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Best Insurance Stocks To Add to Your Watchlist - March 13th

Wells Fargo & Company logo with Finance background
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Key Points

  • MarketBeat's screener flagged seven insurance-related stocks to watch: Wells Fargo (WFC), Marsh & McLennan (MRSH), KKR (KKR), Chubb (CB), Progressive (PGR), Arthur J. Gallagher (AJG), and UPS (UPS).
  • These companies recorded the highest dollar trading volume among Insurance stocks over the past several days, indicating elevated market interest.
  • Insurance stocks' returns hinge on underwriting results and investment income and are exposed to catastrophe, interest-rate, and regulatory risks, though they can offer steady dividends and portfolio diversification.
  • Five stocks to consider instead of Wells Fargo & Company.

Wells Fargo & Company, Marsh & McLennan Companies, KKR & Co. Inc., Chubb, Progressive, Arthur J. Gallagher & Co., and United Parcel Service are the seven Insurance stocks to watch today, according to MarketBeat's stock screener tool. Insurance stocks are shares of publicly traded companies that underwrite or sell insurance products—such as life, health, property & casualty, and reinsurance—and generate revenue from premiums and investment of those funds. For investors, their returns depend on underwriting results (claims versus premiums), investment income on the insurer’s float, and exposure to catastrophe, interest-rate and regulatory risks; they can offer steady dividends and portfolio diversification but are sensitive to cyclical and event-driven losses. 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.

Read Our Latest Research Report on WFC

Marsh & McLennan Companies (MRSH)

Marsh & McLennan Cos., Inc. is a professional services firm, which engages in offering clients advice and solutions in risk, strategy, and people. It operates through the Risk and Insurance Services, and Consulting segments. The Risk and Insurance Services segment is involved in risk management activities, as well as insurance and reinsurance broking and services.

Read Our Latest Research Report on MRSH

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.

Read Our Latest Research Report on KKR

Chubb (CB)

Chubb Limited provides insurance and reinsurance products worldwide. The company's North America Commercial P&C Insurance segment offers commercial property, casualty, workers' compensation, package policies, risk management, financial lines, marine, construction, environmental, medical risk, cyber risk, surety, and casualty; and group accident and health insurance to large, middle market, and small commercial businesses.

Read Our Latest Research Report on CB

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.

Read Our Latest Research Report on PGR

Arthur J. Gallagher & Co. (AJG)

Arthur J. Gallagher & Co. engages in the provision of insurance brokerage, reinsurance brokerage, consulting, and third-party claims settlement and administration services. It operates through the following segments: Brokerage, Risk Management, and Corporate. The Brokerage segment consists of retail and wholesale insurance brokerage operations.

Read Our Latest Research Report on AJG

United Parcel Service (UPS)

United Parcel Service, Inc., a package delivery company, provides transportation and delivery, distribution, contract logistics, ocean freight, airfreight, customs brokerage, and insurance services. It operates through two segments, U.S. Domestic Package and International Package. The U.S. Domestic Package segment offers time-definite delivery of express letters, documents, small packages, and palletized freight through air and ground services in the United States.

Read Our Latest Research Report on UPS

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This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

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