Dividend Investing Ideas Center
Have you ever wished for the safety of bonds, but the return potential...
Insurance is all about protection. And these days, demand for that protection continues to grow as a variety of factors send more consumers and businesses into the offices of insurance brokers. That is wonderful news for our latest Best Dividend Protection Stocks Model Portfolio pick. The firm has continued to expand its book of business and produce plenty of premiums – much to the delight of its investors.
Our pick is one of the largest underwriters of property and casualty (P&C) insurance in the world. And in that, it covers a whole host of different needs. The best part is that our pick has seen growth along its specialty lines of insurance for business, governments and enterprises. By offering products in construction, cyber-threats and other risk factors, demand and its book of business have only continued to grow.
At the same time, new algorithms and computer-aided formulas have helped produce better underwriting profits and allowed premiums to grow. And with the elevated interest rates, our pick’s massive float has started to generate real profits as well.
The end all be all is a top-notch insurance pick with plenty of stability and income potential – a perfect fit for conservative investors.
In order to make room for our insurance pick, we’ve been forced to remove a biotech-focused pharmaceutical stock from the portfolio.
You can check out the Best Dividend Protection Stocks Model Portfolio to explore all the stocks.