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Lowest Return on Equity in the Multi-line Insurance Industry Detected in Shares of Fairfax Financial Holdings (FRFHF, HIG, GNW, L, ANAT)
Feb 16, 2013 (SmarTrend(R) News Watch via COMTEX) --
Below are the three companies in the Multi-line Insurance industry with the lowest return on equity. The ROE is a general indication of the company's efficiency; investors usually look for companies with ROEs that are high and are growing.Fairfax Financial Holdings ranks lowest with a ROE of -9.0%. Following is Hartford Financial Services with a ROE of 1.4%. Genworth Financial ranks third lowest with a ROE of 2.0%.
Loews follows with a ROE of 4.5%, and American National Insurance rounds out the bottom five with a ROE of 4.8%.
SmarTrend recommended that subscribers consider buying shares of American National Insurance on January 7th, 2013 as our technology indicated a new Uptrend was in progress when shares hit $70.01. Since that recommendation, shares of American National Insurance have risen 14.0%. We continue to monitor American National Insurance for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.
Write to Chip Brian at cbrian@mysmartrend.com
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