UIHC - Why Shares of National Western Life Group SelectQuote and United Insurance Are Blasting Higher This Week
2023-05-18 15:13:25 ET
Shares of several insurance stocks rose this week, some making big moves, and all for slightly different reasons. Shares of life insurance company National Western Life Group (NASDAQ: NWLI) traded more than 52% higher for the week as of 1:30 p.m. ET Thursday, according to data from S&P Global Market Intelligence .
Meanwhile, shares of insurance marketplace SelectQuote (NYSE: SLQT) traded roughly 40% higher, while shares of the property and casualty insurer United Insurance (NASDAQ: UIHC) were up nearly 24%.
National Western Life Group has had an eventful week. First, the company reported earnings results for the first quarter of 2023, delivering diluted earnings per share of $3.48 on total revenue of roughly $152.6 million.
For further details see:
Why Shares of National Western Life Group, SelectQuote, and United Insurance Are Blasting Higher This Week