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0dteSPYFDs t1_j24urln wrote

Reply to comment by Not1random1enough in Progressive: The Valuation Enigma by 2ndSifter

Maybe, but Progressive is similar to Tesla is discussed in that it isn't exclusively a traditional insurer. They are pretty heavy into insuretech and their ease of use is unmatched.

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Not1random1enough t1_j27pdbl wrote

How do you feel about companies like AIG? Their pe is below 4. Zurich is below 15 etc

I dont know the difference as its not my field. Just curious as you are from the industry

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0dteSPYFDs t1_j29wfk2 wrote

I'll look at their 10k's when I have some time later and get back to you. Off the top of my head, neither seems like they have great growth prospects and Zurich is heavy into reinsurance which has been getting killed by CAT losses.

RemindMe! 8 hours

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