Mercury General Corp
NYSE:MCY

Watchlist Manager
Mercury General Corp Logo
Mercury General Corp
NYSE:MCY
Watchlist
Price: 65.41 USD -0.52% Market Closed
Market Cap: 3.6B USD
Have any thoughts about
Mercury General Corp?
Write Note

Mercury General Corp
Other Long-Term Assets

Last Value
3-Years 3-Y CAGR
5-Years 5-Y CAGR
10-Years 10-Y CAGR
Quarterly
Annual
|

Mercury General Corp
Other Long-Term Assets Peer Comparison

Competitors Analysis
Latest Figures & CAGR of Competitors

Company Other Long-Term Assets CAGR 3Y CAGR 5Y CAGR 10Y
Mercury General Corp
NYSE:MCY
Other Long-Term Assets
$20.9m
CAGR 3-Years
26%
CAGR 5-Years
N/A
CAGR 10-Years
N/A
Travelers Companies Inc
NYSE:TRV
Other Long-Term Assets
$1.3B
CAGR 3-Years
N/A
CAGR 5-Years
N/A
CAGR 10-Years
N/A
Allstate Corp
NYSE:ALL
Other Long-Term Assets
$3.2B
CAGR 3-Years
-56%
CAGR 5-Years
N/A
CAGR 10-Years
N/A
Progressive Corp
NYSE:PGR
Other Long-Term Assets
$608.9m
CAGR 3-Years
244%
CAGR 5-Years
N/A
CAGR 10-Years
N/A
Markel Corp
NYSE:MKL
Other Long-Term Assets
$753.5m
CAGR 3-Years
10%
CAGR 5-Years
9%
CAGR 10-Years
3%
Cincinnati Financial Corp
NASDAQ:CINF
Other Long-Term Assets
N/A
CAGR 3-Years
N/A
CAGR 5-Years
N/A
CAGR 10-Years
N/A
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 Other Long-Term Assets?
Other Long-Term Assets
20.9m USD

Based on the financial report for Sep 30, 2024, Mercury General Corp's Other Long-Term Assets amounts to 20.9m USD.

What is Mercury General Corp's Other Long-Term Assets growth rate?
Other Long-Term Assets CAGR 3Y
26%

Over the last year, the Other Long-Term Assets growth was -68%. The average annual Other Long-Term Assets growth rates for Mercury General Corp have been 26% over the past three years .

Back to Top