Best Insurance Stocks To Add to Your Watchlist – January 14th

Wells Fargo & Company, Berkshire Hathaway, KKR & Co. Inc., American International Group, and Progressive are the five Insurance stocks to watch today, according to MarketBeat’s stock screener tool. Insurance stocks are shares of publicly traded companies that underwrite and sell insurance (life, health, property & casualty, reinsurance) or provide related risk-management services, with revenues coming from premiums, fees and returns on invested reserves. Investors evaluate them by looking at underwriting performance (loss ratios and reserves), investment income, interest-rate sensitivity, exposure to catastrophic events, and regulatory environment, all of which affect profitability and dividend potential. These companies had the highest dollar trading volume of any Insurance stocks within the last several days.

Wells Fargo & Company (WFC)

Wells Fargo & Co. is a diversified and community-based financial services company, which engages in the provision of banking, insurance, investments, mortgage, and consumer and commercial finance products and services. It operates through the following segments: Consumer Banking and Lending, Commercial Banking, Corporate and Investment Banking, and Wealth and Investment Management.

Berkshire Hathaway (BRK.B)

Berkshire Hathaway Inc., through its subsidiaries, engages in the insurance, freight rail transportation, and utility businesses worldwide. The company provides property, casualty, life, accident, and health insurance and reinsurance; and operates railroad systems in North America. It also generates, transmits, stores, and distributes electricity from natural gas, coal, wind, solar, hydroelectric, nuclear, and geothermal sources; operates natural gas distribution and storage facilities, interstate pipelines, liquefied natural gas facilities, and compressor and meter stations; and holds interest in coal mining assets.

KKR & Co. Inc. (KKR)

KKR & Co., Inc. operates as an investment firm. It offers alternative asset management as well as capital markets and insurance solutions. The firm’s business segments include Asset Management and Insurance Business. The Asset Management segment engages in providing private equity, real assets, credit and liquid strategies, capital markets, and principal activities.

American International Group (AIG)

American International Group, Inc. offers insurance products for commercial, institutional, and individual customers in North America and internationally. It operates through three segments: General Insurance, Life and Retirement, and Other Operations. The General Insurance segment provides commercial and industrial property insurance, including business interruption and package insurance that cover exposure to made and natural disasters; general liability, environmental, commercial automobile liability, workers’ compensation, excess casualty, and crisis management insurance products; and professional liability insurance.

Progressive (PGR)

The Progressive Corporation, an insurance holding company, provides personal and commercial auto, personal residential and commercial property, business related general liability, and other specialty property-casualty insurance products and related services in the United States. It operates in three segments: Personal Lines, Commercial Lines, and Property.