Life Insurance Sector Holds Ground, Morgan Stanley Comments (MET) (PRU) (RGA) (CNO)

Analyst Nigel Dally of Morgan Stanley thinks life insurance companies will outperform as broader markets fall and interest rates climb. Reinsurance Group of America Inc. (NYSE: RGA) and CNO Financial Group, Inc. (NYSE: CNO) are likely to be the best performers if markets decline while interest rates go up.

If equity markets and yields both move higher, Morgan Stanley likes Genworth Financial Inc. (NYSE: GNW), The Hartford Financial Services Group, Inc. (NYSE: HIG), Lincoln National Corporation (NYSE: LNC), Prudential Financial, Inc. (NYSE: PRU), and MetLife, Inc. (NYSE: MET).

Prudential, MetLife remain Morgan Stanley’s top ideas in life insurance.

For an analyst ratings summary and ratings history on MetLife (NYSE: MET) click here. For more ratings news on MetLife click here.

Shares of MetLife closed at $45.22 yesterday.

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