Before the Bell Scans of American Intl. Group, Hartford Financial, Chubb, and Loews
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For best results when printing this announcement, please click on the link below: http://pdf.reuters.com/pdfnews/pdfnews.asp?i=43059c3bf0e37541&u=urn:newsml:reuters.com:20130408:nPn4089225 LONDON, April 8, 2013 /PRNewswire/ -- 2012 was a challenging year for property and casualty insurers such as American International Group Inc. (NYSE: AIG), Hartford Financial Services Group Inc. (NYSE: HIG), The Chubb Corporation (NYSE: CB), and Loews Corporation (NYSE: L) as record low interest rates and rising catastrophe losses put pressure on companies' balance sheet. While challenges remain for the property and casualty insurers, the outlook for the industry has been improving. The industry is also looking to capitalize on growth in emerging markets. Insurance stocks ended mostly lower in Friday's trading session, tracking losses in the broad market, which fell sharply as investors digested disappointing labor market data. StockCall has taken an interest in these companies and you can now sign up to download the free technical research on AIG, HIG, CB, and L at http://www.stockcall.com/registration Shares of American International Group Inc. rose sharply in Friday's trading session even as the broad market struggled. The stock ended the day 2.47% higher at $38.62 after touching an intra-day high of $38.70. Despite the gains on Friday, the company's shares are still down nearly 1% in the last three sessions. Shares of AIG are currently trading close to their 52-week high of $39.90. Year-to-date, the stock has gained more than 9.40%, outperforming the S&P 500. The company's shares currently face stiff resistance at around $40. The stock is currently trading above its 50-day and 200-day moving averages. Sign up today to read the free research report on AIG at http://www.StockCall.com/AIG040813.pdf Shares of Hartford International Services Group Inc. were among the major losers in the insurance sector on Friday. The stock fell to an intra-day low of $24.67 before finishing the day 2.63% lower at $25.17. Despite the sharp decline on Friday, Hartford's shares are still trading close their 52-week high of $26.69. The stock has had an excellent run so far in 2013, gaining more than 12%. However, technical indicators for the company suggest that market sentiment has turned bearish on the stock. Register to download the free technical analysis on HIG at http://www.StockCall.com/HIG040813.pdf Shares of The Chubb Corporation edged lower on Friday. The stock ended the day 0.56% lower at $87.63 after touching an intra-day low of $86.93. Chubb's shares are currently trading a little over 1.20% below its 52-week high. The stock has outperformed the broad market in 2013 so far, gaining nearly 17%, compared to a gain of nearly 9% for the S&P 500. The stock has seen a series of highs since the start of this year, which is a bullish signal. However, the stock's MACD has just crossed below the signal line, which suggests that market sentiment may have turned bearish on the stock. Free report on CB can be accessed by registering at http://www.StockCall.com/CB040813.pdf Shares of Loews Corporation fell in Friday's trading session, tracking losses in the broad market. The stock ended the day 0.97% lower at $43.80 after touching an intra-day low of $43.52. Loews' shares have fallen more than 1.10% in the last three sessions. The stock has traded in a tight range in the last few trading sessions, struggling to break through $44.50 resistance level. The stock's MACD has just crossed below the signal line, which is a bearish signal. The company's shares currently have support at $43.50. Register with StockCall and download the research on L for free at http://www.StockCall.com/L040813.pdf About StockCall.com StockCall.com is a financial website where investors can have easy, precise and comprehensive research and opinions on stocks making the headlines. Sign up today to talk to our financial analyst at http://www.stockcall.com SOURCE StockCall.com Contact Person: William T. Knight, Email: email@example.com, Contact Number: +1(646) 396-9857 (9:00 am EST - 01:30 pm EST)
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