There was a lot of negative news affecting banks, mortgage companies and to a lesser extent, investment brokerage firms, such as sub-prime debacle, rising mortgages, rising interest rates, and an excess inventory of real estate.
However, in the financial services industry, there has been a group that is somewhat overlooked, life insurance companies. There is obviously some exposure to the sub-prime problems, but not as far banks and mortgage companies. Fortunately, there are about ten life insurance companies to pay dividends of more than 1%.
The following are the top ten ranked performance from highest to lowest:
Prudential plc (PUK), which is listed on the New York Stock Exchange, the London-based insurance and financial services company, not to be confused with that of americas-based Prudential Financial Inc. (PRU). Prudential plc is principally involved in the business of life insurance, pensions and annuities, but also offers mortgage banking services. It has a P / E of 39, a PS of 0.97 and a yield of 3.1%.
Presidential Life (PLFE), which is listed on NASDAQ, is a Nyack, New York-based company that offers various types of insurance products including graded benefit life insurance, universal life, whole life, term life , Of single premium annuities, single premium deferred annuities, single premium immediate products, annuities and flexible premium group annuities terminal funding. It has a P / E of 9.95, and a yield of 2.9%.
Sun Life Financial (SLF), which is listed on the New York Stock Exchange, is a Canadian-based life and health insurance company which also provides savings, retirement and pension products. It has a P / E of 14.35, a price earnings to growth ratio of 1.29, and a yield of 2.4%.
Lincoln National (LNC), is another NYSE trading life insurance company that offers a yield of 2.4%. It has a P / E of 12.18, and a PEG of 1.13.
Manulife Financial Corp. (MFC), is a life insurance company to be listed on the NYSE. The population is generating a yield of 2.1%. It has a P / E of 15.62, and a PEG of 1.25.
Protective Life (PL), is listed on the NYSE, and produces a yield of 2%. The P / E of this life insurer is 10.6 and the PEG is 1.26.
American National Insurance (ANAT) is a NASDAQ listing insurance company that has a yield of 1.9%. It has a P / E of 14.99.
Nationwide Financial Services (NFS), is a supplier of various types of annuity, along with life insurance products. The NYSE trading company has a P / E of 11.5, a PEG of 1.37, and a yield of 1.7%.
FBL Financial (GTF), offers life insurance, annuities, and property and casualty, insurance products. It has a P / E of 13.09, a PEG of 1.3 and a yield of 1.3%.
Genworth Financial (GNW), provides life, health and long-term care insurance products, along with investment products. The population has a P / E of 11.28, a PEG of 0.93, and a yield of 1.1%.
Waldo Bardado writes for Whole Life Insurance [http://www.surelife.biz]. provides detailed information on Life Insurance, Life Insurance Companies, Life Insurance News and more. please visit www.surelife.biz [http://www.surelife.biz].
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