Successful fund manager says insurer stocks undervalued
Jupiter Financial Opportunities fund manager Philip Gibbs says some insurance stocks look historically cheap, according to Citywire.
It quotes him saying: “Despite the poor economic backdrop, some opportunities for investors remain. Valuations appear cheap, for example, in some parts of the insurance sector where companies are not far from or at discounts to their net asset values. as valuations continue to look cheap.”
His fund posted a return of 7.25% during 2008 against the FTSE Financials index return of -47.9% over the same period.
The 2025 Insurance Times Awards took place on the evening of Wednesday 3rd December in the iconic Great Room of London’s Grosvenor House.
Hosted by comedian and actor Tom Allen, 34 Gold, 23 Silver and 22 Bronze awards were handed out across an amazing 34 categories recognising brilliance and innovation right across the breadth of UK general insurance.
Hosted by comedian and actor Tom Allen, 34 Gold, 23 Silver and 22 Bronze awards were handed out across an amazing 34 categories recognising brilliance and innovation right across the breadth of UK general insurance.
Many congratulations to all the worthy winners and as always, huge thanks to our sponsors for their support and our judges for their expertise.
