U.S. Insurance Low Leverage High Rewards

Donegal Group

Market Cap: US$636.6m

An insurance holding company, provides commercial and personal lines of property and casualty coverages.

Safety Insurance Group

Market Cap: US$1.1b

Provides private passenger and commercial automobile, and homeowner insurance in Massachusetts, the United States.

Erie Indemnity

Market Cap: US$13.6b

Operates as a managing attorney-in-fact for the subscribers at the Erie Insurance Exchange in the United States.

Principal Financial Group

Market Cap: US$20.0b

Provides retirement, asset management, and insurance products and services to businesses, individuals, and institutional clients worldwide.

Allstate

Market Cap: US$55.1b

Provides property and casualty, and other insurance products in the United States and Canada.

American International Group

Market Cap: US$42.2b

Provides insurance products for commercial, institutional, and individual customers in North America and internationally.

Hanover Insurance Group

Market Cap: US$6.2b

Through its subsidiaries, provides various property and casualty insurance products and services for individuals and businesses in the United States.

Old Republic International

Market Cap: US$10.2b

Through its subsidiaries, provides insurance underwriting and related services in the United States and Canada.

Universal Insurance Holdings

Market Cap: US$985.3m

Operates as an integrated insurance holding company in the United States.

RLI

Market Cap: US$5.7b

An insurance holding company, provides property, casualty, and surety insurance products.

Everest Group

Market Cap: US$13.5b

Together with subsidiaries, provides reinsurance and insurance products in the United States, Europe, and internationally.

Cincinnati Financial

Market Cap: US$25.7b

Provides property casualty insurance products in the United States.

CNA Financial

Market Cap: US$13.0b

An insurance holding company, primarily provides commercial property and casualty insurance products in the United States, Canada, the United Kingdom, Continental Europe, and internationally.

Selective Insurance Group

Market Cap: US$4.8b

Provides insurance products and services in the United States.

Unum Group

Market Cap: US$12.0b

Provides financial protection benefit solutions in the United States, the United Kingdom, and Poland.

Aflac

Market Cap: US$57.5b

Through its subsidiaries, provides supplemental health and life insurance products.

Investors Title

Market Cap: US$428.6m

Engages in the issuance of residential and commercial title insurance for residential, institutional, commercial, and industrial properties.

Stewart Information Services

Market Cap: US$2.0b

Through its subsidiaries, provides title insurance and real estate transaction related services in the United States and internationally.

First American Financial

Market Cap: US$6.9b

Through its subsidiaries, provides financial services.

Progressive

Market Cap: US$123.4b

Operates as an insurance company in the United States.

American Financial Group

Market Cap: US$10.9b

An insurance holding company, provides property and casualty insurance products in the United States.

Employers Holdings

Market Cap: US$786.1m

Through its subsidiaries, provides workers' compensation insurance and services in the United States.

Fidelity National Financial

Market Cap: US$13.6b

Provides various insurance products in the United States.

American Coastal Insurance

Market Cap: US$560.4m

Through its subsidiaries, primarily engages in the commercial and personal property and casualty insurance business in the United States.

AMERISAFE

Market Cap: US$645.6m

An insurance holding company, underwrites workers’ compensation insurance in the United States.

F&G Annuities & Life

Market Cap: US$3.1b

Provides annuity and life insurance products in the United States.

W. R. Berkley

Market Cap: US$26.2b

An insurance holding company, operates as a commercial line writer worldwide.