Highest Debt to Asset Ratio in the Multi-line Insurance Industry Detected in Shares of Loews (L, FRFHF, GNW, AIG, AIZ)
Below are the three companies in the Multi-line Insurance industry with the highest debt to asset ratios. The Debt/Asset ratio shows the proportion of a company's assets that are financed through debt. If the ratio is greater than one, most of the company's assets are financed through debt.
Loews ranks highest with a a debt to asset ratio of 0.14. Fairfax Financial Holdings is next with a a debt to asset ratio of 0.08. Genworth Financial ranks third highest with a a debt to asset ratio of 0.06.
American International follows with a a debt to asset ratio of 0.06, and Assurant rounds out the top five with a a debt to asset ratio of 0.04.
SmarTrend recommended that subscribers consider buying shares of Assurant on March 9th, 2016 as our technology indicated a new Uptrend was in progress when shares hit $76.00. Since that recommendation, shares of Assurant have risen 11.5%. We continue to monitor Assurant for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.
Keywords: highest debt to asset ratio loews fairfax financial holdings genworth financial american international assurant