This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
TheStreet Open House

Life Insurance Companies Gets Technical Coverage As They Shake Up Operations In Increased Premiums Environment

LONDON, January 16, 2013 /PRNewswire/ --

StockCall research team has posted free technical analyses on companies mentioned in this release. These can be accessed at

http://www.stockcall.com/register

Companies in the life insurance industry could be in for a solid 2013, as life insurance premiums are predicted to rise both this year and next. Globally, life insurance premiums are projected to increase by approximately 3%, according to a recent Swiss Re study. Several companies in the industry like, MetLife Inc. (NYSE: MET) and Genworth Financial Inc. (NYSE:GNW), have also been taking steps to improve their businesses by divesting non-core assets, growing their presence abroad and securing top executives to head up operations. See how the following companies, Genworth Financial Inc. (1), MetLife Inc. (2) and Prudential Financial Inc. (3), which are in the Life Insurance industry have been performing over the past years and how they are expected to perform in 2013. Sign up now for free at

http://www.stockcall.com/register  

MetLife's recently completed the sales of its bank deposits for $6.4 billion. This move follows the company's move away from the home loan segment last year as MetLife continues to recalibrate to its core insurance business. MetLife will be releasing its Earnings report on February 13 th, 2013.

Genworth Financial has also been selling non-core holdings with the aim of refocusing on its core business. The company has been considering alternatives for two of its non-core businesses which include an international division that offers lifestyle protection insurance. It is planning to boost this business value with the objective of selling it in the next few years.        

Asia and Latin America have been a specific focus for a number of life insurance companies of late, as countries such as India and Brazil offer great growth potential. A lack of health protection for many individuals combined with a growing affluent population in the aforementioned countries is fuelling demand, and those that can service that demand could see sales and profits rise.

While the industry looks poised for a solid year, there are a number of industry specific challenges. Competition in the industry remains spirited, and with interest rates remaining low, returns on funds held have been an issue for some like Prudential Financial Inc. (NYSE: PRU). That being said, a recovering economy in the U.S. coupled with strong foreign demand could lead life insurers higher this year.

1 of 2

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
DOW 17,279.74 +13.75 0.08%
S&P 500 2,010.40 -0.96 -0.05%
NASDAQ 4,579.7890 -13.6380 -0.30%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs