Did you see this article put up by TMF write Steve Scott this morning?

"There's an old saying that there's only two things certain in life; death and taxes. Well they may as well have added insurance because these days, there seems no getting by without it. As a result, in uncertain economic times, it looks like a defensive sector that's well worth further investigation.

Indeed, despite the carnage in the stock markets, the insurance (non life) sector is only 10 per cent off its high of early 2007. Yet it's one which gets little attention from private investors. The reason for this is that, for many, insurance accounts are an enigma. So let's see if I can shed some light on them and hopefully identify candidates worthy of further investigation.

The insurance (non life) sector provides all those types of insurance which are not life cover. So that could be insurance for property, employers' liability, hurricanes and anything else that someone wants to cover for the risk of loss."

Full article here;


http://www.fool.co.uk/news/investing/investing-strategy/2009...