Manulife Financial Corporation, Assured Guaranty Ltd, Athene Holding Ltd, FedNat Holding Company, First American Corporation New, Enstar Group Limited, AEGON NV, and China Life Insurance Company Li" name="Description" /> Manulife Financial Corporation, Assured Guaranty Ltd, Athene Holding Ltd, FedNat Holding Company, First American Corporation New, Enstar Group Limited, AEGON NV, and China Life Insurance Company Li" /> Manulife Financial Corporation, Assured Guaranty Ltd, Athene Holding Ltd, FedNat Holding Company, First American Corporation New, Enstar Group Limited, AEGON NV, and China Life Insurance Company Li" />

The Top 8 Insurance stocks to own in December 2019

Today I will analyze 8 Insurance isntruments to have in your portfolio in December 2019. I will break down the following equities: Manulife Financial Corporation, Assured Guaranty Ltd, Athene Holding Ltd, FedNat Holding Company, First American Corporation New, Enstar Group Limited, AEGON NV, and China Life Insurance Company Li
Published over a year ago
View all stories for Macroaxis | View All Stories
Macroaxis uses a strict editorial review process to publish stories and blog posts. Our publishers support our company and may receive a small commission when the partner links or references are utilized. Commissions do not affect the opinions or evaluations of our editorial team. The information our editors and media partners deliver is confidential and licensed for your sole use as a Macroaxis user. We reserve all rights to the content of this article, and therefore copying or distributing this story in whole or in part is strictly prohibited.

Reviewed by Michael Smolkin

This list of potential positions covers USA Equities from Insurance industry as classified by Fama & French. Fama and French investing themes focus on testing asset pricing under different economic assumptions in USA. Please note, we provide buy hold or sell recommendation only in the context of selected investment horizon assuming investor has average attitude towards taking risk. Please also consider using Portfolio Positions Ratings and Equity Ratings tools to further calibrate your research.
Story appears to be empty

Manulife Financial Corp (MFC)

The current year's Return On Assets is expected to grow to 0.01, whereas Return On Capital Employed is forecasted to decline to 0.01. At present, Manulife Financial's Return On Assets are projected to increase slightly based on the last few years of reporting. Manulife Financial's management efficiency ratios could be used to measure how well Manulife Financial manages its routine affairs as well as how well it operates its assets and liabilities. The entity currently falls under 'Large-Cap' category with a total capitalization of 43.63 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Manulife Financial's market, we take the total number of its shares issued and multiply it by Manulife Financial's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. At this time, the firm appears to be overvalued. Manulife Financial Corp secures a last-minute Real Value of $21.17 per share. The latest price of the firm is $24.99. Our model forecasts the value of Manulife Financial Corp from analyzing the firm fundamentals such as Current Valuation of 42.94 B, profit margin of 0.20 %, and Return On Equity of 0.12 as well as examining its technical indicators and probability of bankruptcy. In general, most investors recommend purchasing undervalued stocks and exiting overvalued stocks since, at some point, asset prices and their ongoing real values will merge together.

Assured Guaranty (AGO)

The company has Return on Asset of 0.0131 % which means that on every $100 spent on assets, it made $0.0131 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.1377 %, implying that it generated $0.1377 on every 100 dollars invested. Assured Guaranty's management efficiency ratios could be used to measure how well Assured Guaranty manages its routine affairs as well as how well it operates its assets and liabilities. As of the 28th of March 2024, Return On Capital Employed is likely to drop to 0.04. In addition to that, Return On Assets is likely to drop to 0.04. At this time, Assured Guaranty's Other Assets are very stable compared to the past year. As of the 28th of March 2024, Other Current Assets is likely to grow to about 5.6 B, while Total Assets are likely to drop about 12.1 B. The company currently falls under 'Mid-Cap' category with a total capitalization of 4.85 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Assured Guaranty's market, we take the total number of its shares issued and multiply it by Assured Guaranty's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.

Short Long Term Debt Total

1.01 Billion

At this time, Assured Guaranty's Short and Long Term Debt Total is very stable compared to the past year.

Athene Holding (ATH)

The company has Return on Asset of 1.36 % which means that on every $100 spent on assets, it made $1.36 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 20.13 %, implying that it generated $20.13 on every 100 dollars invested. Athene Holding's management efficiency ratios could be used to measure how well Athene Holding manages its routine affairs as well as how well it operates its assets and liabilities. The company currently falls under 'Large-Cap' category with a total capitalization of 16.01 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Athene Holding's market, we take the total number of its shares issued and multiply it by Athene Holding's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.

Fednat Holding Co (FNHC)

The company has return on total asset (ROA) of (0.0568) % which means that it has lost $0.0568 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of (1.5831) %, meaning that it created substantial loss on money invested by shareholders. Fednat Holding's management efficiency ratios could be used to measure how well Fednat Holding manages its routine affairs as well as how well it operates its assets and liabilities. The company currently falls under 'Nano-Cap' category with a current market capitalization of 3.5 K. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Fednat Holding's market, we take the total number of its shares issued and multiply it by Fednat Holding's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.

First American (FAF)

The company has Return on Asset of 0.016 % which means that on every $100 spent on assets, it made $0.016 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.0452 %, implying that it generated $0.0452 on every 100 dollars invested. First American's management efficiency ratios could be used to measure how well First American manages its routine affairs as well as how well it operates its assets and liabilities. The First American's current Return On Capital Employed is estimated to increase to 0.02. The First American's current Return On Assets is estimated to increase to 0.02. At this time, First American's Other Current Assets are most likely to increase significantly in the upcoming years. The First American's current Intangible Assets is estimated to increase to about 2.1 B, while Other Assets are projected to decrease to roughly 5.4 B. This firm currently falls under 'Mid-Cap' category with a total capitalization of 5.98 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate First American's market, we take the total number of its shares issued and multiply it by First American's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. At this time, the firm appears to be undervalued. First American shows a prevailing Real Value of $65.23 per share. The current price of the firm is $61.05. Our model computes the value of First American from reviewing the firm fundamentals such as Profit Margin of 0.04 %, current valuation of 4.51 B, and Shares Outstanding of 103.1 M as well as analyzing its technical indicators and probability of bankruptcy. In general, most investors advise locking in undervalued instruments and disposing overvalued instruments since, at some point, asset prices and their ongoing real values will submerge.

Enstar Group Limited (ESGR)

The company has return on total asset (ROA) of 0.0223 % which means that it generated a profit of $0.0223 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 0.2219 %, meaning that it created $0.2219 on every $100 dollars invested by stockholders. Enstar Group's management efficiency ratios could be used to measure how well Enstar Group manages its routine affairs as well as how well it operates its assets and liabilities. As of 03/28/2024, Return On Assets is likely to grow to 0.07, though Return On Capital Employed is likely to grow to (0.01). At this time, Enstar Group's Asset Turnover is relatively stable compared to the past year. This firm currently falls under 'Mid-Cap' category with a current market capitalization of 4.68 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Enstar Group's market, we take the total number of its shares issued and multiply it by Enstar Group's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.

Short Long Term Debt Total

1.92 Billion

At this time, Enstar Group's Short and Long Term Debt Total is relatively stable compared to the past year.

Aegon NV ADR (AEG)

The Aegon NV's current Return On Capital Employed is estimated to increase to -0.0044. The Aegon NV's current Return On Assets is estimated to increase to -0.0028. The Aegon NV's current Net Tangible Assets is estimated to increase to about 19.9 B, while Total Assets are projected to decrease to roughly 257.8 B. Aegon NV's management efficiency ratios could be used to measure how well Aegon NV manages its routine affairs as well as how well it operates its assets and liabilities. This firm currently falls under 'Large-Cap' category with a total capitalization of 10.77 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Aegon NV's market, we take the total number of its shares issued and multiply it by Aegon NV's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. At this time, the firm appears to be overvalued. Aegon NV ADR shows a prevailing Real Value of $5.65 per share. The current price of the firm is $6.05. Our model approximates the value of Aegon NV ADR from analyzing the firm fundamentals such as return on equity of -0.12, and Operating Margin of (0.08) % as well as examining its technical indicators and probability of bankruptcy. In general, most investors favor locking in undervalued instruments and disposing overvalued instruments since, at some point, asset prices and their ongoing real values will blend.

China Life Insurance (LFC)

The entity beta is close to zero. As returns on the market increase, China Life's returns are expected to increase less than the market. However, during the bear market, the loss of holding China Life is expected to be smaller as well. The beta indicator helps investors understand whether China Life moves in the same direction as the rest of the market, and how volatile (i.e., risky) it is compared to the market (i.e., selected benchmark). In other words, if China deviates very little from the market, it does not add much risk to the portfolio, but it also doesn't increase the expected returns. This firm currently falls under 'Mega-Cap' category with a total capitalization of 102.51 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate China Life's market, we take the total number of its shares issued and multiply it by China Life's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.

Current Insurance Recommendations

How important is Macroaxis's Liquidity

Macroaxis financial leverage refers to using borrowed capital as a funding source to finance Macroaxis ongoing operations. It is usually used to expand the firm's asset base and generate returns on borrowed capital. Macroaxis financial leverage is typically calculated by taking the company's all interest-bearing debt and dividing it by total capital. So the higher the debt-to-capital ratio (i.e., financial leverage), the riskier the company. Financial leverage can amplify the potential profits to Macroaxis' owners, but it also increases the potential losses and risk of financial distress, including bankruptcy, if the firm cannot cover its debt costs. The degree of Macroaxis' financial leverage can be measured in several ways, including by ratios such as the debt-to-equity ratio (total debt / total equity), equity multiplier (total assets / total equity), or the debt ratio (total debt / total assets). Please check the breakdown between Macroaxis's total debt and its cash.
Story appears to be empty

Manulife Financial Corp (MFC)

The current year's Return On Assets is expected to grow to 0.01, whereas Return On Capital Employed is forecasted to decline to 0.01. At present, Manulife Financial's Return On Assets are projected to increase slightly based on the last few years of reporting. Manulife Financial's management efficiency ratios could be used to measure how well Manulife Financial manages its routine affairs as well as how well it operates its assets and liabilities. The entity currently falls under 'Large-Cap' category with a total capitalization of 43.63 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Manulife Financial's market, we take the total number of its shares issued and multiply it by Manulife Financial's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. At this time, the firm appears to be overvalued. Manulife Financial Corp secures a last-minute Real Value of $21.17 per share. The latest price of the firm is $24.99. Our model forecasts the value of Manulife Financial Corp from analyzing the firm fundamentals such as Current Valuation of 42.94 B, profit margin of 0.20 %, and Return On Equity of 0.12 as well as examining its technical indicators and probability of bankruptcy. In general, most investors recommend purchasing undervalued stocks and exiting overvalued stocks since, at some point, asset prices and their ongoing real values will merge together.

Assured Guaranty (AGO)

The company has Return on Asset of 0.0131 % which means that on every $100 spent on assets, it made $0.0131 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.1377 %, implying that it generated $0.1377 on every 100 dollars invested. Assured Guaranty's management efficiency ratios could be used to measure how well Assured Guaranty manages its routine affairs as well as how well it operates its assets and liabilities. As of the 28th of March 2024, Return On Capital Employed is likely to drop to 0.04. In addition to that, Return On Assets is likely to drop to 0.04. At this time, Assured Guaranty's Other Assets are very stable compared to the past year. As of the 28th of March 2024, Other Current Assets is likely to grow to about 5.6 B, while Total Assets are likely to drop about 12.1 B. The company currently falls under 'Mid-Cap' category with a total capitalization of 4.85 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Assured Guaranty's market, we take the total number of its shares issued and multiply it by Assured Guaranty's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.

Short Long Term Debt Total

1.01 Billion

At this time, Assured Guaranty's Short and Long Term Debt Total is very stable compared to the past year.

Athene Holding (ATH)

The company has Return on Asset of 1.36 % which means that on every $100 spent on assets, it made $1.36 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 20.13 %, implying that it generated $20.13 on every 100 dollars invested. Athene Holding's management efficiency ratios could be used to measure how well Athene Holding manages its routine affairs as well as how well it operates its assets and liabilities. The company currently falls under 'Large-Cap' category with a total capitalization of 16.01 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Athene Holding's market, we take the total number of its shares issued and multiply it by Athene Holding's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.

Fednat Holding Co (FNHC)

The company has return on total asset (ROA) of (0.0568) % which means that it has lost $0.0568 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of (1.5831) %, meaning that it created substantial loss on money invested by shareholders. Fednat Holding's management efficiency ratios could be used to measure how well Fednat Holding manages its routine affairs as well as how well it operates its assets and liabilities. The company currently falls under 'Nano-Cap' category with a current market capitalization of 3.5 K. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Fednat Holding's market, we take the total number of its shares issued and multiply it by Fednat Holding's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.

First American (FAF)

The company has Return on Asset of 0.016 % which means that on every $100 spent on assets, it made $0.016 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.0452 %, implying that it generated $0.0452 on every 100 dollars invested. First American's management efficiency ratios could be used to measure how well First American manages its routine affairs as well as how well it operates its assets and liabilities. The First American's current Return On Capital Employed is estimated to increase to 0.02. The First American's current Return On Assets is estimated to increase to 0.02. At this time, First American's Other Current Assets are most likely to increase significantly in the upcoming years. The First American's current Intangible Assets is estimated to increase to about 2.1 B, while Other Assets are projected to decrease to roughly 5.4 B. This firm currently falls under 'Mid-Cap' category with a total capitalization of 5.98 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate First American's market, we take the total number of its shares issued and multiply it by First American's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. At this time, the firm appears to be undervalued. First American shows a prevailing Real Value of $65.23 per share. The current price of the firm is $61.05. Our model computes the value of First American from reviewing the firm fundamentals such as Profit Margin of 0.04 %, current valuation of 4.51 B, and Shares Outstanding of 103.1 M as well as analyzing its technical indicators and probability of bankruptcy. In general, most investors advise locking in undervalued instruments and disposing overvalued instruments since, at some point, asset prices and their ongoing real values will submerge.

Enstar Group Limited (ESGR)

The company has return on total asset (ROA) of 0.0223 % which means that it generated a profit of $0.0223 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 0.2219 %, meaning that it created $0.2219 on every $100 dollars invested by stockholders. Enstar Group's management efficiency ratios could be used to measure how well Enstar Group manages its routine affairs as well as how well it operates its assets and liabilities. As of 03/28/2024, Return On Assets is likely to grow to 0.07, though Return On Capital Employed is likely to grow to (0.01). At this time, Enstar Group's Asset Turnover is relatively stable compared to the past year. This firm currently falls under 'Mid-Cap' category with a current market capitalization of 4.68 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Enstar Group's market, we take the total number of its shares issued and multiply it by Enstar Group's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.

Short Long Term Debt Total

1.92 Billion

At this time, Enstar Group's Short and Long Term Debt Total is relatively stable compared to the past year.

Aegon NV ADR (AEG)

The Aegon NV's current Return On Capital Employed is estimated to increase to -0.0044. The Aegon NV's current Return On Assets is estimated to increase to -0.0028. The Aegon NV's current Net Tangible Assets is estimated to increase to about 19.9 B, while Total Assets are projected to decrease to roughly 257.8 B. Aegon NV's management efficiency ratios could be used to measure how well Aegon NV manages its routine affairs as well as how well it operates its assets and liabilities. This firm currently falls under 'Large-Cap' category with a total capitalization of 10.77 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Aegon NV's market, we take the total number of its shares issued and multiply it by Aegon NV's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. At this time, the firm appears to be overvalued. Aegon NV ADR shows a prevailing Real Value of $5.65 per share. The current price of the firm is $6.05. Our model approximates the value of Aegon NV ADR from analyzing the firm fundamentals such as return on equity of -0.12, and Operating Margin of (0.08) % as well as examining its technical indicators and probability of bankruptcy. In general, most investors favor locking in undervalued instruments and disposing overvalued instruments since, at some point, asset prices and their ongoing real values will blend.

China Life Insurance (LFC)

The entity beta is close to zero. As returns on the market increase, China Life's returns are expected to increase less than the market. However, during the bear market, the loss of holding China Life is expected to be smaller as well. The beta indicator helps investors understand whether China Life moves in the same direction as the rest of the market, and how volatile (i.e., risky) it is compared to the market (i.e., selected benchmark). In other words, if China deviates very little from the market, it does not add much risk to the portfolio, but it also doesn't increase the expected returns. This firm currently falls under 'Mega-Cap' category with a total capitalization of 102.51 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate China Life's market, we take the total number of its shares issued and multiply it by China Life's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.

Current Insurance Recommendations

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.

Try AI Portfolio Architect

Editorial Staff

This story should be regarded as informational only and should not be considered a solicitation to sell or buy any financial products. Macroaxis does not express any opinion as to the present or future value of any investments referred to in this post. This post may not be reproduced without the consent of Macroaxis LLC. Please refer to our Terms of Use for any information regarding our disclosure principles.

Would you like to provide feedback on the content of this article?

You can get in touch with us directly or send us a quick note via email to editors@macroaxis.com

Did you try this?

Run Watchlist Optimization Now

   

Watchlist Optimization

Optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm
All  Next Launch Module
Check out Correlation Analysis to better understand how to build diversified portfolios. Also, note that the market value of any private could be tightly coupled with the direction of predictive economic indicators such as signals in persons.
You can also try the Portfolio Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.

Other Consideration for investing

Sign In To Macroaxis
Sign in to explore Macroaxis' wealth optimization platform and fintech modules
Funds Screener
Find actively-traded funds from around the world traded on over 30 global exchanges
Piotroski F Score
Get Piotroski F Score based on the binary analysis strategy of nine different fundamentals
Global Correlations
Find global opportunities by holding instruments from different markets
Global Markets Map
Get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes
Portfolio Backtesting
Avoid under-diversification and over-optimization by backtesting your portfolios
AI Investment Finder
Use AI to screen and filter profitable investment opportunities