Fortunately there is a nice, boring little corner of the stock market where we can find some cheap companies that pay decent yields and can grow their dividends over the next five to 10 years. Insurance is one of the most basic businesses around, and there is nothing terribly exciting about. We all buy it because we have to, but it isn’t on anyone’s list of things that excite them.
Both the life insurance business and the property and casualty insurance business have struggled in the past few years, but there are signs of improvement. Prudential Insurance (PRU) is one of the largest U.S.-based insurance companies offering life and health insurance as well as retirement planning and investment management. CNA Financial (CNA) offers property and casualty Insurance as well as a life insurance unit that has been placed into runoff mode.
Source: Investor Place
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