This Morning’s Technical Outlook on Insurance Stocks — MGIC Investment, Progressive, Third Point Reinsurance, and W.R. Berkley

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NEW YORK, Jan. 22, 2018 /PRNewswire/ -- WallStEquities.com strives to bring the best free research to the investment community. Today we are offering reports on MTG, PGR, TPRE, and WRB which can be accessed for free by signing up to www.wallstequities.com/registration. On Friday, benchmark US indices were in bullish colors as the NASDAQ Composite closed the trading session up 0.55%; the Dow Jones Industrial Average edged 0.21% higher; and the S&P 500 was up 0.44%. US markets made broad based gains with eight out of nine sectors finishing the day in green. Pre-market today, WallStEquities.com reviews these four Property & Casualty Insurance stocks: MGIC Investment Corp. (NYSE: MTG), The Progressive Corp. (NYSE: PGR), Third Point Reinsurance Ltd (NYSE: TPRE), and W. R. Berkley Corp. (NYSE: WRB). All you have to do is sign up today for this free limited time offer by clicking the link below. www.wallstequities.com/registration

MGIC Investment

Milwaukee, Wisconsin headquartered MGIC Investment Corp.'s stock finished Friday's session 0.06% higher at $15.68. A total volume of 2.07 million shares was traded. The Company's shares have advanced 15.81% over the previous three months and 50.19% in the last twelve months. The stock is trading above its 50-day and 200-day moving averages by 7.33% and 27.32%, respectively. Furthermore, shares of MGIC Investment, which through its subsidiaries, provides private mortgage insurance and ancillary services to lenders and government sponsored entities in the US, have a Relative Strength Index (RSI) of 69.59.

On January 08^th, 2018, research firm Deutsche Bank upgraded the Company's stock rating from 'Hold' to 'Buy' while revising its previous target price from $15 a share to $18 a share. Get the full research report on MTG for free by clicking below at: www.wallstequities.com/registration/?symbol=MTG

Progressive

Shares in Mayfield Village, Ohio headquartered The Progressive Corp. ended at $57.66, up 0.65% from the last trading session. The stock recorded a trading volume of 3.82 million shares, which was above its three months average volume of 2.79 million shares. The Company's shares have gained 19.90% over the previous three months and 58.49% in the last twelve months. The stock is trading above its 50-day and 200-day moving averages by 6.53% and 21.97%, respectively. Moreover, shares of Progressive, which through its subsidiaries, provides personal and commercial property-casualty insurance, and other specialty property-casualty insurance and related services primarily in the US, have an RSI of 74.03. PGR's complimentary research coverage is a few simple steps away at: www.wallstequities.com/registration/?symbol=PGR

Third Point Reinsurance

Pembroke, Bermuda-based Third Point Reinsurance Ltd's stock ended last Friday's session 1.41% higher at $14.40 with a total trading volume of 484,565 shares. The Company's shares have advanced 29.73% in the last twelve months. The stock is trading above its 200-day moving average by 0.14%. Additionally, shares of Third Point Reinsurance, which through its subsidiaries, provides specialty property and casualty reinsurance products to insurance and reinsurance companies in the Americas, EMEA region, and Asia, have an RSI of 45.14. Are you already registered with Wall St. Equities? Do so now for free, and get the report on TPRE at: www.wallstequities.com/registration/?symbol=TPRE

W.R. Berkley

On Friday, shares in Greenwich, Connecticut-based W.R. Berkley Corp. recorded a trading volume of 284,313 shares. The stock finished the day 1.01% higher at $70.73. The Company's shares have advanced 6.92% over the last twelve months. The stock is trading above its 50-day and 200-day moving averages by 2.35% and 4.31%, respectively. Furthermore, shares of W.R. Berkley, which operates as commercial lines writer in the US and internationally, have an RSI of 59.89. Aspiring Member, please take a moment to register below for your free research report on WRB at: www.wallstequities.com/registration/?symbol=WRB

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