HCC Insurance Holdings, Inc.
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Top Insurance Stocks to Consider Buying
By Alex Bastardas - February 7, 2013 | Tickers: AIG, HIG, HCC
Even though insurance stocks are hardly exciting, they have performed quite well year-to-date, and many see the insurance industry as a possible outperformer for 2013. An investor who is thinking of investing in insurance companies this year, should certainly keep the following stocks into account.
American Insurance Group (NYSE: AIG): One of the biggest victims of the 2008 financial crisis, this bailed-out multinational insurance company might be starting to recover more »
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Do You Know About This Insurer's Bailout Saga?
By Ron Chatterjee - September 12, 2012 | Tickers: AFG, AIG, ANAT, BAC, HCC
As you already might know, the US Treasury recently recovered around $18 billion, from the disinvestment of the 553.8 million shares of American International Group (NYSE: AIG) at $32.50 per piece, with a profit of around $12.4 billion. A move that turned a four-year old bailout into substantial profit for the American taxpayers! Needless to say, the US government still holds around 22% stake in the company more »