|Bid||53.280 x 800|
|Ask||53.290 x 800|
|Day's Range||53.050 - 53.420|
|52 Week Range||49.670 - 59.200|
|PE Ratio (TTM)||N/A|
|Earnings Date||Jul 26, 2018|
|Forward Dividend & Yield||1.00 (1.88%)|
|1y Target Est||59.67|
For today, WallStEquities.com observes The Hartford Financial Services Group Inc. (NYSE: HIG), Validus Holdings Ltd (NYSE: VR), American International Group Inc. (NYSE: AIG), and AmTrust Financial Services Inc. (NASDAQ: AFSI). Companies in the Property and Casualty Insurance industry sell property insurance (insurance on homes, cars, and businesses) and casualty insurance (liability insurance).
The Hartford Financial Services Group (NYSE:HIG) was founded in 1810 and is recognized as a renowned insurance company in the United States. The company believes that “human-centric investing can create solutions and advisor tools that not only strengthen bottom lines but strengthen advisor-client relationships by helping investors better realize their true-life goals.”
A favorable operating environment has set the stage for insurers to perform well through the second half of 2018.Source: GotCredit
We bring you five top-ranked picks from insurance industry for the second half of 2018, poised to enrich portfolio on the back of a favorable operating environment.
NEW YORK, June 27, 2018-- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of News ...
The rate hike announced in the recently concluded FOMC meeting comes as expected. With the latest raise of one-quarter percentage points at the last held FOMC meeting, the interest rate now stands at 2%. This decision was unanimously favored by all eight members of the regulatory body.Source: GotCredit
Amid an improving macro backdrop, we focus on five stocks with strong fundamentals from the insurance industry for better returns to investors.
WallStEquities.com has initiated research coverage on Radian Group Inc. (NYSE: RDN), The Allstate Corp. (NYSE: ALL), The Hartford Financial Services Group Inc. (NYSE: HIG), and Validus Holdings Ltd (NYSE: VR). Philadelphia, Pennsylvania headquartered Radian Group Inc.'s shares gained slightly by 0.84%, closing Thursday's trading session at $16.79.
The following is a collection of this week’s deal closings for transactions involving private-equity firms and portfolio companies.
Moody's Investors Service, ("Moody's") has upgraded the long-term debt ratings of The Hartford Financial Services Group, Inc. (senior to Baa1 from Baa2) following the company's announcement that it has completed the sale of "Talcott Resolution" (Talcott), its runoff life and annuity operations, to an investor group for total consideration of $2.05 billion, excluding the value of the Talcott Resolution tax benefits that will be retained. This rating action concludes a review for upgrade initiated on December 4, 2017, at the time of Hartford's announcement of the transaction. The insurance financial strength (IFS) ratings of Hartford's P&C operations and group benefits businesses were not affected.
Moody's Investors Service has confirmed the Baa3 insurance financial strength (IFS) ratings of Hartford Life Insurance Company (HLIC) and Hartford Life & Annuity Insurance Company (ILA) as well as the Ba3 senior unsecured debt rating of Hartford Life, Inc. (HLI). The outlook of the Talcott entities is stable.
The Hartford has completed the sale of Talcott Resolution, its run-off life and annuity businesses, to a group of investors led by Cornell Capital LLC, Atlas Merchant Capital LLC, TRB Advisors LP, Global Atlantic Financial Group, Pine Brook and J. Safra Group as of May 31, 2018. “This completes our exit from the run-off life and annuity businesses and significantly reduces our capital markets exposure,” said The Hartford’s Chairman and CEO Christopher Swift. Total consideration to The Hartford is approximately $2.05 billion, including cash paid by the buyers, a pre-closing cash dividend, debt included as part of the sale and a 9.7 percent ownership stake in the new company.
WINDSOR, Conn., May 31, 2018 /PRNewswire/ -- Talcott Resolution (the "Company"), The Hartford's run-off life and annuity businesses, announced today the completion of the Company's acquisition by an investor group led by Cornell Capital LLC, Atlas Merchant Capital LLC, TRB Advisors LP, Global Atlantic Financial Group, Pine Brook and J. Safra Group.
Hartford Financial (HIG) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
Today we’re going to take a look at the well-established The Hartford Financial Services Group Inc (NYSE:HIG). The company’s stock saw significant share price volatility over the past couple ofRead More...
Adjustments will be posted to the Investor Relations section of The Hartford’s website on or around May 31, 2018. The Hartford is a leader in property and casualty insurance, group benefits and mutual funds. With more than 200 years of expertise, The Hartford is widely recognized for its service excellence, sustainability practices, trust and integrity.
Of the 19 analysts that are covering Prudential Financial (PRU), six analysts suggest a “strong buy,” and eight suggest a “hold” on the stock. The remaining five analysts recommend a “buy” on Prudential Financial. Of the 18 analysts that tracked Prudential Financial in April 2018, five had suggested a “buy,” and seven suggested a “hold” on the stock.
The price-to-book ratio of Prudential Financial (PRU) stood at 0.85x on an NTM (next-12-month) basis, which is lower than the peer average of 1.22x. Competitors Travelers Companies (TRV), Hartford Financial Services (HIG), and MetLife (MET) have price-to-book ratios of 1.42x, 1.37x, and 0.89x, respectively, on an NTM basis.