National General Holdings's Competitiveness
A competitive positioning analysis and financial ratio benchmarking of National General Holdings (NGHC) against its publicly traded competitors: sales growth, net income, profitability, valuation and market share, plus each peer's market capitalization, revenue, income and employees. Free below: the top 5 peers. Subscriber access adds the full competitor list and CSV downloads.
Key Findings: National General Holdings vs Its Competitors
- TTM: Trailing 12-month revenue of 5,552M vs -M combined for tracked competitors (100.0% combined share).
- Trending: Latest-quarter revenue run-rate is accelerating (+4.6% annualized vs trailing 12 months).
- Peer revenue share: National General Holdings accounted for 100.0% of combined revenue among its tracked peer group, up from 100.0% a year earlier.
Every figure above is sourced and cited in detail further down this page (Market Structure, Profitability & Cost Structure, Productivity vs Peers).
NGHC Sales vs. its Competitors, Q4 2020
National General Holdings generated 100.00 % of the combined sales of its peer group, up from 100.00 % a year earlier.
For context: the Property & Casualty Insurance industry grew revenue 5.6% year over year, combined, vs 6.0% for National General Holdings. National General Holdings's share of combined industry revenue moved from 0.53% to 0.53%, a gain of 0.00 percentage points.
National General Holdings's Competitor Quality Breadth
Share of each group, trailing 12 months: profitable (net margin > 0), expanding (revenue growth > 0), growing faster than the industry's own median, and financially distressed (Piotroski F-Score of 2 or below).
| Entity | Profitable | Expanding | Above Industry Growth | Distressed |
|---|---|---|---|---|
| National General Holdings Corp | Yes | Yes | Yes | No |
| High-Confidence Competitors (5) | ||||
| Similar Growth & Profitability (8) | 100.00 % (8 of 8) | 75.00 % (6 of 8) | 25.00 % (2 of 8) | 0.00 % (0 of 8) |
Source: CSIMarket API, trailing 12 months. Altman Z-Score is not shown here: it is not populated in the underlying data for any company. Percentages are of companies in each group that report the relevant metric, not of the full group size.
NGHC Stock Performance relative to its Competitors
NGHC Stock Performance relative to High-Confidence Competitors
NGHC Stock Performance relative to Similar Growth & Profitability Competitors
National General Holdings's Comment on Competition and Industry Peers
We rely heavily on technology and extensive data gathering and analysis to segment markets and price accurately according to risk potential. We have remained competitive by refining our risk measurement and price segmentation skills, closely managing expenses, and achieving operating efficiencies.
National General Holdings's Competitors Named by the Company
Competitive relationships identified from SEC filings and corroborating sources, each with a basis and confidence.| Competitor | Basis | Confidence |
|---|---|---|
| The Progressive Corporation | Named by the company | 85% |
| Farmers Insurance Group | Named by the company | 85% |
| Selective Insurance Group | Named by the company | 85% |
| Direct General Corporation | Named by the company | 85% |
| The Allstate Corporation | Named by the company | 85% |
| Mercury General Corporation | Named by the company | 85% |
| State Farm Mutual Automobile Insurance Company | Named by the company | 85% |
| The Hanover Insurance Group | Named by the company | 85% |
| Casualty Corporation | Named by the company | 85% |
Filing basis, confidence, active dates and source counts for National General Holdings's named competitors require a Commercial License.
Methodology: relationships are extracted from SEC filings (named-competitor disclosures) and corroborating sources. Named by the company = explicitly disclosed as a competitor; Inferred = derived from corroborating signals. Confidence reflects evidence strength.
National General Holdings's Business Segment Mix vs Peers
Revenue by operating segment or division, as named and reported by each company. Segment names are the filer's own and are not standardized across companies. Do not assume a same-named or similarly-named segment is defined identically between two companies. Shares are of each company's own total revenue and are not required to sum to 100% (intersegment revenue, unallocated items).| Company | Largest Segment |
|---|---|
| National General Holdings Corp | Property and Casualty 68.61 % |
Source: operating segment revenue as reported in each company's SEC filings (10-K/10-Q), via the CSIMarket API, leaf-level reportable segments only (parent roll-up segments are excluded where sub-segments are separately disclosed).