Insurance Stocks During Covid
These 3 insurance stocks might avoid taking a big hit from covid 19.
Insurance stocks during covid. Health insurance companies have fared worse than the overall market since. During a media call to discuss the first quarter results of icici prudential life insurance md ceo n s kannan stated that they had seen an increase in the sales of critical illness cover in the. And with covid 19 on the rise in most u s. Many insurance stocks are getting hit hard by the coronavirus but not always for the reasons you think.
The insurance industry starts reporting earnings in a couple of weeks. While cvs health s stock is down by about 15 year. This habit could result in major financial losses during the coronavirus pandemic 5 4 million americans have lost health insurance during the covid 19 pandemic themotleyfool stocks next article prev. The coronavirus pandemic has been good news for investors in pharma companies racing to develop a covid 19 vaccine.
Major health insurance companies have seen their stock prices decline by an average of over 4 year to date due to the coronavirus pandemic. Chubb whose stock is down 21 this year to 124 provides commercial and personal p c insurance and other products. It has 105 billion in total investments and 84 billion in insurance reserves. States there are still concerns about.
Stock prices for many of the competing companies are trading around record highs.
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