New York, NY (PRWEB) March 06, 2014
Executives from insurance companies covering forms of insurance such as commercial, personal, casualty, automobile, and life will discuss their companies’ economic position at NYSSA’s 18th Annual Insurance Conference from March 17–18, 2014.
Robert P. Hartwig, PhD, CPCU, president and economist at the Insurance Information Institute, will open the conference with an outlook for the insurance industry. Attendees will then hear from 17 presenting companies over the course of two days.
Senior-level executives from each company will present to investors on how their company is faring:
1. American Equity Investment Life Holding
2. American Financial Group
3. Argo Group International Holdings Ltd.
4. Atlas Financial
5. Blue Capital Reinsurance Holdings Ltd.
6. Crawford & Company
7. Donegal Group
8. EMC Insurance Group Inc
9. FBL Financial Group
10. Federated National Holding Company
11. Hallmark Financial Services
12. Infinity Property & Casualty Corporation
13. Kemper Corporation
14. ProAssurance Corp.
15. Selective Insurance Group
16. United Fire Group, Inc.
17. United Insurance Holdings Corp.
The S&P Insurance ETF KIE increased 45% in 2013 compared with the S&P 500 Index which increased 30%. Life insurance stocks were the best performing sub-sector, followed by insurance brokers, primary non-life insurers and then reinsurers. The non-life sector is expected to face some headwinds in 2014 from less robust industry pricing and depressed new money yields. Life insurance investors enjoyed a renaissance in 2013 with the SNL Life and Health Index returning 64% (versus 30% for the S&P 500). Interest rates made a slow but steady turn higher and remain positioned to continue the slow but stable trend in the coming year. While valuation does not appear nearly as attractive as it did this time last year, solid growth is expected in 2014 and 2015 with the possibility of rising interest rates adding to the estimates.
The 18th Annual Insurance Conference will be held March 17–18, 2014, from 8:00 a.m.–4:00 p.m. on March 17, and from 8:00 a.m.–3:00 p.m. on March 18. The conference location is NYSSA Conference Center, 1540 Broadway, Suite 1010, New York, NY 10036.
Visit http://www.nyssa.org/insurance14 for a detailed event description and registration information.
Press members with proper credentials who wish to attend may contact press(at)nyssa(dot)org. Space is limited.
About NYSSA
The New York Society of Security Analysts (NYSSA) is a leading forum for the investment community. NYSSA’s mission is to serve the needs of all members and investment professionals and to educate the investing public. With more than 8,000 members, NYSSA is the largest of the 135 societies worldwide that make up CFA Institute, which has over 105,000 members.