Today's Coverage on American International Group and Hartford Financial:
Property and Casualty Insurers Improve Efficiency
LONDON, January 22, 2013
LONDON, January 22, 2013 /PRNewswire/ --
Property and casualty insurers appear to be on the brink of a comeback.
StockCall professionals have issued technical analysis on American
International Group Inc. (NYSE: AIG) and The Hartford Financial Services Group
Inc. (NYSE: HIG). Sign up today to access our free reports at
The industry as a whole battled challenging conditions for much of last year
but is already moving in a more positive direction in 2013, which bodes well
for companies such as American International and Hartford Financial Services
Group Inc. Profitability was not easy to come by last year, prompting many
insurers to restructure operations and improve efficiency. American
International Group spun-off many of its non-core assets and still trades for
well below book value. Register today to download our free report on American
International Group at http://www.StockCall.com/AIG012213.pdf
Similarly, Hartford Financial Services [ Free Report on HIG ] ^[ ^1 ^]
divested its life insurance and retirement units to allow it to focus more on
its property and casualty insurance segment. The capital influx stemming from
the deals should also facilitate growth.
Low bond yields are a concern for insurers which may prompt increased merger
and acquisition activity this year. The cyclical nature of the insurance
market is beginning to turn in favor of insurers though, further brightening
the outlook for the industry.
1.The Hartford Financial Services Group Inc. Technical Analysis [
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