Even though insurance stocks are hardly exciting, they have performed quite well year-to-date, and many see the insurance industry as a possible outperformed for 2013. An investor, who is thinking of investing in insurance companies this year, should certainly keep the following stocks into account.
W. R. Berkley Corporation (W. R. Berkley) is an insurance holding company. W. R. Berkley operates in the four segments of the property casualty insurance business: Specialty, Regional, Alternative Markets, Reinsurance and International. Specialty includes excess and surplus lines and admitted specialty lines. Regional include commercial lines property casualty. Alternative Markets include excess workers’ compensation, monoline workers’ compensation, accident and health, and insurance services. Reinsurance, on both a facultative and treaty basis and participating in business written through Lloyd’s of London. International business includes selected regions throughout the world. In June 2011, it announced the formation of Berkley Technology Underwriters, LLC. In April 2012, it formed Berkley Public Entity Managers, LLC. In May 2012, the Company formed a marine division of its Berkley Offshore Underwriting Managers operating unit.
XL Group plc, through its subsidiaries, is a global insurance and reinsurance company engaged in providing property, casualty and specialty products to industrial, commercial and professional firms, insurance companies and other enterprises on a worldwide basis. The Company is organized into three operating segments: Insurance, Reinsurance and Life operations.
National Western Life Insurance Company (National Western) is a stock life insurance company. As of December 31, 2011, the Company was doing business in 49 states, the District of Columbia, and four United Sates territories or possessions. The Company operates in three segments: domestic life insurance, international life insurance and annuities. The Company provides life insurance products for the savings and protection needs of approximately 137,000 policyholders and for the asset accumulation and retirement needs of 140,000 annuity contract holders. National Western offers a portfolio of individual whole life, universal life and term insurance plans, and annuities, including supplementary riders. National Western is also licensed in Haiti, and although not otherwise licensed, accepts applications from and issues policies to residents of various countries in Central and South America, the Caribbean, the Pacific Rim, Eastern Europe and Asia.
American National Insurance Company is engaged in life insurance, annuities and property and casualty insurance. The Company also offers pension services and limited health insurance. It provides personalized service to approximately eight million policyholders throughout the United States, the District of Columbia, Puerto Rico, Guam, and American Samoa. Its family of companies includes six life insurance companies, eight property and casualty insurance companies, and numerous non-insurance subsidiaries. The Company operates in five business segments: Life, Annuity, Health, Property and Casualty, and Corporate and Other. During the year ended December 31, 2011, the Company sold a portfolio of directly owned industrial real estate and its interests in partnerships of similar industrial real estate.
Endurance Specialty Holdings Ltd. (Endurance Holdings) is a holding company. Through the Company’s operating subsidiaries based in Bermuda, the United States and the United Kingdom, it focuses on underwriting specialty lines of personal and commercial property and casualty insurance and reinsurance on a global basis. The portfolio of specialty lines of business is organized into two business segments: Insurance and Reinsurance. As of December 31, 2011, Endurance Holdings’ seven wholly owned operating subsidiaries were Endurance Bermuda, Endurance Reinsurance Corporation of America (Endurance U.S. Reinsurance), Endurance Worldwide Insurance Limited (Endurance U.K.), Endurance American Insurance Company (Endurance American), Endurance American Specialty Insurance Company (Endurance American Specialty), Endurance Risk Solutions Assurance Co. (Endurance Risk Solutions) and American Agri-Business Insurance Company. The Company operates in two business segments: Insurance and Reinsurance.
These stocks are improving in weekly ranking.