MTG or ACT: Which Multiline Insurance Stock is Better-Positioned?

Better pricing, prudent underwriting, increased exposure and faster economic recovery should help Multiline insurers to grow. The industry has risen 5.4% year to date compared with the Finance sector's increase of 3.8%. The Zacks S&P 500 composite has witnessed an increase of 15% in the said time frame. Product diversification helps insurance industry players lower concentration risk and improve retention ratio. Accelerated digitalization will help the industry function smoothly. An improving rate environme ...