But it isn't the whole story. With interest rates looking likely to increase over the near term, investors are going to find the other half of the company's story, the float, increasingly interesting.

There's a timing mismatch in the insurance industry that is very profitable for shareholders.

EG is benefiting from rising investment income, with portfolio growth and higher yields strengthening earnings alongside ...

Q: What does “float” refer to in the insurance world? A: Warren Buffett explained it in his 1997 letter to Berkshire Hathaway shareholders by writing that float “is money we hold, but don’t own. In an ...