% evidence

12.2/25Capital efficiency

ROA 1.1% · ROE 3.7% · GNPA —

68% evidence

4.9/20Valuation

P/BV 1.75× · P/BV÷ROE 0.47

70% evidence

10.4/20Relative strength

RS sector 1.2% · RS bench 8.9% · 1Y 35.9%

100% evidence

20. Safety Insurance Group, Inc. · SAFT

41.9/100 · Thin evidence · provisional · 58% evidence

Exact sum: 9.6 + 5.8 + 9.8 + 16.7 = 41.9

Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral.

9.6/35Growth & earnings

Income 10.8% · PAT -13.7%

71% evidence

5.8/25Capital efficiency

ROA -0.6% · ROE -1.7% · GNPA —

68% evidence

9.8/20Valuation

P/BV 1.25× · P/BV÷ROE —

10% evidence

16.7/20Relative strength

RS sector 18.5% · RS bench 27.3% · 1Y 48.7%

70% evidence

21. White Mountains Insurance Group, Ltd. · WTM

41.2/100 · Mixed-negative evidence · 64% evidence

Exact sum: 21.3 + 6 + 9.8 + 4.1 = 41.2

Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.

21.3/35Growth & earnings

Income 69.3% · PAT 100%

71% evidence

6.0/25Capital efficiency

ROA 0% · ROE -0.5% · GNPA —

68% evidence

9.8/20Valuation

P/BV 1.01× · P/BV÷ROE —

10% evidence

4.1/20Relative strength

RS sector -6.8% · RS bench 0.3% · 1Y 24.1%

100% evidence

22. Horace Mann Educators Corporation · HMN

40.0/100 · Mixed-negative evidence · 76% evidence

Exact sum: 16.8 + 7.8 + 5.5 + 9.9 = 40

Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.

16.8/35Growth & earnings

Income 5.5% · PAT 43.9%

71% evidence

7.8/25Capital efficiency

ROA 0.3% · ROE 2.9% · GNPA —

68% evidence

5.5/20Valuation

P/BV 1.17× · P/BV÷ROE 0.4

70% evidence

9.9/20Relative strength

RS sector -0.7% · RS bench 6.8% · 1Y 27.2%

100% evidence

23. CNA Financial Corporation · CNA

39.6/100 · Mixed-negative evidence · 76% evidence

Exact sum: 13.8 + 8 + 4.5 + 13.3 = 39.6

Decision use: Price leads the evidence: RS versus the benchmark is 9.1%, but earnings trajectory is weak. Wait for revenue and profit confirmation.

13.8/35Growth & earnings

Income 4% · PAT 35.8%

71% evidence

8.0/25Capital efficiency

ROA 0.3% · ROE 2% · GNPA —

68% evidence

4.5/20Valuation

P/BV 1.14× · P/BV÷ROE 0.57

70% evidence

13.3/20Relative strength

RS sector 1.6% · RS bench 9.1% · 1Y 26%

100% evidence

24. Lemonade, Inc. · LMND

38.6/100 · Thin evidence · provisional · 55% evidence

Exact sum: 24.4 + 4.1 + 9 + 1.1 = 38.6

Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral.

24.4/35Growth & earnings

Income 51.2% · PAT —

45% evidence

4.1/25Capital efficiency

ROA -1.9% · ROE -6.7% · GNPA —

68% evidence

9.0/20Valuation

P/BV 9.29× · P/BV÷ROE —

10% evidence

1.1/20Relative strength

RS sector -14.8% · RS bench -8.4% · 1Y 70.6%

100% evidence

25. Stewart Information Services Corporation · STC

36.8/100 · Mixed-negative evidence · 60% evidence

Exact sum: 17.4 + 13.2 + 5.1 + 1.1 = 36.8

Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.

17.4/35Growth & earnings

Income — · PAT —

26% evidence

13.2/25Capital efficiency

ROA 1.6% · ROE 2.7% · GNPA —

68% evidence

5.1/20Valuation

P/BV 1.21× · P/BV÷ROE 0.45

70% evidence

1.1/20Relative strength

RS sector -13.2% · RS bench -6.7% · 1Y 5.9%

100% evidence

26. Loews Corporation · L

34.6/100 · Adverse evidence · 76% evidence

Exact sum: 14.3 + 8.1 + 4.2 + 8 = 34.6

Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.

14.3/35Growth & earnings

Income 4.2% · PAT 23.8%

71% evidence

8.1/25Capital efficiency

ROA 0.5% · ROE 1.9% · GNPA —

68% evidence

4.2/20Valuation

P/BV 1.17× · P/BV÷ROE 0.62

70% evidence

8.0/20Relative strength

RS sector -2.1% · RS bench 5.3% · 1Y 32.2%

100% evidence

27. Hagerty, Inc. · HGTY

31.8/100 · Adverse evidence · 64% evidence

Exact sum: 12.8 + 4.9 + 9.1 + 5 = 31.8

Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.

12.8/35Growth & earnings

Income 15.4% · PAT 12.4%

71% evidence

4.9/25Capital efficiency

ROA -0.6% · ROE -2.2% · GNPA —

68% evidence

9.1/20Valuation

P/BV 4.87× · P/BV÷ROE —

10% evidence

5.0/20Relative strength

RS sector -10.1% · RS bench -3.5% · 1Y 21.4%

100% evidence

28. Markel Group Inc. · MKL

31.5/100 · Adverse evidence · 64% evidence

Exact sum: 10.2 + 6 + 9.8 + 5.5 = 31.5

Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.

10.2/35Growth & earnings

Income 9.7% · PAT -5.6%

71% evidence

6.0/25Capital efficiency

ROA -0.3% · ROE -1.1% · GNPA —

68% evidence

9.8/20Valuation

P/BV 1.32× · P/BV÷ROE —

10% evidence

5.5/20Relative strength

RS sector -10.5% · RS bench -3.8% · 1Y 5.7%

100% evidence

29. American Financial Group, Inc. · AFG

30.9/100 · Adverse evidence · 76% evidence

Exact sum: 12.1 + 10.1 + 4.4 + 4.3 = 30.9

Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.

12.1/35Growth & earnings

Income -1.2% · PAT 10%

71% evidence

10.1/25Capital efficiency

ROA 0.6% · ROE 4.2% · GNPA —

68% evidence

4.4/20Valuation

P/BV 2.27× · P/BV÷ROE 0.54

70% evidence

4.3/20Relative strength

RS sector -7% · RS bench 0% · 1Y 18.3%

100% evidence

30. Kemper Corporation · KMPR

24.7/100 · Thin evidence · provisional · 58% evidence

Exact sum: 6.1 + 5.8 + 9.8 + 3 = 24.7

Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral.

6.1/35Growth & earnings

Income 0.3% · PAT -90.6%

71% evidence

5.8/25Capital efficiency

ROA 0% · ROE -0.2% · GNPA —

68% evidence

9.8/20Valuation

P/BV 0.68× · P/BV÷ROE —

10% evidence

3.0/20Relative strength

RS sector -29% · RS bench -24% · 1Y -48.5%

70% evidence

01 · compare level, then change

Income Scale & Growth Durability

The Allstate Corporation has the highest Income among the 30 Insurance - Property & Casualty companies compared here, at $68,174 million. Loews Corporation is next at $18,515 million. White Mountains Insurance Group, Ltd. has the highest Income growth at 69.3%, so level and change sit with different companies. Its Income series carries 19 reported observations across the 20-quarter window.

What the numbers say: The Allstate Corporation is the scale leader at $68,174 million, 268.2% ahead of Loews Corporation. White Mountains Insurance Group, Ltd.'s growth is 69.3% from a $3,675 million base, with 19 reported observations in the 20-quarter window. Treat the growth leader as an acceleration candidate, not as equally proven scale.

LeaderThe Allstate Corporation · $68,174 million
Gap268.2% versus #2 · Loews Corporation
Persistence8/8 recent comparable periods
Coverage21/30 companies · 564 observations

Investor read: The Allstate Corporation is the scale benchmark; White Mountains Insurance Group, Ltd. is the acceleration watch. Promote the challenger only if growth persists and converts into margin and returns.

This conclusion weakens if: The Allstate Corporation's growth falls below White Mountains Insurance Group, Ltd.'s for two consecutive comparable reports while operating margin also compresses.

For lenders, reported income is used instead of industrial-company sales. Growth is compared year-on-year.
Incomelargest
1The Allstate Corporation ALL$68.2B
2Loews Corporation L$18.5B
3Markel Group Inc. MKL$16.1B
4CNA Financial Corporation CNA$15.0B
5Assurant, Inc. AIZ$13.2B
Income growthfastest growers
1White Mountains Insurance Group, Ltd. WTM69%
2Palomar Holdings, Inc. PLMR60%
3Lemonade, Inc. LMND51%
4Slide Insurance Holdings, Inc. SLDE36%
5Skyward Specialty Insurance Group, Inc. SKWD29%
Income · company comparison
21/30 level · 21/30 change

Solid lines show level; dotted lines show change when “Both” is selected. Missing reports break the line rather than being invented.

All-company data · latest reported quarter

Each figure is the company’s latest single reported quarter. The rankings above use trailing-twelve-month or current-market values, so a company can legitimately show a different number in each.

CompanyIncomeIncome growthReported
The Progressive Corporation PGR$22.2B8.7%Jun 2026
The Allstate Corporation ALL$16.9B3.0%Mar 2026
Chubb Limited CB$14.8B11%Jun 2026
The Travelers Companies, Inc. TRV$11.9B1.0%Jun 2026
Loews Corporation L$4.6B1.4%Mar 2026
W. R. Berkley Corporation WRB$3.7B4.0%Jun 2026
CNA Financial Corporation CNA$3.7B1.4%Mar 2026
Markel Group Inc. MKL$3.6B0.1%Mar 2026
Assurant, Inc. AIZ$3.4B11%Mar 2026
Cincinnati Financial Corporation CINF$2.9B12%Mar 2026
Old Republic International Corporation ORI$2.4B13%Jun 2026
American Financial Group, Inc. AFG$1.9B-0.1%Mar 2026
The Hanover Insurance Group, Inc. THG$1.7B6.1%Mar 2026
Mercury General Corporation MCY$1.5B10%Mar 2026
Selective Insurance Group, Inc. SIGI$1.4B5.8%Jun 2026
Kemper Corporation KMPR$1.1B-7.2%Mar 2026
Stewart Information Services Corporation STC$781M28%Jun 2026
White Mountains Insurance Group, Ltd. WTM$518M-10%Mar 2026
Skyward Specialty Insurance Group, Inc. SKWD$476M45%Mar 2026
Kinsale Capital Group, Inc. KNSL$467M10%Jun 2026
Horace Mann Educators Corporation HMN$429M3.1%Mar 2026
RLI Corp. RLI$424M3.9%Jun 2026
Slide Insurance Holdings, Inc. SLDE$389M38%Mar 2026
United Fire Group, Inc. UFCS$369M11%Mar 2026
Safety Insurance Group, Inc. SAFT$315M4.7%Mar 2026
Hagerty, Inc. HGTY$312M-4.9%Mar 2026
Palomar Holdings, Inc. PLMR$279M59%Mar 2026
Lemonade, Inc. LMND$258M71%Mar 2026
HCI Group, Inc. HCI$243M13%Mar 2026
Porch Group, Inc. PRCH$121M15%Mar 2026
Full 20-quarter history · every available company

Income · reported quarter history

Showing the 12 largest of 30 companies with a series here. The remaining 18 are complete in the plain-text rendition and the trace payload — nothing is dropped from the data, only from this grid.

American Financial Group, Inc. · AFG

$1.8B
$1.8B
$1.6B
$1.5B
$2.0B
$1.9B
$1.7B
$1.8B
$2.2B
$2.1B
$1.9B
$1.9B
$2.4B
$2.1B
$1.9B
$1.9B
$2.3B
$2.1B
$1.9B

Assurant, Inc. · AIZ

$2.6B
$2.6B
$2.5B
$2.5B
$2.5B
$2.7B
$2.6B
$2.7B
$2.8B
$3.0B
$2.9B
$2.9B
$3.0B
$3.1B
$3.1B
$3.2B
$3.2B
$3.4B
$3.4B

Chubb Limited · CB

$10.8B
$10.8B
$9.6B
$9.9B
$12.1B
$11.3B
$11.1B
$11.8B
$13.9B
$13.3B
$12.9B
$13.8B
$14.8B
$14.6B
$13.4B
$15.5B
$16.2B
$15.6B
$14.8B

Cincinnati Financial Corporation · CINF

$1.8B
$3.3B
$1.2B
$820M
$1.4B
$3.1B
$2.2B
$2.6B
$1.8B
$3.4B
$2.9B
$2.5B
$3.3B
$2.5B
$2.6B
$3.2B
$3.7B
$3.1B
$2.9B

CNA Financial Corporation · CNA

$3.0B
$3.1B
$2.9B
$2.9B
$3.0B
$3.1B
$3.2B
$3.3B
$3.3B
$3.5B
$3.4B
$3.5B
$3.6B
$3.7B
$3.6B
$3.7B
$3.8B
$3.8B
$3.7B

Loews Corporation · L

$3.4B
$3.7B
$3.4B
$3.4B
$3.5B
$3.8B
$3.8B
$3.9B
$3.9B
$4.3B
$4.2B
$4.3B
$4.5B
$4.5B
$4.5B
$4.6B
$4.7B
$4.7B
$4.6B

Markel Group Inc. · MKL

$2.7B
$3.8B
$2.6B
$1.8B
$3.1B
$4.2B
$3.6B
$4.1B
$3.4B
$4.6B
$4.5B
$3.7B
$3.7B
$3.7B
$3.5B
$4.6B
$3.9B
$4.0B
$3.6B

Old Republic International Corporation · ORI

$2.0B
$2.7B
$2.2B
$1.8B
$1.7B
$2.3B
$1.8B
$1.8B
$1.8B
$1.9B
$2.0B
$1.9B
$2.3B
$2.0B
$2.1B
$2.2B
$2.4B
$2.4B
$2.4B

The Allstate Corporation · ALL

$12.5B
$13.0B
$12.3B
$12.2B
$13.2B
$13.6B
$13.8B
$14.0B
$14.5B
$14.8B
$15.3B
$15.7B
$16.6B
$16.5B
$16.5B
$16.6B
$17.3B
$17.3B
$16.9B

The Progressive Corporation · PGR

$11.9B
$12.5B
$11.8B
$11.5B
$12.8B
$13.5B
$14.3B
$15.4B
$15.6B
$16.9B
$17.2B
$18.1B
$19.7B
$20.3B
$20.4B
$22.0B
$22.5B
$22.7B
$22.2B

The Travelers Companies, Inc. · TRV

$8.8B
$9.0B
$8.8B
$9.1B
$9.3B
$9.6B
$9.7B
$10.1B
$10.6B
$10.9B
$11.2B
$11.3B
$11.9B
$12.0B
$11.8B
$12.1B
$12.5B
$12.4B
$11.9B

W. R. Berkley Corporation · WRB

$2.4B
$2.6B
$2.9B
$2.5B
$2.7B
$3.0B
$2.9B
$3.0B
$3.0B
$3.2B
$3.3B
$3.3B
$3.4B
$3.7B
$3.5B
$3.7B
$3.8B
$3.7B
$3.7B

Income growth · reported quarter history

Showing the 12 largest of 30 companies with a series here. The remaining 18 are complete in the plain-text rendition and the trace payload — nothing is dropped from the data, only from this grid.

American Financial Group, Inc. · AFG

0.5%
13%
9.7%
9.6%
20%
9.1%
8.0%
9.5%
3.3%
9.5%
3.2%
-2.6%
1.3%
-1.6%
-4.0%
-0.1%

Assurant, Inc. · AIZ

-1.3%
-3.4%
3.0%
6.4%
8.8%
8.9%
12%
9.0%
7.1%
7.0%
4.1%
6.7%
8.0%
8.9%
7.9%
11%

Chubb Limited · CB

2.5%
12%
4.9%
15%
20%
14%
17%
17%
17%
7.2%
9.8%
3.6%
12%
9.0%
6.9%
11%

Cincinnati Financial Corporation · CINF

-64%
-21%
-6.2%
84%
218%
28%
7.7%
31%
-2.3%
83%
-24%
-13%
28%
12%
22%
12%

CNA Financial Corporation · CNA

-3.4%
-0.1%
1.9%
9.3%
13%
13%
13%
9.3%
6.5%
8.5%
5.2%
5.3%
5.6%
5.5%
3.8%
1.4%

Loews Corporation · L

-15%
2.7%
3.6%
11%
16%
13%
12%
12%
8.5%
14%
6.8%
6.2%
6.8%
4.6%
4.1%
1.4%

Markel Group Inc. · MKL

-49%
14%
12%
40%
131%
10%
10%
23%
-11%
9.5%
-20%
-21%
24%
6.5%
7.6%
0.1%

Old Republic International Corporation · ORI

-20%
-14%
-14%
-20%
-0.7%
2.3%
-17%
15%
4.1%
33%
3.1%
4.9%
18%
3.5%
19%
13%

The Allstate Corporation · ALL

-3.4%
5.8%
4.8%
12%
14%
9.8%
8.7%
11%
12%
15%
11%
7.8%
5.9%
3.8%
5.1%
3.0%

The Progressive Corporation · PGR

-3.3%
7.8%
7.8%
21%
33%
22%
25%
21%
18%
27%
20%
18%
21%
14%
12%
8.7%

The Travelers Companies, Inc. · TRV

5.2%
5.7%
6.9%
10%
11%
14%
13%
16%
12%
12%
9.9%
5.2%
7.4%
4.8%
3.5%
1.0%

W. R. Berkley Corporation · WRB

9.5%
12%
17%
-0.7%
19%
11%
6.9%
13%
11%
12%
14%
8.9%
11%
11%
1.4%
4.0%
02 · compare level, then change

Profit Scale & Acceleration

The Allstate Corporation has the highest Net profit among the 30 Insurance - Property & Casualty companies compared here, at $12,128 million. Cincinnati Financial Corporation is next at $2,757 million. The same company also holds the highest Profit growth, at the 100% top of the scoring scale. 21 of 30 companies report a comparable reading, the latest through Mar 2026.

What the numbers say: The Allstate Corporation leads with $12,128 million of TTM profit, 339.9% above Cincinnati Financial Corporation. The Allstate Corporation shows ≥100% on the scoring scale (203.4% uncapped) growth from a $12,128 million profit base. Compare the size of the base and persistence before ranking acceleration above profit scale.

LeaderThe Allstate Corporation · $12,128 million
Gap339.9% versus #2 · Cincinnati Financial Corporation
Persistence5/8 recent comparable periods
Coverage21/30 companies · 564 observations

Investor read: The Allstate Corporation sets the level benchmark; use the change leader as an inflection watch only after another comparable report confirms it.

This conclusion weakens if: The next two comparable reports reverse the current profit growth signal.

Net profit is ranked only where the comparison base is economically meaningful. Loss-to-profit flips are shown but do not win the growth table.
Net profitlargest
1The Allstate Corporation ALL$12.1B
2Cincinnati Financial Corporation CINF$2.8B
3Markel Group Inc. MKL$1.8B
4Loews Corporation L$1.7B
5CNA Financial Corporation CNA$1.2B
Profit growthfastest growers
1The Allstate Corporation ALL100%
2HCI Group, Inc. HCI100%
3Slide Insurance Holdings, Inc. SLDE100%
4White Mountains Insurance Group, Ltd. WTM100%
5United Fire Group, Inc. UFCS97%
Net profit · company comparison
21/30 level · 17/30 change

Solid lines show level; dotted lines show change when “Both” is selected. Missing reports break the line rather than being invented.

All-company data · latest reported quarter

Each figure is the company’s latest single reported quarter. The rankings above use trailing-twelve-month or current-market values, so a company can legitimately show a different number in each.

CompanyNet profitProfit growthReported
The Progressive Corporation PGR$2.8B9.8%Jun 2026
The Allstate Corporation ALL$2.5B312%Mar 2026
Chubb Limited CB$2.3B75%Jun 2026
The Travelers Companies, Inc. TRV$1.7B333%Jun 2026
W. R. Berkley Corporation WRB$516M24%Jun 2026
Loews Corporation L$354M-9.7%Mar 2026
Old Republic International Corporation ORI$330M34%Jun 2026
Cincinnati Financial Corporation CINF$274M67%Mar 2026
Assurant, Inc. AIZ$274M86%Mar 2026
CNA Financial Corporation CNA$211M-23%Mar 2026
American Financial Group, Inc. AFG$191M24%Mar 2026
Mercury General Corporation MCY$190M101%Mar 2026
The Hanover Insurance Group, Inc. THG$187M46%Mar 2026
Slide Insurance Holdings, Inc. SLDE$140M51%Mar 2026
Kinsale Capital Group, Inc. KNSL$113M27%Jun 2026
Selective Insurance Group, Inc. SIGI$98M-11%Jun 2026
HCI Group, Inc. HCI$85M15%Mar 2026
RLI Corp. RLI$55M-13%Jun 2026
Skyward Specialty Insurance Group, Inc. SKWD$50M19%Mar 2026
Palomar Holdings, Inc. PLMR$43M0.0%Mar 2026
Horace Mann Educators Corporation HMN$41M7.9%Mar 2026
United Fire Group, Inc. UFCS$30M67%Mar 2026
Stewart Information Services Corporation STC$19M280%Jun 2026
Porch Group, Inc. PRCH$2M-50%Mar 2026
Kemper Corporation KMPR$-4M-104%Mar 2026
Hagerty, Inc. HGTY$-13M-148%Mar 2026
Safety Insurance Group, Inc. SAFT$-14M-164%Mar 2026
White Mountains Insurance Group, Ltd. WTM$-26M-141%Mar 2026
Lemonade, Inc. LMND$-36MMar 2026
Markel Group Inc. MKL$-204M-258%Mar 2026
Full 20-quarter history · every available company

Net profit · reported quarter history

Showing the 12 largest of 30 companies with a series here. The remaining 18 are complete in the plain-text rendition and the trace payload — nothing is dropped from the data, only from this grid.

American Financial Group, Inc. · AFG

$219M
$355M
$290M
$167M
$165M
$276M
$212M
$200M
$177M
$263M
$242M
$209M
$181M
$255M
$154M
$174M
$215M
$299M
$191M

Assurant, Inc. · AIZ

$880M
$121M
$149M
$52M
$7M
$68M
$114M
$156M
$190M
$183M
$236M
$189M
$134M
$201M
$147M
$235M
$266M
$225M
$274M

Chubb Limited · CB

$1.8B
$2.1B
$2.0B
$1.2B
$792M
$1.3B
$1.9B
$1.8B
$2.0B
$3.3B
$2.3B
$2.2B
$2.5B
$2.6B
$1.3B
$3.0B
$3.1B
$3.2B
$2.3B

Cincinnati Financial Corporation · CINF

$153M
$1.5B
$-266M
$-818M
$-416M
$1.0B
$225M
$534M
$-99M
$1.2B
$755M
$312M
$820M
$405M
$-90M
$685M
$1.1B
$676M
$274M

CNA Financial Corporation · CNA

$256M
$248M
$295M
$190M
$-42M
$239M
$297M
$283M
$258M
$367M
$338M
$317M
$283M
$21M
$274M
$299M
$403M
$302M
$211M

Loews Corporation · L

$246M
$353M
$352M
$187M
$-27M
$379M
$404M
$388M
$276M
$477M
$485M
$395M
$425M
$189M
$392M
$416M
$536M
$428M
$354M

Markel Group Inc. · MKL

$190M
$873M
$-49M
$-883M
$117M
$712M
$538M
$716M
$53M
$794M
$1.0B
$290M
$947M
$561M
$129M
$677M
$764M
$582M
$-204M

Old Republic International Corporation · ORI

$89M
$627M
$306M
$-40M
$-92M
$512M
$200M
$156M
$53M
$191M
$317M
$92M
$339M
$105M
$246M
$208M
$280M
$207M
$330M

The Allstate Corporation · ALL

$531M
$806M
$650M
$-1.0B
$-674M
$-296M
$-321M
$-1.4B
$-4M
$1.5B
$1.2B
$347M
$1.2B
$1.9B
$596M
$2.1B
$3.7B
$3.8B
$2.5B

The Progressive Corporation · PGR

$119M
$962M
$314M
$-543M
$124M
$827M
$448M
$345M
$1.1B
$2.0B
$2.3B
$1.5B
$2.3B
$2.4B
$2.6B
$3.2B
$2.6B
$3.0B
$2.8B

The Travelers Companies, Inc. · TRV

$662M
$1.3B
$1.0B
$551M
$454M
$819M
$975M
$-14M
$404M
$1.6B
$1.1B
$534M
$1.3B
$2.1B
$395M
$1.5B
$1.9B
$2.5B
$1.7B

W. R. Berkley Corporation · WRB

$267M
$294M
$593M
$179M
$230M
$382M
$296M
$356M
$333M
$399M
$442M
$372M
$365M
$575M
$417M
$401M
$512M
$455M
$516M

Profit growth · reported quarter history

Showing the 12 largest of 29 companies with a series here. The remaining 17 are complete in the plain-text rendition and the trace payload — nothing is dropped from the data, only from this grid.

American Financial Group, Inc. · AFG

-30%
-25%
-22%
-27%
20%
7.3%
-4.7%
14%
4.5%
2.3%
-3.0%
-36%
-17%
19%
17%
24%

Assurant, Inc. · AIZ

-75%
-99%
-44%
-23%
200%
2,614%
169%
107%
21%
-29%
9.8%
-38%
24%
99%
12%
86%

Chubb Limited · CB

-47%
-57%
-39%
-3.1%
51%
158%
151%
21%
24%
22%
-20%
-41%
35%
25%
20%
75%

Cincinnati Financial Corporation · CINF

-216%
-372%
-32%
17%
236%
-42%
-66%
-112%
120%
37%
67%

CNA Financial Corporation · CNA

-48%
-116%
-3.6%
0.7%
49%
54%
14%
12%
9.7%
-94%
-19%
-5.7%
42%
1,338%
-23%

Loews Corporation · L

-76%
-111%
7.4%
15%
107%
26%
20%
1.8%
54%
-60%
-19%
5.3%
26%
126%
-9.7%

Markel Group Inc. · MKL

-210%
-38%
-18%
-55%
12%
95%
-60%
1,687%
-29%
-88%
133%
-19%
3.7%
-258%

Old Republic International Corporation · ORI

-113%
-203%
-18%
-35%
-63%
59%
-41%
540%
-45%
-22%
126%
-17%
97%
34%

The Allstate Corporation · ALL

-163%
-227%
-137%
-149%
27%
-50%
505%
222%
102%
312%

The Progressive Corporation · PGR

-169%
4.2%
-14%
43%
804%
140%
420%
323%
108%
19%
10%
118%
12%
25%
9.8%

The Travelers Companies, Inc. · TRV

-41%
-31%
-39%
-4.2%
-103%
-11%
99%
15%
212%
28%
-65%
183%
50%
20%
333%

W. R. Berkley Corporation · WRB

-25%
-14%
30%
-50%
99%
45%
4.5%
49%
4.5%
9.6%
44%
-5.7%
7.8%
40%
-21%
24%
03 · compare level, then change

Funding Base & Its Composition

No company in this Insurance - Property & Casualty comparison has a funding base figure that passes this section's guard, so the Deposits rank is empty. On Borrowings, Loews Corporation is highest at $8,934 million, across 10 of 30 companies with a usable reading.

What the numbers say: There is not enough comparable evidence to name a reliable deposits leader.

LeaderNo comparable leader
GapNot enough peers
PersistenceNot enough history
Coverage0/30 companies · 0 observations

Investor read: The current leader sets the level benchmark; use the change leader as an inflection watch only after another comparable report confirms it.

This conclusion weakens if: The next two comparable reports reverse the current borrowings signal.

For banks, debt is operating funding rather than industrial leverage. Deposits and borrowings are therefore shown as funding-base levels; asset quality, funding cost and liquidity determine whether that funding is attractive.
Depositslargest deposit bases
Not enough comparable data
Borrowingslargest borrowings
1Loews Corporation L$8.9B
2Cincinnati Financial Corporation CINF$859M
3Porch Group, Inc. PRCH$391M
4Palomar Holdings, Inc. PLMR$297M
5Stewart Information Services Corporation STC$124M
Funding base · company comparison
0/30 level · 10/30 change

Solid lines show level; dotted lines show change when “Both” is selected. Missing reports break the line rather than being invented.

All-company data · latest reported quarter

Each figure is the company’s latest single reported quarter. The rankings above use trailing-twelve-month or current-market values, so a company can legitimately show a different number in each.

CompanyDepositsBorrowingsReported
Cincinnati Financial Corporation CINF$859MMar 2026
Loews Corporation L$8.9BMar 2026
Mercury General Corporation MCY$13MMar 2026
Hagerty, Inc. HGTY$0MMar 2026
Palomar Holdings, Inc. PLMR$297MMar 2026
Slide Insurance Holdings, Inc. SLDE$9MMar 2026
HCI Group, Inc. HCI$32MMar 2026
Stewart Information Services Corporation STC$124MJun 2026
Safety Insurance Group, Inc. SAFT$11MMar 2026
Porch Group, Inc. PRCH$391MMar 2026
Full 20-quarter history · every available company

No consistent historical series is available for deposits.

Borrowings · reported quarter history

Cincinnati Financial Corporation · CINF

$845M
$843M
$841M
$841M
$843M
$841M
$845M
$842M
$844M
$849M
$848M
$849M
$849M
$850M
$853M
$859M
$858M
$861M
$859M

Hagerty, Inc. · HGTY

$0M
$0M
$0M
$0M
$0M
$81M
$79M
$77M
$52M
$50M
$49M
$47M
$45M
$0M
$42M
$41M
$41M
$0M
$0M

HCI Group, Inc. · HCI

$78M
$46M
$45M
$212M
$212M
$212M
$196M
$208M
$208M
$208M
$185M
$185M
$185M
$185M
$185M
$16M
$32M
$32M
$32M

Loews Corporation · L

$9.1B
$9.1B
$9.3B
$9.3B
$9.3B
$9.0B
$9.1B
$9.1B
$9.2B
$1.1B
$10.1B
$8.6B
$9.5B
$8.9B
$8.9B
$8.9B
$9.4B
$9.5B
$8.9B

Mercury General Corporation · MCY

$37M
$35M
$32M
$166M
$26M
$22M
$19M
$20M
$19M
$14M
$14M
$14M
$14M
$14M
$18M
$16M
$14M
$12M
$13M

Palomar Holdings, Inc. · PLMR

$0M
$0M
$15M
$23M
$26M
$36M
$71M
$71M
$53M
$53M
$43M
$0M
$0M
$0M
$0M
$0M
$0M
$0M
$297M

Porch Group, Inc. · PRCH

$418M
$417M
$417M
$420M
$434M
$442M
$438M
$435M
$435M
$436M
$432M
$437M
$399M
$404M
$409M
$394M
$387M
$385M
$391M

Safety Insurance Group, Inc. · SAFT

$27M
$27M
$27M
$25M
$24M
$23M
$22M
$22M
$21M
$20M
$19M
$18M
$17M
$16M
$15M
$14M
$13M
$12M
$11M

Slide Insurance Holdings, Inc. · SLDE

$8M
$8M
$7M
$7M
$7M
$7M
$7M
$9M
$9M
$8M
$10M
$10M
$9M

Stewart Information Services Corporation · STC

$129M
$149M
$155M
$150M
$146M
$148M
$148M
$147M
$142M
$136M
$133M
$127M
$123M
$119M
$114M
$130M
$125M
$122M
$124M
$124M
04 · compare level, then change

Return On Assets

Slide Insurance Holdings, Inc. has the highest ROA among the 30 Insurance - Property & Casualty companies compared here, at 5.8%. Kinsale Capital Group, Inc. is next at 3%. Mercury General Corporation has the highest ROA change at +3.4 percentage points, so level and change sit with different companies. Its ROA series carries 13 reported observations across the 20-quarter window.

What the numbers say: Slide Insurance Holdings, Inc. leads roa at 5.8%; Mercury General Corporation leads roa change at +3.4 percentage points.

LeaderSlide Insurance Holdings, Inc. · 5.8%
Gap93.3% versus #2 · Kinsale Capital Group, Inc.
Persistence5/8 recent comparable periods
Coverage28/30 companies · 535 observations

Investor read: Slide Insurance Holdings, Inc. sets the level benchmark; use the change leader as an inflection watch only after another comparable report confirms it.

This conclusion weakens if: The next two comparable reports reverse the current roa change signal.

ROA is the cleanest first comparison for lenders because the balance sheet is the operating asset.
ROAhighest
1Slide Insurance Holdings, Inc. SLDE5.8%
2Kinsale Capital Group, Inc. KNSL3.0%
3The Progressive Corporation PGR2.8%
4RLI Corp. RLI2.7%
5Porch Group, Inc. PRCH2.2%
ROA changefastest improvers
1Mercury General Corporation MCY+3.4 pp
2Porch Group, Inc. PRCH+2.4 pp
3Lemonade, Inc. LMND+1.7 pp
4The Allstate Corporation ALL+1.5 pp
5W. R. Berkley Corporation WRB+1.2 pp
Return on assets · company comparison
28/30 level · 28/30 change

Solid lines show level; dotted lines show change when “Both” is selected. Missing reports break the line rather than being invented.

All-company data · latest reported quarter

Each figure is the company’s latest single reported quarter. The rankings above use trailing-twelve-month or current-market values, so a company can legitimately show a different number in each.

CompanyROAROA changeReported
Slide Insurance Holdings, Inc. SLDE5.8%+0.5 ppMar 2026
Kinsale Capital Group, Inc. KNSL3.0%+0.3 ppJun 2026
The Progressive Corporation PGR2.8%−0.2 ppJun 2026
RLI Corp. RLI2.7%+0.6 ppJun 2026
W. R. Berkley Corporation WRB2.2%+1.2 ppJun 2026
Porch Group, Inc. PRCH2.2%+2.4 ppMar 2026
The Allstate Corporation ALL2.1%+1.5 ppMar 2026
Mercury General Corporation MCY2.1%+3.4 ppMar 2026
The Travelers Companies, Inc. TRV1.6%+0.4 ppJun 2026
Stewart Information Services Corporation STC1.6%+0.1 ppJun 2026
The Hanover Insurance Group, Inc. THG1.2%+0.3 ppMar 2026
Chubb Limited CB1.1%−0.4 ppJun 2026
Old Republic International Corporation ORI1.1%+0.4 ppJun 2026
Skyward Specialty Insurance Group, Inc. SKWD1.1%−0.1 ppMar 2026
Selective Insurance Group, Inc. SIGI0.9%+0.2 ppJun 2026
United Fire Group, Inc. UFCS0.9%+0.3 ppMar 2026
Assurant, Inc. AIZ0.8%+0.3 ppMar 2026
Cincinnati Financial Corporation CINF0.7%+0.9 ppMar 2026
American Financial Group, Inc. AFG0.6%+0.1 ppMar 2026
Loews Corporation L0.5%−0.1 ppMar 2026
CNA Financial Corporation CNA0.3%−0.2 ppMar 2026
Horace Mann Educators Corporation HMN0.3%0.0 ppMar 2026
White Mountains Insurance Group, Ltd. WTM0.0%−1.0 ppMar 2026
Kemper Corporation KMPR0.0%−0.8 ppMar 2026
Markel Group Inc. MKL-0.3%−0.7 ppMar 2026
Hagerty, Inc. HGTY-0.6%−2.3 ppMar 2026
Safety Insurance Group, Inc. SAFT-0.6%−1.6 ppMar 2026
Lemonade, Inc. LMND-1.9%+1.7 ppMar 2026
Full 20-quarter history · every available company

ROA · reported quarter history

Showing the 12 largest of 28 companies with a series here. The remaining 16 are complete in the plain-text rendition and the trace payload — nothing is dropped from the data, only from this grid.

American Financial Group, Inc. · AFG

0.4%
0.7%
0.6%
0.6%
0.6%
1.0%
0.7%
0.7%
0.6%
0.9%
0.8%
0.7%
0.6%
0.8%
0.5%
0.6%
0.6%
0.9%
0.6%

Assurant, Inc. · AIZ

0.5%
0.4%
0.4%
0.2%
0.1%
0.3%
0.4%
0.5%
0.6%
0.6%
0.8%
0.6%
0.5%
0.6%
0.5%
0.7%
0.8%
0.7%
0.8%

Chubb Limited · CB

0.7%
1.1%
0.9%
0.7%
0.5%
1.1%
1.2%
0.9%
1.0%
2.1%
1.0%
1.0%
1.4%
1.5%
0.6%
1.5%
1.7%
1.3%
0.9%
1.1%

Cincinnati Financial Corporation · CINF

0.6%
5.1%
-0.9%
-2.7%
-1.4%
3.3%
0.8%
1.8%
-0.3%
3.8%
2.4%
1.0%
2.4%
1.2%
-0.2%
1.9%
2.9%
1.8%
0.7%

CNA Financial Corporation · CNA

0.4%
0.4%
0.5%
0.3%
0.0%
0.4%
0.5%
0.5%
0.5%
0.6%
0.6%
0.5%
0.5%
0.1%
0.5%
0.5%
0.6%
0.5%
0.3%

Loews Corporation · L

0.4%
0.5%
0.5%
0.3%
0.0%
0.6%
0.6%
0.6%
0.4%
0.7%
0.7%
0.6%
0.6%
0.4%
0.6%
0.6%
0.7%
0.6%
0.5%

Markel Group Inc. · MKL

0.4%
2.0%
-0.1%
-2.0%
0.1%
1.7%
1.2%
1.5%
0.1%
1.7%
1.9%
0.6%
1.9%
0.8%
0.4%
1.4%
1.2%
1.0%
-0.3%

Old Republic International Corporation · ORI

0.4%
2.6%
1.3%
-0.2%
-0.4%
2.0%
0.8%
0.6%
0.2%
0.7%
1.2%
0.3%
1.2%
0.4%
0.9%
0.7%
0.9%
0.7%
1.1%
1.1%

The Allstate Corporation · ALL

0.2%
1.1%
0.6%
-0.8%
-0.5%
-0.2%
-0.3%
-1.3%
0.0%
1.6%
1.2%
0.4%
1.2%
1.8%
0.6%
1.3%
2.8%
3.4%
2.1%

The Progressive Corporation · PGR

0.2%
1.5%
0.5%
-0.7%
0.2%
1.2%
0.6%
0.5%
1.5%
2.5%
2.7%
1.7%
2.5%
2.5%
2.6%
3.0%
2.4%
2.6%
2.5%
2.8%

The Travelers Companies, Inc. · TRV

0.6%
1.2%
0.9%
0.5%
0.5%
0.8%
0.9%
0.0%
0.4%
1.4%
1.0%
0.5%
1.0%
1.7%
0.4%
1.2%
1.4%
1.9%
1.3%
1.6%

W. R. Berkley Corporation · WRB

1.0%
1.1%
2.0%
0.7%
0.8%
1.2%
1.0%
1.1%
1.0%
1.2%
1.3%
1.1%
1.0%
1.5%
1.1%
1.0%
1.3%
1.1%
1.3%
2.2%

ROA change · reported quarter history

Showing the 12 largest of 28 companies with a series here. The remaining 16 are complete in the plain-text rendition and the trace payload — nothing is dropped from the data, only from this grid.

American Financial Group, Inc. · AFG

+0.2 pp
+0.3 pp
+0.1 pp
+0.1 pp
0.0 pp
−0.1 pp
+0.1 pp
0.0 pp
0.0 pp
−0.1 pp
−0.3 pp
−0.1 pp
0.0 pp
+0.1 pp
+0.1 pp

Assurant, Inc. · AIZ

−0.4 pp
−0.1 pp
0.0 pp
+0.3 pp
+0.5 pp
+0.3 pp
+0.4 pp
+0.1 pp
−0.1 pp
0.0 pp
−0.3 pp
+0.1 pp
+0.3 pp
+0.1 pp
+0.3 pp

Chubb Limited · CB

−0.2 pp
0.0 pp
+0.3 pp
+0.2 pp
+0.5 pp
+1.0 pp
−0.2 pp
+0.1 pp
+0.4 pp
−0.6 pp
−0.4 pp
+0.5 pp
+0.3 pp
−0.2 pp
+0.3 pp
−0.4 pp

Cincinnati Financial Corporation · CINF

−2.0 pp
−1.8 pp
+1.7 pp
+4.5 pp
+1.1 pp
+0.5 pp
+1.6 pp
−0.8 pp
+2.7 pp
−2.6 pp
−2.6 pp
+0.9 pp
+0.5 pp
+0.6 pp
+0.9 pp

CNA Financial Corporation · CNA

−0.4 pp
0.0 pp
0.0 pp
+0.2 pp
+0.5 pp
+0.2 pp
+0.1 pp
0.0 pp
0.0 pp
−0.5 pp
−0.1 pp
0.0 pp
+0.1 pp
+0.4 pp
−0.2 pp

Loews Corporation · L

−0.4 pp
+0.1 pp
+0.1 pp
+0.3 pp
+0.4 pp
+0.1 pp
+0.1 pp
0.0 pp
+0.2 pp
−0.3 pp
−0.1 pp
0.0 pp
+0.1 pp
+0.2 pp
−0.1 pp

Markel Group Inc. · MKL

−0.3 pp
−0.3 pp
+1.3 pp
+3.5 pp
0.0 pp
0.0 pp
+0.7 pp
−0.9 pp
+1.8 pp
−0.9 pp
−1.5 pp
+0.8 pp
−0.7 pp
+0.2 pp
−0.7 pp

Old Republic International Corporation · ORI

−0.8 pp
−0.6 pp
−0.5 pp
+0.8 pp
+0.6 pp
−1.3 pp
+0.4 pp
−0.3 pp
+1.0 pp
−0.3 pp
−0.3 pp
+0.4 pp
−0.3 pp
+0.3 pp
+0.2 pp
+0.4 pp

The Allstate Corporation · ALL

−0.7 pp
−1.3 pp
−0.9 pp
−0.5 pp
+0.5 pp
+1.8 pp
+1.5 pp
+1.7 pp
+1.2 pp
+0.2 pp
−0.6 pp
+0.9 pp
+1.6 pp
+1.6 pp
+1.5 pp

The Progressive Corporation · PGR

0.0 pp
−0.3 pp
+0.1 pp
+1.2 pp
+1.3 pp
+1.3 pp
+2.1 pp
+1.2 pp
+1.0 pp
0.0 pp
−0.1 pp
+1.3 pp
−0.1 pp
+0.1 pp
−0.1 pp
−0.2 pp

The Travelers Companies, Inc. · TRV

−0.1 pp
−0.4 pp
0.0 pp
−0.5 pp
−0.1 pp
+0.6 pp
+0.1 pp
+0.5 pp
+0.6 pp
+0.3 pp
−0.6 pp
+0.7 pp
+0.4 pp
+0.2 pp
+0.9 pp
+0.4 pp

W. R. Berkley Corporation · WRB

−0.2 pp
+0.1 pp
−1.0 pp
+0.4 pp
+0.2 pp
0.0 pp
+0.3 pp
0.0 pp
0.0 pp
+0.3 pp
−0.2 pp
−0.1 pp
+0.3 pp
−0.4 pp
+0.2 pp
+1.2 pp
05 · compare level, then change

ROE — Leaders & Improvers

Slide Insurance Holdings, Inc. has the highest ROE among the 30 Insurance - Property & Casualty companies compared here, at 17%. HCI Group, Inc. is next at 9.9%. Mercury General Corporation has the highest ROE change at +14.9 percentage points, so level and change sit with different companies. Its ROE series carries 13 reported observations across the 20-quarter window.

What the numbers say: Slide Insurance Holdings, Inc. leads roe at 17%; Mercury General Corporation leads roe change at +14.9 percentage points.

LeaderSlide Insurance Holdings, Inc. · 17%
Gap71.7% versus #2 · HCI Group, Inc.
Persistence3/8 recent comparable periods
Coverage30/30 companies · 573 observations

Investor read: Slide Insurance Holdings, Inc. sets the level benchmark; use the change leader as an inflection watch only after another comparable report confirms it.

This conclusion weakens if: The next two comparable reports reverse the current roe change signal.

ROE shows the return to shareholders, but should be read with asset quality and leverage.
ROEhighest
1Slide Insurance Holdings, Inc. SLDE17%
2HCI Group, Inc. HCI9.9%
3The Progressive Corporation PGR9.9%
4W. R. Berkley Corporation WRB9.7%
5RLI Corp. RLI9.6%
ROE changefastest improvers
1Mercury General Corporation MCY+14.9 pp
2The Allstate Corporation ALL+6.3 pp
3W. R. Berkley Corporation WRB+5.0 pp
4Lemonade, Inc. LMND+3.5 pp
5Cincinnati Financial Corporation CINF+2.6 pp
Return on equity · company comparison
30/30 level · 30/30 change

Solid lines show level; dotted lines show change when “Both” is selected. Missing reports break the line rather than being invented.

All-company data · latest reported quarter

Each figure is the company’s latest single reported quarter. The rankings above use trailing-twelve-month or current-market values, so a company can legitimately show a different number in each.

CompanyROEROE changeReported
Slide Insurance Holdings, Inc. SLDE17%−4.1 ppMar 2026
The Progressive Corporation PGR9.9%−1.5 ppJun 2026
HCI Group, Inc. HCI9.9%−5.9 ppMar 2026
W. R. Berkley Corporation WRB9.7%+5.0 ppJun 2026
RLI Corp. RLI9.6%+2.1 ppJun 2026
Kinsale Capital Group, Inc. KNSL9.4%+0.4 ppJun 2026
The Allstate Corporation ALL9.2%+6.3 ppMar 2026
Mercury General Corporation MCY8.6%+14.9 ppMar 2026
The Travelers Companies, Inc. TRV7.0%+1.5 ppJun 2026
The Hanover Insurance Group, Inc. THG5.6%+1.0 ppMar 2026
Old Republic International Corporation ORI5.3%+1.9 ppJun 2026
Assurant, Inc. AIZ4.9%+2.0 ppMar 2026
Palomar Holdings, Inc. PLMR4.9%−1.7 ppMar 2026
Skyward Specialty Insurance Group, Inc. SKWD4.8%−0.7 ppMar 2026
American Financial Group, Inc. AFG4.2%+0.6 ppMar 2026
Chubb Limited CB3.7%−0.6 ppJun 2026
Selective Insurance Group, Inc. SIGI3.7%+1.0 ppJun 2026
United Fire Group, Inc. UFCS3.4%+1.1 ppMar 2026
Horace Mann Educators Corporation HMN2.9%−0.1 ppMar 2026
Stewart Information Services Corporation STC2.7%+0.2 ppJun 2026
CNA Financial Corporation CNA2.0%−0.7 ppMar 2026
Cincinnati Financial Corporation CINF1.9%+2.6 ppMar 2026
Loews Corporation L1.9%−0.3 ppMar 2026
Kemper Corporation KMPR-0.2%−3.7 ppMar 2026
White Mountains Insurance Group, Ltd. WTM-0.5%−1.8 ppMar 2026
Markel Group Inc. MKL-1.1%−1.9 ppMar 2026
Safety Insurance Group, Inc. SAFT-1.7%−4.3 ppMar 2026
Hagerty, Inc. HGTY-2.2%−7.9 ppMar 2026
Lemonade, Inc. LMND-6.7%+3.5 ppMar 2026
Porch Group, Inc. PRCH-67%−57.6 ppMar 2026
Full 20-quarter history · every available company

ROE · reported quarter history

Showing the 12 largest of 30 companies with a series here. The remaining 18 are complete in the plain-text rendition and the trace payload — nothing is dropped from the data, only from this grid.

American Financial Group, Inc. · AFG

3.8%
6.0%
5.0%
3.5%
3.6%
6.1%
4.8%
5.0%
4.5%
6.3%
5.9%
5.0%
4.2%
5.8%
3.6%
3.9%
4.6%
6.4%
4.2%

Assurant, Inc. · AIZ

15%
2.1%
2.7%
1.0%
0.1%
1.4%
2.4%
3.5%
4.4%
4.0%
5.1%
4.0%
2.7%
4.1%
2.9%
4.5%
4.8%
4.1%
4.9%

Chubb Limited · CB

3.2%
3.6%
3.4%
2.1%
1.5%
2.4%
3.4%
3.4%
3.9%
5.8%
3.9%
3.8%
3.9%
4.0%
2.0%
4.3%
4.2%
4.3%
3.1%
3.7%

Cincinnati Financial Corporation · CINF

1.4%
13%
-2.3%
-7.3%
-3.9%
8.6%
2.0%
4.9%
-1.0%
10%
6.5%
2.6%
6.7%
3.1%
-0.7%
5.1%
7.7%
4.5%
1.9%

CNA Financial Corporation · CNA

2.1%
1.9%
2.6%
1.7%
-0.4%
2.2%
3.0%
3.1%
3.1%
4.0%
3.7%
3.4%
2.9%
0.2%
2.7%
2.9%
3.7%
2.7%
2.0%

Loews Corporation · L

1.3%
1.8%
1.9%
1.1%
-0.2%
2.2%
2.4%
2.4%
1.9%
3.0%
3.0%
2.4%
2.5%
1.1%
2.2%
2.3%
2.9%
2.3%
1.9%

Markel Group Inc. · MKL

1.4%
6.2%
-0.3%
-6.4%
0.9%
4.9%
3.7%
5.1%
0.4%
5.4%
6.9%
1.9%
5.9%
3.4%
0.8%
3.9%
4.2%
3.2%
-1.1%

Old Republic International Corporation · ORI

1.4%
9.6%
4.6%
-0.6%
-1.5%
7.8%
3.1%
2.5%
0.9%
3.0%
5.0%
1.5%
5.5%
1.7%
4.0%
3.4%
4.3%
3.6%
5.6%
5.3%

The Allstate Corporation · ALL

2.0%
2.9%
2.6%
-4.2%
-3.0%
-1.4%
-1.6%
-7.8%
0.0%
8.5%
6.7%
2.0%
6.6%
9.7%
2.9%
9.9%
16%
15%
9.2%

The Progressive Corporation · PGR

0.6%
5.5%
1.8%
-3.2%
0.7%
4.8%
2.6%
2.1%
7.0%
11%
12%
7.3%
11%
10%
10%
11%
8.4%
11%
9.2%
9.9%

The Travelers Companies, Inc. · TRV

2.4%
4.6%
3.8%
2.1%
1.9%
3.2%
4.0%
-0.1%
2.0%
7.0%
4.7%
2.3%
5.3%
7.9%
1.5%
5.5%
6.4%
8.2%
5.7%
7.0%

W. R. Berkley Corporation · WRB

4.2%
4.5%
8.9%
2.7%
3.5%
5.7%
4.3%
5.3%
5.0%
5.6%
6.0%
5.1%
4.8%
7.2%
5.0%
4.7%
5.6%
5.0%
5.5%
9.7%

ROE change · reported quarter history

Showing the 12 largest of 30 companies with a series here. The remaining 18 are complete in the plain-text rendition and the trace payload — nothing is dropped from the data, only from this grid.

American Financial Group, Inc. · AFG

−0.2 pp
+0.1 pp
−0.2 pp
+1.5 pp
+0.9 pp
+0.2 pp
+1.1 pp
0.0 pp
−0.3 pp
−0.5 pp
−2.3 pp
−1.1 pp
+0.4 pp
+0.6 pp
+0.6 pp

Assurant, Inc. · AIZ

−15.0 pp
−0.7 pp
−0.3 pp
+2.5 pp
+4.3 pp
+2.6 pp
+2.7 pp
+0.5 pp
−1.7 pp
+0.1 pp
−2.2 pp
+0.5 pp
+2.1 pp
0.0 pp
+2.0 pp

Chubb Limited · CB

−1.7 pp
−1.2 pp
0.0 pp
+1.3 pp
+2.4 pp
+3.4 pp
+0.5 pp
+0.4 pp
0.0 pp
−1.8 pp
−1.9 pp
+0.5 pp
+0.3 pp
+0.3 pp
+1.1 pp
−0.6 pp

Cincinnati Financial Corporation · CINF

−5.3 pp
−3.9 pp
+4.3 pp
+12.2 pp
+2.9 pp
+1.8 pp
+4.5 pp
−2.3 pp
+7.7 pp
−7.3 pp
−7.2 pp
+2.5 pp
+1.0 pp
+1.4 pp
+2.6 pp

CNA Financial Corporation · CNA

−2.5 pp
+0.3 pp
+0.4 pp
+1.4 pp
+3.5 pp
+1.8 pp
+0.7 pp
+0.3 pp
−0.2 pp
−3.8 pp
−1.0 pp
−0.5 pp
+0.8 pp
+2.5 pp
−0.7 pp

Loews Corporation · L

−1.5 pp
+0.4 pp
+0.5 pp
+1.3 pp
+2.1 pp
+0.8 pp
+0.6 pp
0.0 pp
+0.6 pp
−1.9 pp
−0.8 pp
−0.1 pp
+0.4 pp
+1.2 pp
−0.3 pp

Markel Group Inc. · MKL

−0.5 pp
−1.3 pp
+4.0 pp
+11.5 pp
−0.5 pp
+0.5 pp
+3.2 pp
−3.2 pp
+5.5 pp
−2.0 pp
−6.1 pp
+2.0 pp
−1.7 pp
−0.2 pp
−1.9 pp

Old Republic International Corporation · ORI

−2.9 pp
−1.8 pp
−1.5 pp
+3.1 pp
+2.4 pp
−4.8 pp
+1.9 pp
−1.0 pp
+4.6 pp
−1.3 pp
−1.0 pp
+1.9 pp
−1.2 pp
+1.9 pp
+1.6 pp
+1.9 pp

The Allstate Corporation · ALL

−5.0 pp
−4.3 pp
−4.2 pp
−3.6 pp
+3.0 pp
+9.9 pp
+8.3 pp
+9.8 pp
+6.6 pp
+1.2 pp
−3.8 pp
+7.9 pp
+8.9 pp
+5.0 pp
+6.3 pp

The Progressive Corporation · PGR

+0.1 pp
−0.7 pp
+0.8 pp
+5.3 pp
+6.3 pp
+6.2 pp
+9.5 pp
+5.2 pp
+3.5 pp
−0.7 pp
−2.0 pp
+4.1 pp
−2.1 pp
+0.3 pp
−0.9 pp
−1.5 pp

The Travelers Companies, Inc. · TRV

−0.5 pp
−1.4 pp
+0.2 pp
−2.2 pp
+0.1 pp
+3.8 pp
+0.7 pp
+2.4 pp
+3.3 pp
+0.9 pp
−3.2 pp
+3.2 pp
+1.1 pp
+0.3 pp
+4.2 pp
+1.5 pp

W. R. Berkley Corporation · WRB

−0.7 pp
+1.2 pp
−4.6 pp
+2.6 pp
+1.5 pp
−0.1 pp
+1.7 pp
−0.2 pp
−0.2 pp
+1.6 pp
−1.0 pp
−0.4 pp
+0.8 pp
−2.2 pp
+0.5 pp
+5.0 pp
06 · not available

Gross NPA — Leaders & Improvers

No company in this Insurance - Property & Casualty comparison reports gross NPA on a comparable basis, so there is nothing to rank here — 0 of 30 companies have a usable current reading. The section is shown rather than removed so an unavailable metric is not mistaken for one that was quietly left out.

Lower gross NPA is better. Improvement means the ratio is falling, so ranks are intentionally inverted.
07 · compare level, then change

Valuation Against Growth & Quality

Slide Insurance Holdings, Inc. has the lowest P/BV ÷ ROE among the 30 Insurance - Property & Casualty companies compared here, at 0.11×. The Allstate Corporation is next at 0.18×. Porch Group, Inc. has the lowest P/BV at -29.9×, so level and change sit with different companies. 23 of 30 companies report a comparable reading, the latest through Mar 2026.

What the numbers say: Slide Insurance Holdings, Inc. has the lowest comparable P/BV ÷ ROE at 0.11×, 38.9% below The Allstate Corporation. Only 23 of 30 companies pass the guard, so no broad “cheapest stock” conclusion is defensible unless the current multiple, own-history position and growth durability agree.

LeaderSlide Insurance Holdings, Inc. · 0.11×
Gap38.9% versus #2 · The Allstate Corporation
Persistence0/4 recent comparable periods
Coverage23/30 companies · 446 observations

Investor read: Treat valuation as permission to investigate, never as a standalone reason to buy.

This conclusion weakens if: The next two comparable reports reverse the current p/bv signal.

Banks are compared on P/BV and P/BV÷ROE, not PEG. Lower is better only if asset quality and return durability hold; cheap book value with weakening NPAs is not automatically attractive.
P/BV ÷ ROElowest return-adjusted price
1Slide Insurance Holdings, Inc. SLDE0.1
2The Allstate Corporation ALL0.2
3HCI Group, Inc. HCI0.2
4Mercury General Corporation MCY0.2
5W. R. Berkley Corporation WRB0.3
P/BVlowest P/BV
1Porch Group, Inc. PRCH-29.9
2Kemper Corporation KMPR0.7
3United Fire Group, Inc. UFCS1.0
4White Mountains Insurance Group, Ltd. WTM1.0
5CNA Financial Corporation CNA1.1
Valuation · company comparison
23/30 level · 30/30 change

Solid lines show level; dotted lines show change when “Both” is selected. Missing reports break the line rather than being invented.

All-company data · latest reported quarter

Each figure is the company’s latest single reported quarter. The rankings above use trailing-twelve-month or current-market values, so a company can legitimately show a different number in each.

CompanyP/BV ÷ ROEP/BVReported
Cincinnati Financial Corporation CINF0.81.6Mar 2026
Palomar Holdings, Inc. PLMR0.73.3Mar 2026
Hagerty, Inc. HGTY0.64.9Mar 2026
Loews Corporation L0.61.2Mar 2026
CNA Financial Corporation CNA0.61.1Mar 2026
Kemper Corporation KMPR0.60.7Mar 2026
Safety Insurance Group, Inc. SAFT0.61.3Mar 2026
American Financial Group, Inc. AFG0.52.3Mar 2026
Chubb Limited CB0.51.8Jun 2026
W. R. Berkley Corporation WRB0.52.5Jun 2026
Markel Group Inc. MKL0.51.3Mar 2026
Stewart Information Services Corporation STC0.51.2Jun 2026
Selective Insurance Group, Inc. SIGI0.41.6Jun 2026
Horace Mann Educators Corporation HMN0.41.2Mar 2026
The Progressive Corporation PGR0.43.6Jun 2026
Kinsale Capital Group, Inc. KNSL0.43.7Jun 2026
Assurant, Inc. AIZ0.41.8Mar 2026
Skyward Specialty Insurance Group, Inc. SKWD0.31.6Mar 2026
RLI Corp. RLI0.33.1Jun 2026
Old Republic International Corporation ORI0.31.6Jun 2026
The Travelers Companies, Inc. TRV0.32.1Jun 2026
The Hanover Insurance Group, Inc. THG0.31.7Mar 2026
United Fire Group, Inc. UFCS0.31.0Mar 2026
Mercury General Corporation MCY0.21.9Mar 2026
The Allstate Corporation ALL0.21.7Mar 2026
HCI Group, Inc. HCI0.21.8Mar 2026
Slide Insurance Holdings, Inc. SLDE0.11.9Mar 2026
White Mountains Insurance Group, Ltd. WTM0.11.0Mar 2026
Lemonade, Inc. LMND9.3Mar 2026
Porch Group, Inc. PRCH-29.9Mar 2026
Full 20-quarter history · every available company

P/BV ÷ ROE · reported quarter history

Showing the 12 largest of 28 companies with a series here. The remaining 16 are complete in the plain-text rendition and the trace payload — nothing is dropped from the data, only from this grid.

American Financial Group, Inc. · AFG

0.5
0.4
0.5
0.8
0.7
0.5
0.6
0.5
0.5
0.4
0.5
0.5
0.6
0.4
0.7
0.6
0.6
0.4
0.5

Assurant, Inc. · AIZ

0.1
0.8
0.7
2.1
18.7
1.1
0.6
0.4
0.4
0.5
0.4
0.4
0.7
0.5
0.7
0.4
0.4
0.5
0.4

Chubb Limited · CB

0.4
0.4
0.5
0.8
1.1
0.8
0.5
0.4
0.4
0.3
0.5
0.5
0.5
0.4
0.9
0.4
0.4
0.4
0.6
0.5

Cincinnati Financial Corporation · CINF

1.1
0.1
0.2
0.8
0.3
0.1
0.2
0.6
0.2
0.5
0.3
0.2
0.4
0.8

CNA Financial Corporation · CNA

0.4
0.5
0.5
0.8
0.6
0.4
0.4
0.4
0.3
0.4
0.4
0.4
6.3
0.5
0.4
0.3
0.4
0.6

Loews Corporation · L

0.6
0.4
0.5
0.9
0.4
0.4
0.4
0.5
0.3
0.4
0.4
0.4
1.0
0.5
0.5
0.4
0.5
0.6

Markel Group Inc. · MKL

0.8
0.2
1.3
0.3
0.3
0.3
3.5
0.2
0.2
0.7
0.2
0.4
1.7
0.4
0.3
0.5

Old Republic International Corporation · ORI

0.8
0.1
0.3
0.2
0.4
0.5
1.4
0.4
0.3
0.9
0.3
0.9
0.4
0.5
0.4
0.5
0.3
0.3

The Allstate Corporation · ALL

0.7
0.5
0.6
0.2
0.4
1.1
0.4
0.2
0.9
0.2
0.1
0.1
0.2

The Progressive Corporation · PGR

4.8
0.6
2.2
6.6
1.0
1.9
2.2
0.7
0.4
0.5
0.7
0.5
0.5
0.6
0.4
0.5
0.4
0.4

The Travelers Companies, Inc. · TRV

0.6
0.3
0.5
0.8
1.0
0.6
0.4
0.9
0.3
0.5
0.8
0.4
2.9
1.4
0.4
0.3
1.1
0.3
0.3

W. R. Berkley Corporation · WRB

0.5
0.5
0.3
1.0
0.8
0.5
0.6
0.4
0.5
0.4
0.5
0.5
0.5
0.4
0.6
0.6
0.5
0.6
0.5

P/BV · reported quarter history

Showing the 12 largest of 30 companies with a series here. The remaining 18 are complete in the plain-text rendition and the trace payload — nothing is dropped from the data, only from this grid.

American Financial Group, Inc. · AFG

2.0
2.3
2.6
2.9
2.7
2.9
2.6
2.5
2.4
2.3
2.7
2.4
2.4
2.6
2.5
2.3
2.6
2.4
2.3

Assurant, Inc. · AIZ

1.6
1.6
2.0
2.1
1.9
1.6
1.5
1.5
1.7
1.8
2.0
1.7
1.9
2.1
2.0
1.8
1.9
2.0
1.8

Chubb Limited · CB

1.3
1.4
1.6
1.6
1.6
1.8
1.5
1.5
1.6
1.5
1.7
1.7
1.8
1.7
1.8
1.7
1.6
1.7
1.7
1.8

Cincinnati Financial Corporation · CINF

1.6
1.4
1.8
1.8
1.5
1.5
1.6
1.4
1.5
1.3
1.5
1.4
1.5
1.6
1.7
1.6
1.6
1.6
1.6

CNA Financial Corporation · CNA

0.9
0.9
1.2
1.3
1.2
1.3
1.2
1.2
1.2
1.2
1.3
1.3
1.2
1.3
1.3
1.2
1.1
1.1
1.1

Loews Corporation · L

0.8
0.8
1.0
0.9
0.9
1.0
0.9
0.9
1.0
1.0
1.1
1.0
1.0
1.1
1.1
1.1
1.1
1.2
1.2

Markel Group Inc. · MKL

1.2
1.1
1.4
1.4
1.2
1.3
1.2
1.3
1.4
1.2
1.3
1.3
1.2
1.3
1.4
1.5
1.3
1.5
1.3

Old Republic International Corporation · ORI

1.1
1.1
1.2
1.1
1.1
1.2
1.2
1.2
1.3
1.3
1.3
1.3
1.4
1.6
1.6
1.5
1.6
1.9
1.6
1.6

The Allstate Corporation · ALL

1.4
1.3
1.7
1.7
1.9
2.0
1.7
1.8
2.0
2.1
2.5
2.3
2.4
2.4
2.5
2.2
2.0
1.8
1.7

The Progressive Corporation · PGR

2.9
3.3
3.9
4.3
4.6
4.8
5.0
4.6
4.7
4.6
5.6
5.2
5.5
5.5
5.7
4.8
4.1
4.4
3.6

The Travelers Companies, Inc. · TRV

1.3
1.3
1.7
1.8
1.8
2.0
1.7
1.8
1.9
1.7
2.1
1.9
1.9
22.6
2.1
2.0
2.0
9.0
1.9
2.1

W. R. Berkley Corporation · WRB

1.9
2.2
2.6
2.8
2.7
2.8
2.4
2.2
2.4
2.4
2.9
2.6
2.6
2.7
3.0
3.0
3.0
2.7
2.5
08 · let price answer last

Market action

United Fire Group, Inc. has the strongest one-year price move in Insurance - Property & Casualty at +102.1%. It also leads on Mansfield relative strength against the S&P 500 at +28%. 20 of 30 covered companies are above zero on that measure. Every line covers 314 weekly closes through 2026-07-28.

Every price line is indexed to 100 over the chosen window. Mansfield relative strength compares a price ratio with its own 52-week average; zero separates leadership from lagging.
Price and relative strength

Price is rebased to 100 inside the selected window. Pair ratio rebases each selected company against one chosen denominator.

Before the conclusion · check the blind spots

What can make this comparison misleading?

This Insurance - Property & Casualty comparison names 6 specific ways its own evidence can mislead, all listed below. All 30 companies here report on comparable dates, so no rank carries a stale marker. 2 of the 7 ranked sections have fewer than three usable current readings. A high growth rate can still be a low-base artefact.

Keep these limits visible

  • A high growth rate can be a low-base artefact. The page keeps level and change separate for that reason.
  • A high ROE can be manufactured with leverage. Read it beside ROA and asset quality.
  • The 4-Factor Sector Score ranks research priority, not portfolio action. Management quality, catalysts and risks need equally fresh evidence before capital is deployed.
  • An “all companies” line chart preserves completeness, but rank changes should be checked against reporting dates before drawing a conclusion.
  • Banks and lenders are not forced through operating-margin or ROCE comparisons; missing lender-specific fields remain visibly missing.
  • Thin comparisons: Funding base, Asset quality have fewer than three usable current readings.
09 · the complete set

Which companies are included?

All 30 companies in the canonical Insurance - Property & Casualty membership are listed below, largest market value first — nothing is silently dropped, even where a company reports too little to rank. The charts above default to a selective view; this register is the complete set, with each company's own latest reporting date beside it.

AHEAD means the company is beating the index by 5% or more over three months. LAGGING, FUNDAMENTALS UP means it is 20% or more behind over a year while its trailing twelve-month earnings grew 20% or more. Both rules are fixed and applied the same way in every sector.

CompanyMarket valuePricePriced toLatest fundamentals
Chubb Limited CBAHEAD$140.2B$3642026-07-28Jun 2026
The Progressive Corporation PGRAHEADLAGGING, FUNDAMENTALS UP$127.6B$2202026-07-28Jun 2026
The Travelers Companies, Inc. TRVAHEAD18/26 WEEKS$82.9B$3972026-07-28Jun 2026
The Allstate Corporation ALLAHEAD$70.1B$2722026-07-28Mar 2026
W. R. Berkley Corporation WRBAHEAD$29.6B$76.22026-07-28Jun 2026
Cincinnati Financial Corporation CINFAHEAD$28.3B$1832026-07-28Mar 2026
Markel Group Inc. MKLAHEAD$25.5B$2,0392026-07-28Mar 2026
Loews Corporation L$24.6B$1192026-07-28Mar 2026
CNA Financial Corporation CNAAHEAD$15.0B$55.32026-07-28Mar 2026
Assurant, Inc. AIZAHEAD$14.0B$2832026-07-28Mar 2026
American Financial Group, Inc. AFGAHEAD$12.0B$1452026-07-28Mar 2026
Old Republic International Corporation ORIAHEAD$10.6B$44.42026-07-28Jun 2026
Kinsale Capital Group, Inc. KNSLAHEADLAGGING, FUNDAMENTALS UP$8.4B$3702026-07-28Jun 2026
The Hanover Insurance Group, Inc. THGAHEAD18/26 WEEKS$7.8B$2242026-07-28Mar 2026
Mercury General Corporation MCYAHEAD18/26 WEEKS$6.1B$1102026-07-28Mar 2026
RLI Corp. RLIAHEADLAGGING, FUNDAMENTALS UP$6.0B$65.12026-07-28Jun 2026
Selective Insurance Group, Inc. SIGIAHEAD$5.6B$94.42026-07-28Jun 2026
White Mountains Insurance Group, Ltd. WTM$5.4B$2,2032026-07-28Mar 2026
Lemonade, Inc. LMNDAHEAD$4.8B$62.12026-07-28Mar 2026
Hagerty, Inc. HGTYAHEAD$4.2B$12.22026-07-28Mar 2026
Palomar Holdings, Inc. PLMRAHEAD$3.8B$1432026-07-28Mar 2026
Skyward Specialty Insurance Group, Inc. SKWDAHEAD$2.5B$62.82026-07-28Mar 2026
Slide Insurance Holdings, Inc. SLDEAHEAD$2.5B$21.42026-07-28Mar 2026
HCI Group, Inc. HCIAHEAD$2.3B$1792026-07-28Mar 2026
Horace Mann Educators Corporation HMNAHEAD$2.1B$52.52026-07-28Mar 2026
Stewart Information Services Corporation STC$2.1B$69.52026-07-28Jun 2026
Kemper Corporation KMPR$1.8B$30.92026-07-28Mar 2026
Safety Insurance Group, Inc. SAFTAHEAD$1.5B$1032026-07-28Mar 2026
Porch Group, Inc. PRCHAHEAD$1.4B$12.62026-07-28Mar 2026
United Fire Group, Inc. UFCSAHEAD25/26 WEEKS$1.4B$52.82026-07-28Mar 2026
Evidence and freshness

How was this comparison built?

This comparison is built from the reported filings of 30 Insurance - Property & Casualty companies, normalized to a common $ scale and a shared quarter axis of up to 20 quarters each. Fundamentals run through Jun 2026 and market data through 2026-07-28.

FundamentalsThrough Jun 2026 · up to 20 quarters per company
Market dataThrough 2026-07-28 · weekly price and relative-strength history
Derived metricsGrowth, changes, CAPEX intensity, net debt, guarded PEG and P/BV÷ROE are calculated only when their inputs are comparable.
Score confidenceMissing and stale evidence reduces confidence and pulls the 0–100 research-priority score toward neutral.
Questions investors ask · short, speakable answers

Insurance - Property & Casualty company comparison FAQs

These 15 answers restate the Insurance - Property & Casualty comparison above in question form. Every one is computed from the same 30 companies and the same reported filings as the rankings and charts, current through Jun 2026. Price and relative-strength answers run through 2026-07-28. Nothing here is estimated, and none of it is a recommendation.

Which Insurance - Property & Casualty company is the biggest?

The Allstate Corporation is the largest, with trailing-twelve-month income of $68,174 million, ahead of Loews Corporation at $18,515 million. That covers 21 of 30 companies with comparable reporting through Mar 2026.

Which Insurance - Property & Casualty company is growing fastest?

White Mountains Insurance Group, Ltd. has the fastest income growth at 69.3% year on year, across 21 of 30 comparable companies. Fast growth off a small base is not the same as proven scale — check whether the rate holds across several quarters on the chart above before treating it as a trend.

Which Insurance - Property & Casualty company makes the most profit?

The Allstate Corporation earns the most, at $12,128 million of trailing-twelve-month net profit, from 21 of 30 comparable companies. The Allstate Corporation has the fastest profit growth at 100%, though growth off a small or recovering profit base overstates how much has actually changed.

Which Insurance - Property & Casualty company earns the highest return on capital?

Slide Insurance Holdings, Inc. leads on return on assets at 5.8%, across 28 of 30 companies. Read it beside the length of its reported history: a high return that repeats for years is evidence of a durable business, while a single high reading can be a small capital base or one good year.

Which Insurance - Property & Casualty stock is the cheapest?

On price-to-book divided by return on equity — where a LOWER number is cheaper — Slide Insurance Holdings, Inc. screens cheapest at 0.11×. Only 23 of 30 companies pass the comparability guard, so this is not a sector-wide "cheapest stock" verdict. Cheap on a multiple is a reason to investigate, never a reason to buy on its own.

Is the Insurance - Property & Casualty sector beating the market?

Insurance - Property & Casualty has outperformed S&P 500 by 6.4% over the last 52 weeks and 14.1% over 13 weeks, measured on an equal-weight index of its current members. Inside the sector, 20 of 30 covered companies are beating the market on their own. Sector strength does not transfer evenly to every stock in it.

Which Insurance - Property & Casualty stock has the strongest price momentum?

United Fire Group, Inc. has the strongest relative strength against S&P 500. Relative strength answers last, after growth, quality and valuation: price can move well before the fundamentals confirm it, and sometimes without them confirming at all.

Which Insurance - Property & Casualty company scores highest for research priority?

Slide Insurance Holdings, Inc. scores 75.4 out of 100 with 70% evidence confidence, from 24.7 points on growth and earnings, 20.8 on capital efficiency, 14.5 on valuation and 15.4 on relative strength. This ranks what deserves work next. It is not a buy recommendation, and management quality, catalysts and risk still need separate research.

How many Insurance - Property & Casualty companies does this comparison cover, and over what period?

It compares 30 listed companies over up to 20 reported quarters of fundamentals and 6 fiscal years of capital allocation, ending Jun 2026, plus weekly price and relative-strength history. Membership is the full sector list — nothing is dropped for having thin data.

What is the total market cap of the Insurance - Property & Casualty sector?

The 30 Insurance - Property & Casualty companies on this page carry $650,022 million of combined market value. Chubb Limited is the largest at $140,178 million, about 22% of the sector's total on its own. Market value moves with price, so this reading is dated 2026-07-28.

What is the Insurance - Property & Casualty sector's P/B ratio?

The median price-to-book ratio across the 30 Insurance - Property & Casualty companies on this page is 1.7×, measured on the 29 that report a comparable figure. A sector-level history for this multiple is not held here, so this is a cross-section of today, not a comparison with the sector’s own past. Figures are as of 2026-07-28.

How is the Insurance - Property & Casualty sector performing?

20 of the 30 covered Insurance - Property & Casualty companies are beating S&P 500 on Mansfield relative strength. The sector itself is 6.4% ahead of S&P 500 over 52 weeks on an equal-weight index of its current members. Readings are as of 2026-07-28.

How many Insurance - Property & Casualty stocks are listed in the US?

This comparison covers 30 listed Insurance - Property & Casualty companies in the US, each above the size floor the site applies. The full ranked list is on this page, with reported fundamentals through Jun 2026. Membership is the full industry list — nothing is dropped for having thin data.

Why are some values on this page blank?

A blank means that company did not report a comparable figure for that period, so nothing is shown. Missing observations are never interpolated, carried forward, or replaced with a similar-looking accounting line, and a company with missing evidence has its research score pulled toward neutral rather than being scored as bad.

Is this investment advice?

No. Every figure here is a deterministic calculation from reported company filings and market data, published for research. It contains no recommendation to buy or sell any security, does not account for your circumstances, and is not a substitute for advice from a licensed adviser.

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