NU Online News Service, April 19, 2:34 p.m. EDT
Publicly traded insurance brokers are expected to underperform stocks on the S&P 500 Index coming out of the recession, and Aon is rated the best of the bunch, according to an analyst's note from Citigroup.
In a first-quarter 2010 preview from Citigroup Global Markets, the analysts said historically in a recession, the stock of publicly traded brokers has exceeded the S&P Index. Currently the brokers--Aon, Arthur J. Gallagher, Brown & Brown, Marsh and Willis--are outperforming the S&P Index by 1.6 percent.
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