Thursday, August 27, 2009
Going Long in Life Insurance
HEADING INTO SECOND-QUARTER 2009 earnings season, we were very constructive on the life-insurance sector.
Low expectations combined with solid improvement in equity and credit markets proved to be a winning combination for solid upside performance across the group. While third-quarter 2009 macros [macroeconomic issues] continue to demonstrate a continuation of the positive trends in macro conditions, we think the group has largely built in considerable improvement into current valuations...
Barron's: Going Long in Life Insurance (Subscription required)
Low expectations combined with solid improvement in equity and credit markets proved to be a winning combination for solid upside performance across the group. While third-quarter 2009 macros [macroeconomic issues] continue to demonstrate a continuation of the positive trends in macro conditions, we think the group has largely built in considerable improvement into current valuations...
Barron's: Going Long in Life Insurance (Subscription required)
Permalink posted by markw @ 5:26 AM 
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