Mercury General Corp
NYSE:MCY

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Mercury General Corp
NYSE:MCY
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Price: 65.41 USD -0.52% Market Closed
Market Cap: 3.6B USD
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Mercury General Corp
Deferred Policy Acquisition Cost

Last Value
3-Years 3-Y CAGR
5-Years 5-Y CAGR
10-Years 10-Y CAGR
Quarterly
Annual
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Mercury General Corp
Deferred Policy Acquisition Cost Peer Comparison

Competitors Analysis
Latest Figures & CAGR of Competitors

Company Deferred Policy Acquisition Cost CAGR 3Y CAGR 5Y CAGR 10Y
Mercury General Corp
NYSE:MCY
Deferred Policy Acquisition Cost
$341.4m
CAGR 3-Years
9%
CAGR 5-Years
8%
CAGR 10-Years
5%
Travelers Companies Inc
NYSE:TRV
Deferred Policy Acquisition Cost
$3.6B
CAGR 3-Years
12%
CAGR 5-Years
9%
CAGR 10-Years
7%
Allstate Corp
NYSE:ALL
Deferred Policy Acquisition Cost
$5.8B
CAGR 3-Years
8%
CAGR 5-Years
4%
CAGR 10-Years
5%
Progressive Corp
NYSE:PGR
Deferred Policy Acquisition Cost
$2B
CAGR 3-Years
12%
CAGR 5-Years
13%
CAGR 10-Years
15%
Markel Corp
NYSE:MKL
Deferred Policy Acquisition Cost
$967.7m
CAGR 3-Years
8%
CAGR 5-Years
11%
CAGR 10-Years
10%
Cincinnati Financial Corp
NASDAQ:CINF
Deferred Policy Acquisition Cost
$1.2B
CAGR 3-Years
11%
CAGR 5-Years
10%
CAGR 10-Years
8%
No Stocks Found

Mercury General Corp
Glance View

Market Cap
3.6B USD
Industry
Insurance

Mercury General Corp., a stalwart in the insurance industry, was founded in 1961 by the dynamic entrepreneur George Joseph. With its headquarters nestled in Los Angeles, California, the company has established itself as a formidable name in personal automobile insurance in the United States. Mercury General operates primarily through a series of subsidiaries, focusing on providing personalized insurance products tailored to meet the specific needs of its clients. Offering not just auto insurance but also homeowners, renters, and umbrella insurance, Mercury ensures it maintains a robust product portfolio, catering to a diverse customer base. The firm's diligent underwriting process and commitment to customer service are key tenets of its business, allowing it to cultivate trust and long-term relationships with policyholders. Revenue generation for Mercury General largely hinges on the strategic balancing act of premium collection and claims management. It collects premiums from policyholders, which form a significant part of its revenue stream, while its profitability is driven by prudent risk assessment and cost-effective management of claims. The company efficiently invests the reserves from collected premiums, generating investment income that complements its underwriting profits. Mercury leverages its local agents to maintain a community-centric presence, ensuring face-to-face interactions with clients, which in turn aids in client retention and acquisition. Through a blend of innovative insurance solutions and prudent financial management, Mercury General Corp. continues to navigate the competitive insurance landscape, striving to deliver value to both its customers and shareholders.

MCY Intrinsic Value
78.76 USD
Undervaluation 17%
Intrinsic Value
Price

See Also

What is Mercury General Corp's Deferred Policy Acquisition Cost?
Deferred Policy Acquisition Cost
341.4m USD

Based on the financial report for Sep 30, 2024, Mercury General Corp's Deferred Policy Acquisition Cost amounts to 341.4m USD.

What is Mercury General Corp's Deferred Policy Acquisition Cost growth rate?
Deferred Policy Acquisition Cost CAGR 10Y
5%

Over the last year, the Deferred Policy Acquisition Cost growth was 15%. The average annual Deferred Policy Acquisition Cost growth rates for Mercury General Corp have been 9% over the past three years , 8% over the past five years , and 5% over the past ten years .

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