Weekly Report: Under-Valued Insurers
In this week’s report we will look at two FTSE 100 blue chip insurers – Prudential and Legal & General. On the one hand, they operate in a sector which is relatively immune to the economic cycle (people don’t typically cancel their life insurance just because there’s a recession). On the other hand, and despite their blue-chip credentials, Prudential cut its dividend following the bear market of 2003 and Legal… Read More