Life Insurance Stocks: Protective Life (NYSE:PL), Genworth Financial Inc (NYSE:GNW), Lincoln National Corporation (NYSE:LNC), ING Groep (NYSE:ING), Principal Financial Group Inc (NYSE:PFG)

Protective Life soared on news that it was being acquired by a Japanese company. The Nasdaq got a boost from Apple, its biggest component, which gained $6.99 to $644.35. Apple’s seven-for-one stock split will happen after the close of business Friday. Protective Life Corp. (NYSE:PL) stock performance was -0.09% in last session and finished the day at $69.30. Traded volume was million shares in the last session and the average volume of the stock remained 1.05million shares. The beta of the stock remained 1.84. Protective Life Corp. (NYSE:PL) insider ownership is 2.10%.

Fitch Ratings has affirmed the ‘A-‘ Insurer Financial Strength (IFS) ratings of Genworth Life Insurance Company, Genworth Life and Annuity Insurance Company, and Genworth Life Insurance Company of New York (collectively, Genworth Life). Fitch has also affirmed the ‘A-‘ long-term ratings on the Genworth Global Funding Trusts. The Rating Outlook is Stable. A full list of rating actions follows at the end of this release. Genworth Financial Inc (NYSE:GNW) rose 0.11 percent to $17.60 Thursday on volume of 6.27million shares. The intra-day range of the stock was $17.31 to $17.71. Genworth Financial Inc (NYSE:GNW) has a market capitalization of $8.73billion.

Retirees significantly underestimated the impact taxes would have on them during retirement years, according to a recent Lincoln Financial Group Survey. The Survey, “2013 — Expense Challenges of Age 62-75 Retirees,” is based on interviews with 750 individuals, with an annual household income of $100,000 or more, and was developed to better understand how individuals plan and manage living expenses and taxes before and during retirement. The survey has a margin of error of +/- 3.5 percent. Lincoln National Corporation (NYSE:LNC)’s stock on June 05, 2014 reported a decrease of -0.67% to the closing price of $50.50. Its fifty two weeks range is $33.57 -$53.26. The total market capitalization recorded $13.32billion. The overall volume in the last trading session was 2.11million shares. In its share capital, LNC has 263.75million outstanding shares.

The Netherlands’ ING Groep (ING_) on Thursday, June 5, announced plans for an initial public offering of its NN Group NV insurance subsidiary as it nears the finish line in a five-year mandatory restructuring. On Thursday, shares of ING Groep NV (ADR) (NYSE:ING) advanced 2.60% to close the day at $14.58. Company return on investment (ROI) is 2.20% and its monthly performance is recorded as 3.11%. ING Groep NV (ADR) (NYSE:ING) quarterly revenue growth is 0.83%.

Principal Financial Group (NYSE:PFG) Insider James P. Mccaughan sold 6,568 shares of the stock on the open market in a transaction that occurred on Monday, June 2nd. The stock was sold at an average price of $46.76, for a total value of $307,119.68. Following the sale, the insider now directly owns 205,788 shares in the company, valued at approximately $9,622,647. Principal Financial Group Inc (NYSE:PFG) stock performance was 0.65% in last session and finished the day at $48.18. Traded volume was 1.40million shares in the last session and the average volume of the stock remained 1.36million shares. The beta of the stock remained 1.86. Principal Financial Group Inc (NYSE:PFG) insider ownership is 0.40%.

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