Insurance Company Stocks Based on Artificial Intelligence: Returns up to 8.75% in 1 Month

Insurance Company Stocks

The Insurance Companies Package is designed for investors and analysts who need stock advice for the best-performing stocks in the Insurance Company Industry. It includes 20 stocks with bullish and bearish signals and indicates the best insurance companies’ stocks to trade:

  • Top 10 Insurance Company stocks for the long position
  • Top 10 Insurance Company stocks for the short position

Package Name: Insurance Companies
Recommended Positions: Long
Forecast Length: 1 Month (05/14/2019 – 06/14/2019)
I Know First Average: 5.26%
Insurance Company Stocks

For this 1 Month forecast the algorithm had successfully predicted 9 out of 10 movements. The highest trade return came from RNR, at 8.75%. The suggested trades for CINF and CNA also had notable 1 Month yields of 8.74% and 6.17%, respectively. The overall average return in this Insurance Companies package was 5.26%, providing investors with a 2.59% premium over the S&P 500’s return of 2.67% during the same period.

RenaissanceRe Holdings Ltd. (RNR) together with its subsidiaries, provides reinsurance and insurance coverages and related services in the United States and internationally. The company operates through Catastrophe Reinsurance, Specialty Reinsurance, and Lloyd’s segments. The Catastrophe Reinsurance segment writes reinsurance products, including property catastrophe excess of loss reinsurance contracts to insure insurance and reinsurance companies against natural and man-made catastrophes; excess of loss retrocessional reinsurance contracts that provide property catastrophe coverage to other reinsurers or retrocedants; and dual trigger reinsurance contracts, as well as invests in insurance-linked securities. The Specialty Reinsurance segment underwrites various classes of products, such as automobile liability, casualty clash, catastrophe exposed workers’ compensation, cyber liability, directors and officers liability, environmental liability, general liability, medical malpractice, and professional indemnity, as well as specialty lines of reinsurance comprising accident and health, agriculture, aviation, financial guaranty, marine and energy, mortgage guaranty, multi-line regional, political risk, terrorism, and trade credit. The Lloyd’s segment is involved in insurance and reinsurance business written for its own account through syndicate 1458. The company distributes its products and services primarily through intermediaries. RenaissanceRe Holdings Ltd. (RNR) was founded in 1993 and is headquartered in Pembroke, Bermuda.

Algorithmic traders utilize these daily forecasts by the I Know First market prediction system as a tool to enhance portfolio performance, verify their own analysis and act on market opportunities faster. This forecast was sent to current I Know First subscribers.

How to interpret this diagram

Algorithmic Stock Forecast: The table on the left is a stock forecast produced by I Know First’s algorithm. Each day, subscribers receive forecasts for six different time horizons. Note that the top 10 stocks in the 1-month forecast may be different than those in the 1-year forecast. In the included table, only the relevant stocks have been included. The boxes are arranged according to their respective signal and predictability values (see below for detailed definitions). A green box represents a positive forecast, suggesting a long position, while a red represents a negative forecast, suggesting a short position.

Please note-for trading decisions use the most recent forecast. Get today’s forecast and Top stock picks.