Cramer's Biggest Market Risk - Insurers
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Date updated:04-02-2009

"These stocks can't keep going down without sowing fear, and heaven know there is enough fear out there. We need to know what Lincoln Nat's plan is in the absence of the feds' help. It has to roll over debt. What happens now? I wish we knew. It is the biggest concern I have out there, bigger than the banks or the autos. We need clarity, and we need it fast for this faltering group." - Jim Cramer

symbol name last price % change open
  • +
  • LNC
    Lincoln Natl Cp
  • $22.81
  • -4.24%
  • $22.73

Lincoln National (LNC), Prudential (PRU), MetLife (MET), Hartford (HIG) and Principal Financial Group (PFG) are right back on the red-hot griddle, and as a bull on the way down, this group is the only group that can truly shake my convictions. Given the exposure these firms have to bedrock principles, payoffs in annuities and life insurance, it is vital that some branch of the Treasury come on and say, "Look, your contractual obligations will be made good, regardless of the ramifications of the companies themselves." These deals have to be like pension benefit guarantees, but the government doesn't seem to be aware of it.

People owning LNC also tend to own: BACCSCODELLDIAFHKCXNDAQNVDA

TheStreet.com Rating: D+ What is this?

  • +
  • PRU
    Prudential Fincl
  • $48.20
  • -4.14%
  • $48.09

Lincoln National (LNC), Prudential (PRU), MetLife (MET), Hartford (HIG) and Principal Financial Group (PFG) are right back on the red-hot griddle, and as a bull on the way down, this group is the only group that can truly shake my convictions. Given the exposure these firms have to bedrock principles, payoffs in annuities and life insurance, it is vital that some branch of the Treasury come on and say, "Look, your contractual obligations will be made good, regardless of the ramifications of the companies themselves." These deals have to be like pension benefit guarantees, but the government doesn't seem to be aware of it.

People owning PRU also tend to own: CHSYHOOCMGIFGSIBMLSI

TheStreet.com Rating: D+ What is this?

  • +
  • MET
    Metlife Inc
  • $33.28
  • -3.79%
  • $33.34

Lincoln National (LNC), Prudential (PRU), MetLife (MET), Hartford (HIG) and Principal Financial Group (PFG) are right back on the red-hot griddle, and as a bull on the way down, this group is the only group that can truly shake my convictions. Given the exposure these firms have to bedrock principles, payoffs in annuities and life insurance, it is vital that some branch of the Treasury come on and say, "Look, your contractual obligations will be made good, regardless of the ramifications of the companies themselves." These deals have to be like pension benefit guarantees, but the government doesn't seem to be aware of it.

People owning MET also tend to own: AMGNAPABACCCOPCVXDOW

TheStreet.com Rating: No Rating What is this?

  • +
  • HIG
    Hartford Fin Svc
  • $23.72
  • -5.31%
  • $23.90

Lincoln National (LNC), Prudential (PRU), MetLife (MET), Hartford (HIG) and Principal Financial Group (PFG) are right back on the red-hot griddle, and as a bull on the way down, this group is the only group that can truly shake my convictions. Given the exposure these firms have to bedrock principles, payoffs in annuities and life insurance, it is vital that some branch of the Treasury come on and say, "Look, your contractual obligations will be made good, regardless of the ramifications of the companies themselves." These deals have to be like pension benefit guarantees, but the government doesn't seem to be aware of it.

People owning HIG also tend to own: AMGNAPABACCCOPCVXDOW

TheStreet.com Rating: D What is this?

  • +
  • PFG
    Principal Finl Gr
  • $25.00
  • -4.51%
  • $24.96

Lincoln National (LNC), Prudential (PRU), MetLife (MET), Hartford (HIG) and Principal Financial Group (PFG) are right back on the red-hot griddle, and as a bull on the way down, this group is the only group that can truly shake my convictions. Given the exposure these firms have to bedrock principles, payoffs in annuities and life insurance, it is vital that some branch of the Treasury come on and say, "Look, your contractual obligations will be made good, regardless of the ramifications of the companies themselves." These deals have to be like pension benefit guarantees, but the government doesn't seem to be aware of it.

People owning PFG also tend to own: AEOSAINVCVHDREIDCCMRHNFLD

TheStreet.com Rating: C What is this?

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