In this piece, I evaluated two insurance stocks, Berkshire Hathway Inc. (BRK.B) and Fairfax Financial Holdings Ltd. (FRFHF), to identify which is an ideal addition to your watchlist this month. Based on the fundamental comparison of these stocks, I believe FRFHF is the better investment for the reasons explained throughout this article.
The property and casualty (P&C) insurance industry is characterized by steady demand as homes, cars, businesses, and employees must be insured regardless of macroeconomic conditions. Furthermore, the industry is expected to witness innovative changes this year and beyond due to emerging tech and changing market conditions.
