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Compare · AIZ vs PGR

AIZ vs PGR

Side-by-side comparison of Assurant Inc. (AIZ) and Progressive Corporation (PGR): market cap, price performance, sector, and recent activity on the wire.

Summary

  • Both AIZ and PGR operate in Property-Casualty Insurers (Finance), so they compete in similar markets.
  • PGR is the larger of the two at $117.93B, about 10.0x AIZ ($11.74B).
  • PGR has been more active in the news (27 items in the past 4 weeks vs 3 for AIZ).
  • PGR has more recent analyst coverage (25 ratings vs 17 for AIZ).
MetricAIZPGR
Company
Assurant Inc.
Progressive Corporation
Price
$236.41+1.54%
$201.34+0.31%
Market cap
$11.74B
$117.93B
1M return
+8.58%
-
1Y return
+23.49%
-
Industry
Property-Casualty Insurers
Property-Casualty Insurers
Exchange
NYSE
NYSE
IPO
2004
News (4w)
3
27
Recent ratings
17
25
AIZ

Assurant Inc.

Assurant, Inc., together with its subsidiaries, provides lifestyle and housing solutions that support, protect, and connect consumer purchases in North America, Latin America, Europe, and the Asia Pacific. The company operates through three segments: Global Lifestyle, Global Housing, and Global Preneed. The Global Lifestyle segment offers mobile device solutions, and extended service products and related services for mobile devices, consumer electronics, and appliances; vehicle protection and related services; and credit protection and other insurance products. The Global Housing segment provides lender-placed homeowners insurance, manufactured housing, and flood insurance; and renters insurance and related products, as well as voluntary manufactured housing insurance, voluntary homeowners insurance, and other specialty products. The Global Preneed segment offers pre-funded funeral insurance, final need insurance, and related services. The company was formerly known as Fortis, Inc. and changed its name to Assurant, Inc. in February 2004. Assurant, Inc. was founded in 1892 and is headquartered in New York, New York.

PGR

Progressive Corporation

The Progressive Corporation, an insurance holding company, provides personal and commercial auto, personal residential and commercial property, general liability, and other specialty property-casualty insurance products and related services in the United States. It operates in three segments: Personal Lines, Commercial Lines, and Property. The Personal Lines segment writes insurance for personal autos and recreational vehicles (RV). This segment's products include personal auto insurance; and special lines products, including insurance for motorcycles, ATVs, RVs, watercrafts, snowmobiles, and related products. The Commercial Lines segment provides auto-related primary liability and physical damage insurance, and business-related general liability and property insurance for autos, vans, pick-up trucks, and dump trucks used by small businesses; tractors, trailers, and straight trucks primarily used by regional general freight and expeditor-type businesses, and long-haul operators; dump trucks, log trucks, and garbage trucks used by dirt, sand and gravel, logging, and coal-type businesses; and tow trucks and wreckers used in towing services and gas/service station businesses; as well as non-fleet and airport taxis, and black-car services. The Property segment writes residential property insurance for homes, condos, manufactured homes, and renters, as well as offers personal umbrella insurance, and primary and excess flood insurance. The company also offers policy issuance and claims adjusting services; and acts as an agent to place business owner's policies, general and professional liability, and workers' compensation insurance. In addition, it provides reinsurance services. The company sells its products through independent insurance agencies, as well as directly on Internet through mobile devices, and over the phone. The Progressive Corporation was founded in 1937 and is headquartered in Mayfield, Ohio.