Insurance stocks revel after rally

The UK’s four largest insurers (Aviva, Prudential, Phoenix, and Legal & General) have outperformed the broader market this year. Strong dividends, share buybacks, and M&A activity, including Aviva’s acquisition of Direct Line, have further boosted investor interest. Prudential has had a successful year so far, announcing that its first-half profits have beaten forecasts and revealing a 10% yearly increase to its dividend. Annual premiums have risen by double digits, and it is expected to hit or exceed its growth guidance figure. Take a closer look at the performance of UK insurance stocks...