LONDON, January 22, 2013 /PRNewswire/ --
Property and casualty insurers appear to be on the brink of a comeback. StockCall professionals have issued technical analysis on American International Group Inc. (NYSE: AIG) and The Hartford Financial Services Group Inc. (NYSE: HIG). Sign up today to access our free reports at http://www.stockcall.com/technicalanalysis
The industry as a whole battled challenging conditions for much of last year but is already moving in a more positive direction in 2013, which bodes well for companies such as American International and Hartford Financial Services Group Inc. Profitability was not easy to come by last year, prompting many insurers to restructure operations and improve efficiency. American International Group spun-off many of its non-core assets and still trades for well below book value. Register today to download our free report on American International Group at http://www.StockCall.com/AIG012213.pdf
Similarly, Hartford Financial Services [Free Report on HIG]  divested its life insurance and retirement units to allow it to focus more on its property and casualty insurance segment. The capital influx stemming from the deals should also facilitate growth.
Low bond yields are a concern for insurers which may prompt increased merger and acquisition activity this year. The cyclical nature of the insurance market is beginning to turn in favor of insurers though, further brightening the outlook for the industry.
- The Hartford Financial Services Group Inc. Technical Analysis [ http://www.StockCall.com/HartfordFinancialServicesGroupInc012213.pdf ]
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