Mercury General Corp
NYSE:MCY

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Mercury General Corp
NYSE:MCY
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Price: 66.48 USD -0.2% Market Closed
Market Cap: 3.7B USD
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Mercury General Corp
Gross Premiums Earned

Last Value
3-Years 3-Y CAGR
5-Years 5-Y CAGR
10-Years 10-Y CAGR
Quarterly
Annual
TTM
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Mercury General Corp
Gross Premiums Earned Peer Comparison

Competitors Analysis
Latest Figures & CAGR of Competitors

Company Gross Premiums Earned CAGR 3Y CAGR 5Y CAGR 10Y
Mercury General Corp
NYSE:MCY
Gross Premiums Earned
$4.9B
CAGR 3-Years
10%
CAGR 5-Years
7%
CAGR 10-Years
6%
Travelers Companies Inc
NYSE:TRV
Gross Premiums Earned
$41.9B
CAGR 3-Years
10%
CAGR 5-Years
8%
CAGR 10-Years
6%
Allstate Corp
NYSE:ALL
Gross Premiums Earned
$59.7B
CAGR 3-Years
11%
CAGR 5-Years
9%
CAGR 10-Years
7%
Progressive Corp
NYSE:PGR
Gross Premiums Earned
$68.8B
CAGR 3-Years
16%
CAGR 5-Years
14%
CAGR 10-Years
14%
Cincinnati Financial Corp
NASDAQ:CINF
Gross Premiums Earned
$8.6B
CAGR 3-Years
11%
CAGR 5-Years
9%
CAGR 10-Years
7%
W R Berkley Corp
NYSE:WRB
Gross Premiums Earned
$11.9B
CAGR 3-Years
13%
CAGR 5-Years
11%
CAGR 10-Years
7%
No Stocks Found

Mercury General Corp
Glance View

Market Cap
3.7B 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
78.98 USD
Undervaluation 16%
Intrinsic Value
Price

See Also

What is Mercury General Corp's Gross Premiums Earned?
Gross Premiums Earned
4.9B USD

Based on the financial report for Sep 30, 2024, Mercury General Corp's Gross Premiums Earned amounts to 4.9B USD.

What is Mercury General Corp's Gross Premiums Earned growth rate?
Gross Premiums Earned CAGR 10Y
6%

Over the last year, the Gross Premiums Earned growth was 18%. The average annual Gross Premiums Earned growth rates for Mercury General Corp have been 10% over the past three years , 7% over the past five years , and 6% over the past ten years .

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