Subject: 52 Week Change in Property & Casualty Cos.
As we all know, Berkshire is a big player in the property & casualty insurance space. Value Line gives the following numbers for change from 52 week high for these insurance companies:
Company Stock Price Change from 52 week high
Arch Capital Group -22.1%
Berkshire -13.5%
Chubb -12.1%
Markel -5.8%
Allstate -2.0%
Progressive -15.5%
W. R. Berkeley -7.6%
Travelers -3.7%
White Mountains -11.9%
Cincinnati -4.8%
Mercury -11.6%
Maybe Berkshire's price decline is not so unusual when compared to other insurance companies.
Uwharrie