Insurance Firms Thrive Amid Global Market Volatility
Zacks Industry Outlook Highlights Aviva, NN Group, Jackson Financial and Abacus Global Management
Chicago, IL - May 25, 2022 - The Zacks Industry Outlook Report highlights the top trends and predictions for the Insurance - Property and Casualty industry. The report identifies four companies that are poised for growth: Aviva, NN Group, Jackson Financial and Abacus Global Management.
According to the report, the Insurance - Property and Casualty industry is expected to grow 3.5% this year, driven by increasing demand for insurance products and a rebound in economic activity. The industry is also benefiting from the rise of digitalization, which is enabling companies to streamline their operations and improve customer engagement.
Aviva, a leading international insurance group, is one of the companies highlighted in the report. With its diverse portfolio of insurance products and global presence, Aviva is well-positioned to benefit from the industry's growth trends.
NN Group, a Dutch-based insurance company, is another company that is expected to perform well. The company's strong presence in Europe and its focus on digital transformation are key drivers of its growth prospects.
Jackson Financial, a leading provider of annuity and life insurance products, is also highlighted in the report. The company's strong brand recognition and its focus on retirement savings products position it well for growth in the industry.
Abacus Global Management, a specialized insurance company that provides coverage for high-net-worth individuals, is another company that is expected to perform well. The company's focus on niche markets and its ability to provide customized insurance solutions position it well for growth.
The Zacks Industry Outlook Report provides a comprehensive overview of the Insurance - Property and Casualty industry, including key trends, predictions and company-specific analysis. The report is designed to help investors make informed investment decisions and stay ahead of the curve in the rapidly changing insurance industry.
To access the full report, please visit our website at Zacks.com.