Superior underwriting discipline and a sound capital structure should help it retain the momentum. Image Source: Zacks Investment Research Given the solid capital level of the insurance industry and an improvement in the operating backdrop, insurers like Erie Indemnity Company ( ERIE - Free Report ), The Hanover Insurance Group, Inc. ( THG - Free Report ) and AXIS Capital Holdings Limited ( AXS - Free Report ) have resorted to effective capital deployment to enhance shareholders' value. The board of directors of Erie Indemnity approved a 7.2% hike in its dividend.