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ERIE - Erie Indemnity: Defensive With A Strong Upside Potential
June, 03 2021 12:59 PM
Erie Indemnity Company
ERIE has exceeded Conning’s industry growth for 12 consecutive years, signaling characteristic of a strong insurance franchise. Premium growth is a combination of strong retention of above 90% and higher average premium per policy, particularly in commercial lines segment. ERIE is considered a dividend aristocrat since it has grown dividend for 31 consecutive years. Tech innovation could potentially improve private auto insurance combined ratio and boost profitability. For further details see:
Erie Indemnity: Defensive With A Strong Upside Potential
Stock Information
Company Name:
Erie Indemnity Company
Stock Symbol:
ERIE
Market:
NASDAQ
Website:
erieinsurance.com
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