Three insurance companies—MetLife, Allstate, and Travelers—are benefiting from elevated interest rates that increase profits through their investment float, the pool of premiums collected before claims are paid out. MetLife offers strong dividend growth supported by its global life insurance and asset management business. Allstate excels in personal auto and home insurance with solid underwriting profits and growing investment income. Travelers, a commercial property and casualty insurer, boasts a 22-year streak of dividend increases backed by strong financial metrics and a disciplined buyback program. These insurers provide a rate-sensitive income opportunity with varying exposure to catastrophe risks, making them attractive dividend-growth investments in the current higher-rate environment.
