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Insurance Stocks To Add to Your Watchlist - October 15th

Progressive logo with Finance background

Key Points

  • Progressive, Wells Fargo, Berkshire Hathaway, Marsh & McLennan, and Chubb are the top five insurance stocks recommended for investor watchlists.
  • Insurance stocks are generally viewed as defensive, income-oriented holdings whose performance is influenced by various factors, including underwriting results and interest rates.
  • The companies mentioned have shown the highest dollar trading volume among insurance stocks recently, indicating increased investor interest.
  • MarketBeat previews the top five stocks to own by November 1st.

Progressive, Wells Fargo & Company, Berkshire Hathaway, Marsh & McLennan Companies, and Chubb 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 insurance policies (life, health, property & casualty, reinsurance) and generate revenue from premiums and investment income on reserves. For investors, these stocks are often seen as defensive, income-oriented holdings whose returns depend on underwriting results, claims and catastrophe exposure, interest rates and regulatory capital requirements. These companies had the highest dollar trading volume of any Insurance stocks within the last several days.

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

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

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.

Read Our Latest Research Report on BRK.B

Marsh & McLennan Companies (MMC)

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 MMC

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

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