Aon Plc (AON): Today's Featured Insurance Laggard

Aon plc ( AON) pushed the Insurance industry lower today making it today's featured Insurance laggard. The industry as a whole closed the day down 0.6%. By the end of trading, Aon plc fell 61 cents (-1.2%) to $49.20 on average volume. Throughout the day, 1.7 million shares of Aon plc exchanged hands as compared to its average daily volume of 2.1 million shares. The stock ranged in price between $49.11-$49.95 after having opened the day at $49.95 as compared to the previous trading day's close of $49.81. Other company's within the Insurance industry that declined today were: Tower Group ( TWGP), down 14.1%, Kansas City Life Insurance ( KCLI), down 6.1%, Mercury General Corporation ( MCY), down 5.8%, and AMERISAFE ( AMSF), down 5.1%.

Aon Corporation provides risk management services, insurance and reinsurance brokerage, and human resource consulting and outsourcing services primarily in the United States, the Americas, the United Kingdom, Europe, the Middle East, Africa, and the Asia Pacific. Aon plc has a market cap of $16.1 billion and is part of the financial sector. The company has a P/E ratio of 17.2, equal to the average insurance industry P/E ratio and below the S&P 500 P/E ratio of 17.7. Shares are up 5.2% year to date as of the close of trading on Monday. Currently there are nine analysts that rate Aon plc a buy, no analysts rate it a sell, and eight rate it a hold.

TheStreet Ratings rates Aon plc as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, attractive valuation levels and notable return on equity. We feel these strengths outweigh the fact that the company has had sub par growth in net income.

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).

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