XL Group PLC (XL): Today's Featured Insurance Laggard

Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer or Stephanie Link.

XL Group ( XL) pushed the Insurance industry lower today making it today's featured Insurance laggard. The industry as a whole closed the day up 0.5%. By the end of trading, XL Group fell $0.37 (-1.2%) to $30.86 on average volume. Throughout the day, 2,124,197 shares of XL Group exchanged hands as compared to its average daily volume of 1,791,300 shares. The stock ranged in price between $30.84-$31.22 after having opened the day at $31.20 as compared to the previous trading day's close of $31.23. Other companies within the Insurance industry that declined today were: First Acceptance Corporation ( FAC), down 2.8%, American National Insurance ( ANAT), down 2.1%, Crawford & Company ( CRD.B), down 2.0% and China Life Insurance ( LFC), down 1.9%.

XL GROUP Public Limited Company, through its subsidiaries, provides insurance and reinsurance coverages to industrial, commercial, and professional firms, as well as insurance companies and other enterprises worldwide. XL Group has a market cap of $9.0 billion and is part of the financial sector. Shares are up 25.5% year to date as of the close of trading on Monday. Currently there are 9 analysts that rate XL Group a buy, no analysts rate it a sell, and 6 rate it a hold.

TheStreet Ratings rates XL Group as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures, solid stock price performance, impressive record of earnings per share growth and compelling growth in net income. We feel these strengths outweigh the fact that the company shows weak operating cash flow.

On the positive front, Eastern Insurance Holdings ( EIHI), up 15.4%, eHealth ( EHTH), up 7.6%, HCI Group ( HCI), up 6.2% and Independence Holding Company ( IHC), up 5.1% , were all gainers within the insurance industry with Genworth Financial ( GNW) being today's featured insurance industry leader.

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).

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.
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