As the world grapples with the coronavirus pandemic, life insurance companies have seen their share prices soar, with some of the biggest companies seeing their share prices increase by as much as 20%.
The increased demand for life insurance, as people look to protect their families in the event of their death, has seen share prices for some of the biggest life insurance companies rise significantly.
For example, Prudential Financial Inc. has seen its share prices increase by nearly 20% since the start of the pandemic, while MetLife Inc. has seen a 15% increase in its share prices.
The increased demand for life insurance has been driven by the uncertainty of the pandemic, as people look to ensure their families are taken care of in the event of their death. It has also been driven by the fact that life insurance companies are offering more competitive rates, as they look to attract new customers.
In addition, the pandemic has seen an increase in the number of people taking out life insurance policies, as they look to protect their families in the event of their death.
The increased demand for life insurance has been a boon for life insurance companies, as they have seen their share prices soar. However, it is important to note that the increased demand for life insurance may not be sustained in the long-term, as the pandemic eventually comes to an end.
Nevertheless, for the time being, life insurance companies have seen their share prices soar, as the demand for life insurance continues to increase.