7 Multiline Insurers to Watch As Business Activity Gains Momentum
Product diversification helps Zacks Multiline Insurance industry players to lower concentration risk, ensure uninterrupted revenue generation, and improve retention ratio. Better pricing, prudent underwriting, increased exposure, faster economy recovery on the receding impact of the pandemic and increased vaccinations should benefit MetLife Inc. MET, American International GroupAIG, Cigna Corporation CI, The Hartford Financial Services GroupHIG, Prudential Financial PRU, Assurant AIZ and Old Republic International Corporation ORI. Accelerated digitalization will help in the smooth functioning of the industry.
The solid capital level of the multiline insurers will again fuel merger and acquisition (M&A) activities. Though a low-rate environment weighs on investment income and hampers life as well as long tail property and casualty operations, the same makes borrowed funding affordable.
Investor Alert: Legal Marijuana Looking for big gains?
Now is the time to get in on a young industry primed to skyrocket from $13.5 billion in 2021 to an expected $70.6 billion by 2028.
After a clean sweep of 6 election referendums in 5 states, pot is now legal in 36 states plus D.C. Federal legalization is expected soon and that could kick start an even greater bonanza for investors. Zacks Investment Research has recently closed pot stocks that have shot up as high as +147.0%
You’re invited to immediately check out Zacks’ Marijuana Moneymakers: An Investor’s Guide. It features a timely Watch List of pot stocks and ETFs with exceptional growth potential.
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