3 P&C Insurance Stocks That Have Gained More Than 50% in 2024

The Zacks Property and Casualty Insurance industry has performed well so far this year, riding on better pricing, prudent underwriting standards, increased exposure, streamlined operations, a wider global presence and a solid capital position. Increased technology advancements and an improving rate environment have added to the upside. However, geopolitical tensions, particularly conflicts in the Middle East and Ukraine, high inflation and catastrophe events, both natural and man-made put pressure on non-li ...