StockStory Names Palomar Holdings Top Insurance Pick, Flags Hanover and Enact as Risky

StockStory··Read original
2▲1 ▼2Impact / 5
Summary · why it matters

StockStory identifies Palomar Holdings as a resilient insurance stock to own for decades, while labeling The Hanover Insurance Group and Enact Holdings as risky. Palomar, a specialty insurer focused on catastrophe markets, saw net premiums earned surge 55.8% annually over the past two years and book value per share grow 34% annually. In contrast, Hanover's annual revenue growth of 4.9% over two years lagged peers, and Enact's net premiums earned remained stagnant over five years with flat sales forecasted. Palomar trades at 3.3 times forward price-to-book, Hanover at 2 times, and Enact at 1.1 times.

Impact on assets 3

Financials± Mixed · 3 stocks
Enact Holdings Inc
ACT
▼ NegativeCapitalrelevance

StockStory flags Enact as risky due to stagnant net premiums and flat sales forecast.

Palomar Holdings Inc
PLMR
▲ PositiveCapitalrelevance

StockStory names Palomar top insurance pick citing strong premium and book value growth.

© 2026 MarketIVNews