Insurance Stocks Outpacing the Market Today Insurance News for All World

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NEW YORK (TheStreet) --Although the Dow Jones, S&P five hundred, and knowledge system ar all shut to session lows these days one specific cluster of stocks, in public listed insurance companies, square measure liberal arts quite well, CNBC's Dom Chu reported.



Shares of MetLife (MET), prudent financial (PRU), Lincoln National (LNC), and capital of Connecticut financial Services (HIG), were all higher throughout mid-afternoon commerce on Friday.

"Rising interest rates ar seen as serving to insurers. bear in mind they fund future liabilities and obligations by buying assets that return some fairly money, and as interest rates rise those returns ar helped out," Chu explained.