Insurance stocks are stocks of the insurance companies that deal in life insurance, property or casualty insurance, accident and health insurance, surety and title insurance, and insurance brokers. Insurance stocks have experienced a sudden rally and outperformed the benchmarks in recent times due to booming business and rising demand.
Insurance stocks are a must in the investment portfolio due to stability and high returns. With the growth in the sales of retail insurance products, insurers have been able to increase their margins and become more profitable. This has further led to the uptick in insurance stocks and returns from them.
|CNO||CNO Financial Group, Inc.||$22.71||44.83%||3.0B|
|EIG||Employers Holdings, Inc.||$39.00||14.17%||1.1B|
|GLRE||Greenlight Capital Re, Ltd.||$8.75||27.18%||304.9M|
|GTS||Triple-S Management Corporation||$23.76||26.18%||562.6M|
|ACGLO||Arch Capital Group Ltd.||$26.06||1.76%||15.6B|
|ACGLP||Arch Capital Group Ltd.||$25.25||1.16%||15.6B|
|AJG||Arthur J. Gallagher & Co.||$143.05||37.64%||29.3B|
|BRO||Brown & Brown, Inc.||$54.35||19.71%||15.3B|
|EQH||AXA Equitable Holdings, Inc.||$29.41||44.88%||12.6B|
|ERIE||Erie Indemnity Company||$183.68||-10.94%||8.5B|
|GSHD||Goosehead Insurance, Inc||$127.42||53.04%||4.7B|
|MMC||Marsh & McLennan Companies, Inc.||$147.41||28.61%||75.1B|
|WLTW||Willis Towers Watson Public Limited Company||$226.41||7.04%||29.2B|
|LFC||China Life Insurance Company Limited||$8.66||-26.11%||112.5B|
|ING||ING Groep N.V.||$12.34||67.21%||48.3B|
|PRU||Prudential Financial, Inc.||$99.50||53.29%||39.2B|
|MFC||Manulife Financial Corporation||$19.04||36.19%||37.1B|
|PFG||Principal Financial Group, Inc.||$62.19||38.91%||16.9B|
|LNC||Lincoln National Corporation||$60.28||62.00%||11.5B|
|GL||Globe Life Inc.||$93.36||16.16%||9.6B|
|RGA||Reinsurance Group of America, Incorporated||$107.21||22.82%||7.3B|
|BHF||Brighthouse Financial, Inc.||$41.72||43.12%||3.6B|
|BHFAP||Brighthouse Financial, Inc.||$27.41||4.74%||3.6B|
|AEL||American Equity Investment Life Holding Company||$31.80||24.32%||3.0B|
|GNW||Genworth Financial, Inc.||$3.26||48.86%||1.7B|
|FFG||FBL Financial Group, Inc.||$0.06||500.00%||62.2M|
|AIG||American International Group, Inc.||$47.31||51.10%||40.6B|
|PGR||The Progressive Corporation||$94.73||7.82%||55.4B|
|ALL||The Allstate Corporation||$129.74||37.49%||38.8B|
|TRV||The Travelers Companies, Inc.||$147.87||25.02%||36.9B|
|SLF||Sun Life Financial Inc.||$50.83||28.26%||29.8B|
|HIG||The Hartford Financial Services Group, Inc.||$61.40||48.02%||21.9B|
|CINF||Cincinnati Financial Corporation||$115.24||38.46%||18.6B|
|ACGL||Arch Capital Group Ltd.||$38.53||24.89%||15.6B|
|WRB||W. R. Berkley Corporation||$74.81||16.96%||13.3B|
|CNA||CNA Financial Corporation||$43.80||29.05%||11.9B|
|RE||Everest Re Group, Ltd.||$242.79||8.38%||9.7B|
|AFG||American Financial Group, Inc.||$125.91||103.41%||10.7B|
|RNR||RenaissanceRe Holdings Ltd.||$149.32||-17.11%||7.4B|
|FAF||First American Financial Corporation||$65.50||20.54%||7.2B|
|ORI||Old Republic International Corporation||$24.40||47.43%||7.4B|
|THG||The Hanover Insurance Group, Inc.||$132.55||31.69%||4.8B|
|RDN||Radian Group Inc.||$22.21||56.08%||4.2B|
|AXS||AXIS Capital Holdings Limited||$49.09||20.00%||4.2B|
|MTG||MGIC Investment Corporation||$13.61||75.61%||4.6B|
|ESGR||Enstar Group Limited||$261.13||49.59%||5.8B|
|SIGI||Selective Insurance Group, Inc.||$77.94||34.87%||4.7B|
|WTM||White Mountains Insurance Group, Ltd.||$1,127.90||28.44%||3.5B|
|ANAT||American National Insurance Company||$156.69||114.29%||4.2B|
|NGHCP||National General Holdings Corp.||#N/A||#N/A||#N/A|
|MCY||Mercury General Corporation||$61.45||47.47%||3.4B|
|NGHCN||National General Holdings Corp.||#N/A||#N/A||#N/A|
|NGHCO||National General Holdings Corp.||#N/A||#N/A||#N/A|
|NGHC||National General Holdings Corp.||#N/A||#N/A||#N/A|
|ARGO||Argo Group International Holdings, Ltd.||$50.03||46.12%||1.7B|
|KNSL||Kinsale Capital Group, Inc.||$170.16||2.44%||3.9B|
|HMN||Horace Mann Educators Corporation||$38.69||1.98%||1.6B|
|SAFT||Safety Insurance Group, Inc.||$75.44||-0.89%||1.1B|
|STFC||State Auto Financial Corporation||$50.88||210.05%||2.2B|
|JRVR||James River Group Holdings, Ltd.||$36.54||-22.14%||1.4B|
|PLMR||Palomar Holdings, Inc.||$76.69||-6.82%||2.0B|
|UFCS||United Fire Group, Inc.||$23.91||-11.35%||600.6M|
|STC||Stewart Information Services Corporation||$58.30||54.93%||1.6B|
|FNF||Fidelity National Financial, Inc.||$44.74||33.99%||12.9B|
|AGO||Assured Guaranty Ltd.||$46.34||97.28%||3.5B|
|NMIH||NMI Holdings, Inc.||$21.04||46.72%||1.8B|
Factors to Consider Before Investing in Insurance Stocks
Investors must consider the fundamental strengths of business before investing in insurance stocks. The fundamental analysis must include industry-specific parameters, including new business premiums and annualized premium equivalent, in addition to the standard factors like returns, P/E ratios, valuation, and dividend yield.
Additionally, investors must also take an in-depth look at the types of insurance offered, portfolio and book value consisting of capital held for future claims, underwriting diversification, and combined ratios. These sector-specific features give a clearer picture of the future performance of insurance stocks.
Investors must also note that insurance stocks are one of the few stocks where past performance helps in predicting future performance. Therefore, technical analysis can also yield competent results while investing in insurance stocks.
Which Insurance Stocks Should I Buy?
A wide range of insurance stocks trades on the US stock exchanges. They belong to companies dealing with different segments of the insurance sector. We have shortlisted the best insurance stocks for investors to choose from.
Insurance stocks are on a sustained growth path due to solid distribution franchise, growth in the overall business, and due to the shift towards high-margin segments. During the times when the financial sector is highly volatile and risky, insurance stocks are suitable investments for stable returns and long-term growth.
If insurance stocks are something that interests you, you may also enjoy our list of pharma stocks. Find the stocks right for you, and get investing.
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