NEW YORK, November 4, 2016 /PRNewswire/ --
Pre-market, Stock-Callers.com recalls the most recent performances of The Hartford Financial Services Group Inc. (NYSE: HIG), Progressive Corp. (NYSE: PGR), XL Group Ltd (NYSE: XL), and MBIA Inc. (NYSE: MBI). These companies belong to the Property and Casualty Insurance industry which forms a sizable part of the broader Financials sector and includes segments such as motor vehicle insurance, property insurance, liability, and accident insurance. Learn more about these stocks by downloading their comprehensive and free reports at:
Hartford Financial Services Group
Connecticut headquartered The Hartford Financial Services Group Inc.'s stock finished Thursday's session 0.79% lower at $43.75. A total volume of 3.39 million shares was traded, which was above their three months average volume of 2.92 million shares. The Company's shares have advanced 8.19% in the previous three months and 2.16% on an YTD basis. The stock is trading 3.15% and 2.33% above its 50-day and 200-day moving averages, respectively. Additionally, shares of the company, which through its subsidiaries, provides insurance and financial services to individual and business customers in the US, have a Relative Strength Index (RSI) of 56.12.
On October 27th, 2016, Hartford reported net income of $438 million in Q3 2016, an increase of 15% from Q3 2015. Core earnings were $413 million in Q3 2016, an increase of 13% from Q3 2015. Hartford's board declared a quarterly dividend of $0.23 per share of common stock payable on January 3rd, 2017, to shareholders of record at the close of business on December 1st, 2016. This represents an increase of $0.02 per share, or 10%, over the prior quarterly dividend. HIG complete research report is just a click away and free at:
On Thursday, shares in Mayfield Village, Ohio headquartered Progressive Corp. recorded a trading volume of 2.65 million shares. The stock ended the session 0.74% higher at $31.35. The Company's shares have advanced 0.38% in the last one month and 1.47% since the start of this year. The stock is trading 1.05% below its 50-day moving average. Moreover, shares of Progressive, which through its subsidiaries, provides personal and commercial property-casualty insurance, and other specialty property-casualty insurance and related services primarily in the US, have an RSI of 43.46.
On October 13th, 2016, Progressive reported $1.86 billion of net premiums written for September 2016, up 8% from $1.72 billion recorded in September 2015. In September 2016, the company incurred about $35 million, or 1.9 loss ratio points, of catastrophe losses, compared to about $7 million, or 0.4 loss ratio points, last year. Year-to-date, total catastrophe losses were $478 million, or 2.9 points, compared to $202 million, or 1.4 points, last year.
On October 14th, 2016, research firm Citigroup upgraded the Company's stock rating from 'Sell' to 'Neutral'. The complimentary report on PGR can be downloaded at:
Shares in Hamilton, Bermuda-based XL Group Ltd closed the day 0.70% higher at $34.66. The stock recorded a trading volume of 1.96 million shares. The Company's shares have gained 3.00% in the last month and 2.93% over the previous three months. The stock is trading 1.93% above its 50-day moving average and 2.46% above its 200-day moving average. Additionally, shares of XL Group, which through its subsidiaries, operates as an insurance and reinsurance company, have an RSI of 55.69.
On November 1st, 2016, XL Catlin, the global brand of XL group, announced that to help design professionals address potential claims for wrongful employment practices, it is adding an employment practices liability insurance option to its professional liability insurance for architects, engineers and other design businesses in the US. With capacity up to USD 1 million, XL Catlin Design Professional's EPL coverage is accompanied by loss prevention services such as a risk management website and a loss prevention hotline. Sign up for your complimentary research report on XL at:
At the close, shares in Purchase, New York headquartered MBIA Inc. ended the day at $7.15, which was a decline of 1.52%. The stock recorded a trading volume of 900,457 shares. The Company's shares have advanced 10.34% on an YTD basis. The stock is trading below its 200-day moving average by 6.43%. Furthermore, shares of MBIA, which provides financial guarantee insurance services to public finance markets in the US and internationally, have an RSI of 29.77.
On November 02nd, 2016, MBIA announced that it will host a webcast and conference call for investors on November 9th, 2016, at 8:00 a.m. ET to discuss its Q3 2016 financial results and other issues related to the Company. MBIA's financial results press release will be issued after the market closes on November 8th, 2016. Get free access to your research report on MBI at:
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