ACE Ltd (ACE): Today's Featured Insurance Winner

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.

ACE ( ACE) pushed the Insurance industry higher today making it today's featured insurance winner. The industry as a whole closed the day up 0.7%. By the end of trading, ACE rose $1.54 (1.7%) to $94.59 on heavy volume. Throughout the day, 2,402,638 shares of ACE exchanged hands as compared to its average daily volume of 1,454,100 shares. The stock ranged in a price between $93.11-$94.85 after having opened the day at $93.19 as compared to the previous trading day's close of $93.05. Other companies within the Insurance industry that increased today were: Crawford & Company ( CRD.B), up 6.4%, CorVel Corporation ( CRVL), up 4.8%, MGIC Investment Corporation ( MTG), up 3.9% and ING Groep N.V ( ING), up 3.8%.

ACE Limited, through its subsidiaries, provides a range of insurance and reinsurance products to insured's worldwide. ACE has a market cap of $31.4 billion and is part of the financial sector. The company has a P/E ratio of 9.0, below the S&P 500 P/E ratio of 17.7. Shares are down 10.1% year to date as of the close of trading on Monday. Currently there are 11 analysts that rate ACE a buy, no analysts rate it a sell, and 5 rate it a hold.

TheStreet Ratings rates ACE 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, impressive record of earnings per share growth, notable return on equity and increase in stock price during the past year. We feel these strengths outweigh the fact that the company shows weak operating cash flow.

On the negative front, National Security Group ( NSEC), down 8.9%, Life Partners Holdings ( LPHI), down 5.6%, Baldwin & Lyons ( BWINA), down 4.4% and Atlas Financial Holdings ( AFH), down 3.2%.

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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