Published on 8 Nov 2021 on Zacks via Yahoo Finance
The Zacks Property and Casualty Insurance (P&C) industry is likely to benefit from better pricing, prudent underwriting and exposure growth. Industry players like Berkshire Hathaway (BRK.B), Chubb Limited CB, The Travelers Companies TRV, Cincinnati Financial Corporation CINF, W.R. Berkley Corporation WRB, First American Financial FAF and Kinsale Capital KNSL are poised to grow despite a rise in catastrophic activities. Given an active catastrophe environment, the policy renewal rate should accelerate, apart from the rate firming up. This apart, increasing adoption of technology and emergence of insurtech will help in the smooth functioning of the industry players.Though pandemic-related uncertainties weigh on merger and acquisition (M&A) activities, a low rate environment, improvement in surplus, and reopening of economic activities set the stage up for a better M&A environment this year onward.Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Berkshire Hathaway Inc. (BRK.B) : Free Stock Analysis Report The Travelers Companies, Inc. (TRV) : Free Stock Analysis Report Chubb Limited (CB) : Free Stock Analysis Report W.R. Berkley Corporation (WRB) : Free Stock Analysis Report Cincinnati Financial Corporation (CINF) : Free Stock Analysis Report First American Financial Corporation (FAF) : Free Stock Analysis Report Kinsale Capital Group, Inc. (KNSL) : Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research