Fidelity National Financial: Well Priced Insurer, Steady Compounder

  • Fidelity National Financial (FNF) underwrites title insurance and has a controlling interest in an annuities and life insurance business. The title segment, which is the larger of the two, is cyclical but supported by a regime of rate cuts to come, which should boost real estate transactions. Annuities sales growth is supported by the aging population of the U.S. and related demand for retirement products like annuities.