If there is one thing every
investor can appreciate, it is a growing stream of reliable dividends. Some
sectors have more dividend champions than others. The insurance sector is a
useful place for investors who want to align their personal risks with their
portfolio.
If insurance
companies are able to increase prices and profits, owning the insurance
companies should lead to stronger dividends at the same time that insurance
costs will be increasing. However, it can be difficult for investors to
determine which insurance stocks would be the best fit for their portfolio.
Insurers are big
asset managers and depend on the market conditions. But not all insurers are
equal. Life insurers suffer more on this weak interest environment than
property and casualty insurer.
Attached you can
find the best investment opportunities from the industry. I've only listed
those stocks with a long dividend growth history. In addition, each of the
stocks has a low forward P/E and a positive earnings growth outlook for the next
five years. In addition, the debt-to-equity ratio is under 0.5. As a result, 19
stocks joined the list.
These are the 44 insurance or insurance related stocks with the longest dividend growth history in the industry...
Company Name
|
Yield
|
Years
|
Market Cap
in $ million |
Marketing Alliance
Inc.
|
7.00%
|
13
|
$21
|
Safety Insurance
Group Inc.
|
4.83%
|
5
|
$874
|
Mercury General
Corp.
|
4.57%
|
28
|
$2,979
|
Old Republic
International
|
4.10%
|
34
|
$4,714
|
Donegal Group Inc. A
|
3.82%
|
13
|
$396
|
Arthur J. Gallagher
& Co.
|
3.38%
|
5
|
$7,633
|
Maiden Holdings Ltd.
|
3.34%
|
7
|
$1,144
|
Erie Indemnity
Company
|
3.11%
|
25
|
$4,573
|
Cincinnati Financial
|
3.05%
|
55
|
$9,883
|
Horace Mann
Educators Corp.
|
2.92%
|
6
|
$1,410
|
Allied World Assurance Co. Holdings AG
|
2.86%
|
10
|
$3,305
|
Prudential Financial
Inc.
|
2.81%
|
6
|
$37,208
|
HCI Group Inc.
|
2.75%
|
6
|
$474
|
EMC Insurance Group
Inc.
|
2.72%
|
6
|
$517
|
First American
Financial Corp.
|
2.62%
|
6
|
$4,146
|
AFLAC Inc.
|
2.57%
|
33
|
$27,456
|
Assurant Inc.
|
2.45%
|
12
|
$5,448
|
ACE Limited
|
2.36%
|
23
|
$36,779
|
ProAssurance Corp.
|
2.34%
|
5
|
$2,842
|
Donegal Group Inc. B
|
2.27%
|
13
|
$525
|
Marsh & McLennan
Companies Inc.
|
2.22%
|
6
|
$29,542
|
Endurance Specialty
Holdings Ltd.
|
2.22%
|
5
|
$4,157
|
Travelers Companies
|
2.16%
|
11
|
$34,343
|
Axis Capital
Holdings Ltd.
|
2.15%
|
13
|
$5,435
|
Infinity Property
& Casualty
|
2.14%
|
13
|
$916
|
Unum Group
|
2.14%
|
7
|
$8,547
|
PartnerRe Limited
|
2.01%
|
22
|
$6,650
|
Hanover Insurance
Group (The)
|
1.95%
|
10
|
$3,723
|
Allstate Corp.
|
1.94%
|
5
|
$24,776
|
Lincoln National
Corp.
|
1.87%
|
6
|
$13,428
|
National Interstate
Corp.
|
1.81%
|
11
|
$569
|
Chubb Corp.
|
1.76%
|
33
|
$29,360
|
Reinsurance Group of America Inc.
|
1.64%
|
7
|
$5,998
|
American Financial
Group Inc.
|
1.55%
|
10
|
$6,325
|
Brown & Brown
Inc.
|
1.52%
|
22
|
$4,549
|
Symetra Financial
Corp.
|
1.39%
|
6
|
$3,685
|
Primerica Inc.
|
1.34%
|
6
|
$2,362
|
RLI Corp.
|
1.25%
|
40
|
$2,640
|
StanCorp Financial
Group
|
1.22%
|
17
|
$4,857
|
RenaissanceRe
Holdings
|
1.09%
|
20
|
$5,036
|
Torchmark Corp.
|
0.93%
|
10
|
$7,258
|
Aetna Inc.
|
0.87%
|
5
|
$40,025
|
W.R. Berkley Corp.
|
0.86%
|
14
|
$6,888
|
American Equity Investment Life Holding
|
0.78%
|
11
|
$2,202
|
