In today’s world of uncertainties, the need for insurance is imperative. Given the long-term growth prospects of the insurance industry, I believe it could be wise for investors to add quality insurance stocks like Tokio Marine Holdings, Inc. (TKOMY), MS&AD Insurance Group Holdings, Inc. (MSADY), and Fairfax Financial Holdings Limited (FRFHF) to one’s portfolio.
Before discussing why these stocks could be worth adding to one’s portfolio, let’s discuss what’s happening in the insurance space.
