Notable companies
The most notable companies in this group are American International Group (NYSE:AIG).
Industry description
A multi-line insurance contract bundles together exposures to risk and covers them under a single contract. For providers of such policies, the bundle is a potential risk diversification strategy since their exposure gets spread over several factors, which helps them mitigate a financial burden if a catastrophic event were to occur. Other potential benefits include getting more premiums from including more than one type of insurance in a bundle, and getting a competitive edge by procuring multiple insurance contracts with a customer. Examples of companies in this industry are Berkshire Hathaway (which owns several insurance companies), Chubb Limited, American International Group, Inc. and Sun Life Financial Inc.
Market Cap
The average market capitalization across the Multi-Line Insurance Industry is 21.01B. The market cap for tickers in the group ranges from 218.88K to 634.15B. BRK.A holds the highest valuation in this group at 634.15B. The lowest valued company is ESGRP at 218.88K.
High and low price notable news
The average weekly price growth across all stocks in the Multi-Line Insurance Industry was 1%. For the same Industry, the average monthly price growth was 1%, and the average quarterly price growth was 15%. NDEV experienced the highest price growth at 12%, while DIISY experienced the biggest fall at -5%.
Volume
The average weekly volume growth across all stocks in the Multi-Line Insurance Industry was -33%. For the same stocks of the Industry, the average monthly volume growth was 18% and the average quarterly volume growth was -38%
Fundamental Analysis Ratings
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
Valuation Rating: 37
P/E Growth Rating: 62
Price Growth Rating: 52
SMR Rating: 85
Profit Risk Rating: 55
Seasonality Score: 32 (-100 ... +100)