This graphic breaks down the total market capitalization of America’s insurance industry, using data from Companiesmarketcap.com.
🔗 visualcapitalist.com
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This graphic breaks down the total market capitalization of America’s insurance industry, using data from Companiesmarketcap.com.
🔗 visualcapitalist.com
I wonder how much debt each of these companies are holding
I'm not an expert but I've never heard of insurance companies having debts, I've always heard that they were cash cows! Am I wrong?
Trust me all of them have some sort of debt on the balance sheet
Progressive has about $6 billion in debt
Prudential has about $46B in debt
United health group has $78B in debt
Listen to TFTC with Nik Bhatia and learn how the corporation bond game works. Thus it’s no shock these insurance companies have so much debt they have to pay back