Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

Technical Reports on Insurance Equities -- American International, Berkshire Hathaway, MGIC Investment, and Progressive

AIG, MTG, PGR

PR Newswire

NEW YORK, July 10, 2017 /PRNewswire/ --

If you want a Stock Review on AIG, BRK-B, MTG or PGR then come over to http://dailystocktracker.com/register/ and sign up for your free customized report today. DailyStockTracker.com reviews these four stocks: American International Group Inc. (NYSE: AIG), Berkshire Hathaway Inc. (NYSE: BRK-B), MGIC Investment Corp. (NYSE: MTG), and The Progressive Corp. (NYSE: PGR). Property and Casualty Insurance companies engage in underwriting insurance policies to protect consumers as well as businesses against loss and liability caused by injury to other people or damage to others property. Learn more about these stocks by downloading their comprehensive and free reports from DailyStockTracker.com member's area at:

http://dailystocktracker.com/register/

American International Group 

New York-based American International Group Inc.'s shares finished Friday's session 0.43% higher at $63.35. A total volume of 3.25 million shares was traded. The stock has gained 0.30% in the last month and 2.44% over the previous three months. The Company's shares are trading above their 50-day and 200-day moving averages by 0.97% and 0.80%, respectively. Moreover, shares of American International Group, which provides insurance products for commercial, institutional, and individual customers primarily in the US, Europe, and Japan, have a Relative Strength Index (RSI) of 51.58.

On July 05 th, 2017, American International Group announced the appointment of Peter Zaffino as Executive Vice President, Global COO, effective August 01 st, 2017. Mr. Zaffino joins the Company after serving as CEO of Marsh LLC, a leading global insurance brokerage and risk management firm, and as Chairman of the Risk and Insurance Services segment of Marsh & McLennan Companies, Inc. since 2015. AIG complete research report is just a click away at:

http://dailystocktracker.com/registration/?symbol=AIG


Berkshire Hathaway 

Shares in Omaha, Nebraska-based Berkshire Hathaway Inc. ended the day 0.55% higher at $171.14 with a total trading volume of 2.72 million shares. The stock has advanced 2.79% in the last month, 2.81% in the previous three months, and 5.01% since the start of this year. The Company's shares are trading 2.51% and 5.74% above their 50-day and 200-day moving averages, respectively. Moreover, shares of the Berkshire Hathaway, which through its subsidiaries, the firm primarily engages in the insurance and reinsurance of property and casualty risks business, have an RSI of 59.95.

On June 30 th, 2017, Berkshire Hathaway announced that, when Bank of America Corporation increases its quarterly dividend to $0.12 per common share, the former will exercise its warrants to acquire 700,000,000 shares of Bank of America Common Stock at the exercise price of $7.142857 per common share. Pursuant to the terms of the warrants, Berkshire expects to use its $5 billion of Bank of America Corporation 6% Preferred Stock that it currently owns as the consideration to acquire the common shares. The complimentary report on BRK-B can be downloaded at:


http://dailystocktracker.com/registration/?symbol=BRK-B


MGIC Investment 

Milwaukee, Wisconsin headquartered MGIC Investment Corp.'s stock rose 1.23%, closing the session at $11.52. A total volume of 1.50 million shares was traded. The Company's shares have gained 8.07% in the last one month, 14.29% in the previous three months, and 13.05% on an YTD basis. The stock is trading 6.09% above its 50-day moving average and 14.88% above its 200-day moving average. Additionally, shares of MGIC Investment, which through its subsidiaries, provides private mortgage insurance and ancillary services to lenders and government sponsored entities in the US, have an RSI of 63.57. Sign up for your complimentary research report on MTG at:

http://dailystocktracker.com/registration/?symbol=MTG


Progressive 

On Friday, shares in Mayfield Village, Ohio headquartered The Progressive Corp. finished the session 1.26% higher at $44.99. A total volume of 2.12 million shares was traded. The stock has gained 4.75% in the last month, 14.62% over the previous three months, and 26.73% on an YTD basis. The Company's shares are trading above their 50-day and 200-day moving averages by 6.10% and 20.28%, respectively. Moreover, shares of Progressive, which through its subsidiaries, provide personal and commercial property-casualty insurance, and other specialty property-casualty insurance and related services primarily in the US, have an RSI of 67.47.

On June 14 th, 2017, Progressive reported that during the month of May it incurred about $102 million, or 5.2 loss ratio points, of catastrophe losses. Its year-to-date total catastrophe losses were approximately $259 million, or 2.5 points. The Company also announced its plan to release June results on July 18 th, 2017, before the market opens. Get free access to your research report on PGR at:

http://dailystocktracker.com/registration/?symbol=PGR

--

Daily Stock Tracker:  

Daily Stock Tracker (DST) produces regular sponsored and non-sponsored reports, articles, stock market blogs, and popular investment newsletters covering equities listed on NYSE and NASDAQ and micro-cap stocks. DST has two distinct and independent departments. One department produces non-sponsored analyst certified content generally in the form of press releases, articles and reports covering equities listed on NYSE and NASDAQ and the other produces sponsored content (in most cases not reviewed by a registered analyst), which typically consists of compensated investment newsletters, articles and reports covering listed stocks and micro-caps. Such sponsored content is outside the scope of procedures detailed below. 

DST has not been compensated; directly or indirectly; for producing or publishing this document. 

PRESS RELEASE PROCEDURES :

The non-sponsored content contained herein has been prepared by a writer (the "Author") and is fact checked and reviewed by a third party research service company (the "Reviewer") represented by a credentialed financial analyst [for further information on analyst credentials, please email contact@dailystocktracker.com. Rohit Tuli, a CFA® charterholder (the "Sponsor"), provides necessary guidance in preparing the document templates. The Reviewer has reviewed and revised the content, as necessary, based on publicly available information which is believed to be reliable. Content is researched, written and reviewed on a reasonable-effort basis. The Reviewer has not performed any independent investigations or forensic audits to validate the information herein. The Reviewer has only independently reviewed the information provided by the Author according to the procedures outlined by DST. DST is not entitled to veto or interfere in the application of such procedures by the third-party research service company to the articles, documents or reports, as the case may be. Unless otherwise noted, any content outside of this document has no association with the Author or the Reviewer in any way.  

NO WARRANTY 

DST, the Author, and the Reviewer are not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted whatsoever for any direct, indirect or consequential loss arising from the use of this document. DST, the Author, and the Reviewer expressly disclaim any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Additionally, DST, the Author, and the Reviewer do not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice. 

NOT AN OFFERING 

This document is not intended as an offering, recommendation, or a solicitation of an offer to buy or sell the securities mentioned or discussed, and is to be used for informational purposes only. Please read all associated disclosures and disclaimers in full before investing. Neither DST nor any party affiliated with us is a registered investment adviser or broker-dealer with any agency or in any jurisdiction whatsoever. To download our report(s), read our disclosures, or for more information, visit

http://dailystocktracker.com/disclaimer/

CONTACT
For any questions, inquiries, or comments reach out to us directly. If you ' re a company we are covering and wish to no longer feature on our coverage list contact us via email and/or phone between 09:30 EDT to 16:00 EDT from Monday to Friday at:
Email: contact@dailystocktracker.com
Phone number: (207)331-3313
Office Address: 377 Rivonia Boulevard, Rivonia, South Africa

CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.


SOURCE Chelmsford Park SA



Get the latest news and updates from Stockhouse on social media

Follow STOCKHOUSE Today