This Day On The Street
Continue to site
ADVERTISEMENT
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

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

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

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
Stocks Under $10

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

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

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
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

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

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
SYM TRADE IT LAST %CHG

Markets

Chart of I:DJI
DOW 16,136.38 -238.38 -1.46%
S&P 500 1,917.52 -33.61 -1.72%
NASDAQ 4,674.8760 -58.6210 -1.24%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs