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High-yielding European insurance stock picks: Garnry
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European insurance stocks have the highest yields across the board, according to Saxo Bank head of equity strategy Peter Garnry.
Because of the low-yield environment caused by central bank easing policies, investors are "yield hunting" across several segments of the equity market. The European insurance sector is an interesting one as it features a 6% yield and most of its component companies have solid business models.
Garnry has chosen four insurance stocks that could be interesting to follow.