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Zacks Industry Outlook Highlights: PartnerRe Ltd., Amerisafe, Inc., Hartford Financial Services Group, Primus Guaranty and PMI Group

June 26, 2009 | Comments: 0
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PRE | AMSF | HIG | PRS | PMI
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For Immediate Release

Chicago, IL – June 26, 2009 – Zacks.com announces the latest Industry Outlook. Today’s outlook from Zacks Equity Research analyst Neena Mishra discusses the Insurance sector. Highlighted stocks include: PartnerRe Ltd. (PRE - Analyst Report), Amerisafe, Inc. (AMSF - Analyst Report), Hartford Financial Services Group (HIG - Analyst Report), Primus Guaranty (PRS - Analyst Report) and PMI Group (PMI - Analyst Report).

Here is the latest on the Insurance sector:

We remain positive on reinsurer PartnerRe Ltd. (PRE - Analyst Report) due to its excellent underwriting abilities, strong capitalization, solid ratings and reputation in the market, which will enable it to take advantage of the stronger demand and better pricing being witnessed currently. We also have a Buy rating on Amerisafe, Inc. (AMSF - Analyst Report) in view of its strong capital position and sustained improvement in the results.

Currently we do not have any Sell recommendations on insurance stocks under our coverage, in view of the limited downside potential now. In past couple of months, we upgraded our Sell recommendations on Hartford Financial Services Group (HIG - Analyst Report), Primus Guaranty (PRS - Analyst Report) and PMI Group (PMI - Analyst Report), after substantial short returns.

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Market Summary Nov 08, 2009 12:00 pm ET
DJIA 10023.42  17.46 0.17%
NASD 2112.44  7.12 0.34%
S&P 500 1069.3  2.67 0.25%
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