Published on 19 Aug 2024 on Insider Monkey · via Yahoo Finance
We recently compiled a list of the 10 Best Property & Casualty Insurance Stocks to Buy. In this article, we are going to take a look at where The Hanover Insurance Group, Inc. (NYSE:THG) stands against the other property and casualty insurance stocks.
Property and casualty (P&C) insurers face the hardest market mainly because of the increasing expenses, large claims payouts, and price-shopping policyholders. To revive the growth, they are required to shift to a more proactive strategy and exploit new developments and opportunities available in auto, homeowners’, and renters’ insurance.