Lincoln National Corp
Insurance on the Street: What Analysts Think of the Giants
Lincoln National is covered by 14 analysts, of which four have rated the stock a “strong buy,” three have given a “buy” rating, and seven have given a “hold.”
Understanding the Total Asset Balances of Insurance Giants
As of December 31, 2016, Chubb (CB) had total assets totaling $159.7 billion, compared with its total assets of $162.9 billion as of June 30, 2017.
How Has Voya Financial Performed Compared to Its Peers?
The Renaissance IPO ETF (IPO) invests 4.4% of its holdings in Voya Financial.
Where Does Prudential Financial Sit in the Valuation Spread?
Prudential Financial shares are currently trading 5% below consensus estimates of $95.18, suggesting there is further upside to come.
Unum Group Joins Potentially Undervalued Insurance Firms in Rally
Unum Group is a provider of disability insurance products in the US and the UK. The stock has rallied by 5.48% year-to-date and by 6.18% in just the past month.
Leading Players in the US Annuity Industry
The market leader in the fixed annuity industry is Allianz Life Insurance Company of North America with 13% market share, followed by New York Life with 8%.
Fixed Annuity Sales Driven by Indexed Products in 2014
Sales for fixed annuities were higher in the second half of 2013. On an annual basis, fixed annuity sales increased more than 13% in 2014 compared to 2013.
Variable Annuity Sales Lower in 2014
Compared to 2013, variable annuity sales were down by ~3.6% in 2014, at around $140 billion, despite a strong performance in the equity markets.
A Closer Look at Prudential Financial’s Share Price Performance
Life insurers have underperformed the market due to negative news regarding macroeconomic situations, low interest rates, and regulatory uncertainties.
Prudential Financial Enjoys Strong Solvency Ratios
Prudential has comfortable solvency positions in its subsidiaries. In the US, Prudential Insurance’s solvency ratio was well above the target ratio of 400%.
Prudential’s Individual Annuities Show Improving Profitability
Disciplined sales and diversification in its product mix has helped Prudential improve its return on assets from ~0.4% in 2009 to the current ~1% ROA.
Prudential Financial’s US Distribution Network
Prudential’s customer base includes over 30 million individual customers and 25,000 corporate clients, consisting of more than half of the Fortune 500 list.
Fairholme Lowers Its Stake in Leucadia National Corporation
Due to its long-term value-oriented investment style and its interests in diversified businesses, Leucadia National is known as Baby Berkshire.
Fairholme Decreases Its Position in Lincoln National Corporation
Lincoln National’s top line growth remained strong, as revenues grew by more than 18% YoY to $3.7 billion in 4Q14.