As explained in my first article, insurers are generally considered recession-proof.
Thanks to strong leading positions in niche markets, some of them are able to generate recurring and resilient cash flows which are redistributed over the years to the shareholders. DGI investors usually consider these stocks as very safe investments.
As written in the second part of the series, other investors (e.g., pre-retirees or retirees), who look for higher yield, might be interested in baby bonds or preferred stocks issued by insurers. These financial instruments are often issued to meet regulatory requirements in