The insurance industry closed the day down 3%. Berkshire Hathaway Inc ( BRK.B), Affirmative Insurance Holdings Inc ( AFFM), Everest Re Group ( RE), and Aflac Inc ( AFL) were all winners today within the insurance industry with Life Partners Holdings Inc ( LPHI) being today's featured insurance winner. Life Partners Holdings Inc rose 12 cents (2%) to $6.12 on average volume. Throughout the day, 192,876 shares of Life Partners Holdings Inc exchanged hands as compared to its average daily volume of 251,100 shares. Life Partners Holdings, Inc., through its subsidiary, Life Partners, Inc., operates in the secondary market for life insurance in the United States. It facilitates life settlement transactions by identifying, examining, and purchasing the policies as agent for the purchasers. Life Partners Holdings Inc has a market cap of $119.5 million and is part of the financial sector. The company has a P/E ratio of 4.2, equal to the average insurance industry P/E ratio and below the S&P 500 P/E ratio of 17.7. Shares are down 58.1% year to date as of the close of trading on Tuesday. TheStreet Ratings rates Life as a hold. The company's strengths can be seen in multiple areas, such as its largely solid financial position with reasonable debt levels by most measures, expanding profit margins and notable return on equity. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, weak operating cash flow and a generally disappointing performance in the stock itself.
For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the insurance industry could consider KBW Insurance ETF ( KIE) while those bearish on the insurance industry could consider Proshares Short Financials ( SEF).