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Zacks Industry Outlook NMI Holdings, HCI, and Skyward Specialty
NMIHNMI (NMIH) ZACKS·2024-06-10 09:46

For Immediate Release Industry: Property & Casualty Insurance The Zacks Property and Casualty Insurance industry is currently undervalued compared with the Zacks S&P 500 composite and the Zacks Finance sector. The price-to-book (P/B) ratio, the best multiple for valuing insurers because of their unpredictable financial results, stands at 1.52, below the Zacks S&P 500 composite's P/B of 6.46 and the sector's P/B of 3.09. Such a market positioning hints at room for upside in the coming quarters. Industry Grow ...