NEW YORK, November 11, 2016 /PRNewswire/ --
Stock-Callers.com today has issued research reports on these Property and Casualty Insurance companies: The Allstate Corp. (NYSE: ALL), Old Republic International Corp. (NYSE: ORI), The Travelers Cos. Inc. (NYSE: TRV), and Chubb Ltd (NYSE: CB). According to a research report released by IBISWorld last April, industry revenue is forecasted to grow at an annualized rate of 2.7% to $600.8 billion over the five years to 2016, with expected growth of 1.9% this year alone. In the coming years, higher premiums and interest rates are anticipated to further improve the segment's revenue prospects. Download the free research reports on these stocks today:
Northbrook, Illinois headquartered The Allstate Corp.'s shares gained 1.88%, closing Thursday's trading session at $69.45. The stock recorded a trading volume of 3.01 million shares, which was above its three months average volume of 1.87 million shares. Shares of the Company have advanced 0.59% in the last month, 0.95% in the previous three months, and 13.53% on an YTD basis. The stock is trading 1.72% and 4.02% above its 50-day and 200-day moving averages, respectively. Additionally, shares of Allstate, which together with its subsidiaries, engages in property-liability insurance and life insurance business in the US and Canada, have a Relative Strength Index (RSI) of 61.57.
On November 02nd, 2016, Allstate reported total revenue of $9.2 billion in Q3 2016, which increased by 2.1% compared to Q3 2015. Property-liability insurance premiums increased 2.9%, while Allstate Financial premiums and contract charges rose 6.1%. Net income applicable to common shareholders in Q3 2016 was $491 million, or $1.31 per diluted share, compared to $621 million, or $1.54 per diluted share, in Q3 2015. Operating income was $474 million in Q3 2016 compared to $610 million in Q3 2015. See our free and comprehensive research report on ALL at:
On Thursday, shares in Chicago, Illinois-based Old Republic International Corp. recorded a trading volume of 2.05 million shares, which was above their three months average volume of 1.73 million shares. The stock rose 0.94%, ending the day at $17.24. The Company's shares are trading below their 50-day moving average by 4.16%. Furthermore, shares of Old Republic International, which through its subsidiaries, engages in the insurance underwriting and related services business primarily in the US and Canada, have an RSI of 44.76.
On October 27th, 2016, Old Republic International reported that pretax operating earnings rose 9.4% to $1.49 billion in Q3 2016, while net operating income per share was up 5.7%. Old Republic's General Insurance segment posted lower operating earnings due to lessened underwriting profitability, most pronouncedly in Q3 2016. ORI free research report PDF is just a click away at:
New York-based The Travelers Cos. Inc.'s stock finished the day 2.51% higher at $109.62. A total volume of 2.75 million shares was traded, which was above their three months average volume of 1.64 million shares. The Company's shares are trading below their 200-day moving average by 2.64%. Additionally, shares of Travelers Cos., which through its subsidiaries, provides a range of commercial and personal property, and casualty insurance products and services to businesses, government units, associations, and individuals in the US and internationally, have an RSI of 50.39.
On November 10th, 2016, Travelers Canada announced the appointment of Heather Masterson as President and Chief Executive Officer, effective immediately. Masterson succeeds Duane Sanders, who has taken a senior leadership role in the company's largest business segment in the US. Sign up for your complimentary report on TRV at:
Shares in Zurich, Switzerland headquartered Chubb Ltd ended yesterday's session 0.48% higher at $126.46. The stock recorded a trading volume of 3.07 million shares, which was above its three months average volume of 1.36 million shares. The Company's shares have advanced 1.22% in the last one month, 0.10% in the previous three months, and 8.84% on an YTD basis. The stock is trading 1.00% above its 50-day moving average and 2.81% above its 200-day moving average. Moreover, shares of Chubb, which through its subsidiaries, provides property and casualty insurance and reinsurance products worldwide, have an RSI of 55.97.
On October 31st, 2016, Chubb announced that it has expanded its business owner's policy, Chubb BOP, to the technology industry by crafting specialized insurance features and benefit to meet the unique risks faced by small businesses in the technology segment. Chubb BOP for the technology industry includes more than 80 property and liability features and benefits beyond industry standard policies. Register for free on Stock-Callers.com and download the latest research report on CB at:
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