Investing in insurance industry stocks can be a smart move for those looking for steady returns and stability in their portfolio. These stocks are typically less volatile than other sectors and can provide a hedge against economic downturns. With the rise of catastrophic events like natural disasters and the increasing demand for insurance products, the industry is projected to continue growing in the coming years. Companies in this sector often offer attractive dividend yields, making them appealing for income-focused investors. Overall, investing in insurance industry stocks can be a reliable long-term strategy for building wealth.
| Symbol | Exchange | Name | MCAP | Price | Change | PE Ratio | Yield |
|---|---|---|---|---|---|---|---|
| WDH | NYSE | Waterdrop Inc. American Depositary Shares (each representing the right to receive 10 Class A Ordinary Shares) | 0.49B | 1.35 | 0.00 | 8.79 | 0.01 |
| SLQT | NYSE | SelectQuote Inc | 0.43B | 2.51 | 5.26 | 26.67 | 0.00 |
| CIA | NYSE | Citizens Inc | 0.18B | 3.59 | 0.56 | 21.00 | 0.00 |
| EHTH | NASDAQ | eHealth Inc | 0.13B | 4.13 | -2.48 | 35.57 | 0.00 |
| MBI | NYSE | MBIA Inc | 0.22B | 4.30 | 0.71 | 0.00 | 0.00 |
| ABL | NASDAQ | Abacus Life Inc | 0.51B | 5.26 | -0.76 | 7,152.57 | 0.00 |
| JRVR | NASDAQ | James River Group Holdings Ltd | 0.27B | 5.86 | 3.36 | 5.17 | 0.01 |
| AEG | NYSE | Aegon Ltd. New York Registry Shares | 10.78B | 6.88 | -0.29 | 16.51 | 0.06 |
| AMBC | NYSE | Ambac Financial Group Inc | 0.33B | 7.05 | 0.50 | 7.57 | 0.00 |
| GNW | NYSE | Genworth Financial Inc | 3.26B | 7.87 | -0.26 | 14.77 | 0.00 |
| HGTY | NYSE | Hagerty Inc | 0.88B | 9.70 | 1.52 | 47.76 | 0.00 |
| CRD.B | NYSE | Crawford & Company Common Stock | 0.52B | 10.50 | 0.39 | 17.50 | 0.03 |
| CRD.A | NYSE | Crawford & Co | 0.53B | 10.62 | -2.03 | 17.70 | 0.03 |
| ACIC | NASDAQ | American Coastal Insurance Corp | 0.52B | 10.69 | 1.24 | 7.39 | 0.00 |
| NODK | NASDAQ | NI Holdings Inc | 0.26B | 12.47 | 0.21 | 44.00 | 0.00 |
| GLRE | NASDAQ | Greenlight Capital Re Ltd | 0.50B | 14.41 | -0.83 | 10.72 | 0.00 |
| KINS | NASDAQ | Kingstone Companies Inc | 0.23B | 16.11 | -1.17 | 9.30 | 0.00 |
| DGICB | NASDAQ | Donegal Group, Inc. - Class B Common Stock | 0.60B | 16.72 | 3.21 | 8.40 | 0.04 |
| FIHL | NYSE | Fidelis Insurance Holdings Ltd | 1.83B | 16.81 | 1.39 | 8.35 | 0.02 |
| DGICA | NASDAQ | Donegal Group Inc | 0.69B | 19.06 | 0.48 | 9.19 | 0.04 |
| SPNT | NYSE | SiriusPoint Ltd | 2.25B | 19.31 | 0.26 | 18.63 | 0.00 |
| HG | NYSE | Hamilton Insurance Group Ltd | 2.20B | 21.44 | -0.97 | 6.90 | 0.00 |
| TIPT | NASDAQ | Tiptree Inc | 0.85B | 22.57 | -2.76 | 19.24 | 0.01 |
| HRTG | NYSE | Heritage Insurance Holdings Inc | 0.70B | 22.66 | -4.19 | 8.96 | 0.00 |
| PRA | NYSE | ProAssurance Corp | 1.17B | 22.83 | 0.00 | 27.67 | 0.00 |
| PUK | NYSE | Prudential Public Limited Company Common Stock | 29.39B | 22.87 | 0.11 | 14.73 | 0.02 |
| IGIC | NASDAQ | International General Insurance Holdings Ltd | 1.05B | 23.16 | -0.31 | 8.56 | 0.01 |
| HIPO | NYSE | Hippo Holdings Inc | 0.61B | 24.36 | 0.03 | 0.00 | 0.00 |
| UFCS | NASDAQ | United Fire Group Inc | 0.68B | 26.58 | 3.31 | 10.88 | 0.02 |
| UVE | NYSE | Universal Insurance Holdings Inc | 0.78B | 27.73 | 0.51 | 11.23 | 0.02 |
| GBLI | NYSE | Global Indemnity Group LLC | 0.43B | 29.94 | 3.28 | 15.68 | 0.04 |
| MFC | NYSE | Manulife Financial Corporation Common Stock | 53.61B | 31.39 | -1.91 | 16.21 | 0.04 |
| FG | NYSE | F&G Annuities & Life Inc | 4.38B | 32.51 | 0.87 | 8.48 | 0.03 |
| LMND | NYSE | Lemonade Inc | 2.44B | 33.28 | -0.68 | 0.00 | 0.00 |
| LNC | NYSE | Lincoln National Corp | 5.69B | 33.34 | 1.47 | 4.95 | 0.05 |
| TWFG | NASDAQ | TWFG Inc | 0.51B | 34.51 | -1.45 | 126.29 | 0.00 |
| ACT | NASDAQ | Enact Holdings Inc | 5.26B | 35.04 | -2.32 | 8.46 | 0.02 |
| RDN | NYSE | Radian Group Inc | 4.79B | 35.69 | -2.30 | 9.27 | 0.03 |
| ORI | NYSE | Old Republic International Corp | 9.16B | 37.07 | 0.55 | 12.22 | 0.03 |
| BOW | NYSE | Bowhead Specialty Holdings Inc | 1.22B | 37.28 | 0.09 | 25.18 | 0.00 |
| CNO | NYSE | CNO Financial Group Inc | 3.79B | 38.18 | 1.79 | 13.24 | 0.02 |
| HMN | NYSE | Horace Mann Educators Corp | 1.71B | 42.02 | -0.31 | 15.19 | 0.03 |
| NMIH | NASDAQ | NMI Holdings Inc | 3.33B | 42.64 | -0.56 | 9.19 | 0.00 |
| AMSF | NASDAQ | AMERISAFE Inc | 0.84B | 44.08 | 1.34 | 17.38 | 0.04 |
| BWIN | NASDAQ | The Baldwin Insurance Group Inc | 3.15B | 44.54 | 6.41 | 22.57 | 0.00 |
| CNA | NYSE | CNA Financial Corp | 12.35B | 45.65 | -0.97 | 13.86 | 0.04 |
| TRUP | NASDAQ | Trupanion Inc | 2.00B | 46.85 | -0.72 | 1,447.59 | 0.00 |
| EIG | NYSE | Employers Holdings Inc | 1.13B | 47.04 | -0.11 | 11.36 | 0.03 |
| FNF | NYSE | Fidelity National Financial Inc | 15.17B | 55.24 | -1.40 | 14.22 | 0.03 |
| AEL | NYSE | American Equity Investment Life Holding Co | 4.48B | 56.47 | 0.56 | 0.00 | 0.00 |
| SKWD | NASDAQ | Skyward Specialty Insurance Group Inc | 2.38B | 58.86 | 1.02 | 18.40 | 0.00 |
| BHF | NASDAQ | Brighthouse Financial Inc | 3.39B | 59.07 | 1.70 | 6.88 | 0.00 |
| ESNT | NYSE | Essent Group Ltd | 6.00B | 59.16 | 2.07 | 8.94 | 0.02 |
| FAF | NYSE | First American Financial Corp | 6.32B | 61.39 | 0.27 | 41.26 | 0.03 |
| MCY | NYSE | Mercury General Corp | 3.56B | 64.30 | -1.66 | 12.76 | 0.02 |
| SLF | NYSE | Sun Life Financial Inc. Common Stock | 36.53B | 64.82 | 1.13 | 16.05 | 0.04 |
| KMPR | NYSE | Kemper Corp | 4.17B | 65.14 | 1.53 | 11.75 | 0.02 |
| STC | NYSE | Stewart Information Services Corp | 1.83B | 65.37 | 0.19 | 25.37 | 0.03 |
| RYAN | NYSE | Ryan Specialty Holdings Inc | 8.51B | 67.23 | 0.18 | 182.75 | 0.01 |
| WRB | NYSE | WR Berkley Corp | 27.64B | 72.86 | -0.83 | 16.42 | 0.00 |
| RLI | NYSE | RLI Corp | 6.95B | 75.69 | 1.15 | 23.24 | 0.01 |
| SAFT | NASDAQ | Safety Insurance Group Inc | 1.16B | 77.75 | 0.60 | 15.58 | 0.05 |
| MET | NYSE | MetLife Inc | 53.02B | 78.98 | 1.46 | 13.10 | 0.03 |
| UNM | NYSE | Unum Group | 13.91B | 79.12 | 1.40 | 9.58 | 0.02 |
| JXN | NYSE | Jackson Financial Inc | 6.01B | 84.09 | -0.41 | 66.76 | 0.03 |
| AIG | NYSE | American International Group Inc | 49.46B | 85.82 | 0.82 | 20.09 | 0.02 |
| SIGI | NASDAQ | Selective Insurance Group Inc | 5.26B | 86.62 | -0.94 | 23.11 | 0.02 |
| AGO | NYSE | Assured Guaranty Ltd | 4.25B | 86.64 | -0.53 | 10.09 | 0.02 |
| L | NYSE | Loews Corp | 18.74B | 89.37 | 0.53 | 14.97 | 0.00 |
| ACGL | NASDAQ | Arch Capital Group Ltd | 33.69B | 89.89 | -1.19 | 9.06 | 0.00 |
| GSHD | NASDAQ | Goosehead Insurance Inc | 2.53B | 100.99 | 1.98 | 85.63 | 0.00 |
| AXS | NYSE | Axis Capital Holdings Ltd | 8.09B | 102.92 | -0.82 | 9.75 | 0.02 |
| CRVL | NASDAQ | CorVel Corp | 5.37B | 104.34 | 1.52 | 55.37 | 0.00 |
| AFL | NYSE | Aflac Inc | 56.68B | 104.84 | 1.50 | 16.10 | 0.02 |
| PRU | NYSE | Prudential Financial Inc | 37.84B | 106.90 | 1.31 | 17.14 | 0.05 |
| BRO | NYSE | Brown & Brown Inc | 35.85B | 108.69 | 0.53 | 30.03 | 0.01 |
| GL | NYSE | Globe Life Inc | 10.08B | 122.07 | 1.25 | 9.80 | 0.01 |
| ROOT | NASDAQ | Root Inc | 1.88B | 122.33 | -8.74 | 37.34 | 0.00 |
| HIG | NYSE | The Hartford Financial Services Group Inc | 35.53B | 125.05 | 0.85 | 12.25 | 0.02 |
| AFG | NYSE | American Financial Group Inc | 10.58B | 126.62 | 1.96 | 13.16 | 0.02 |
| PLMR | NASDAQ | Palomar Holdings Inc | 3.85B | 144.09 | -3.16 | 28.68 | 0.00 |
| CINF | NASDAQ | Cincinnati Financial Corp | 22.93B | 146.68 | 0.86 | 15.92 | 0.02 |
| HCI | NYSE | HCI Group Inc | 1.72B | 149.36 | -0.05 | 13.94 | 0.01 |
| THG | NYSE | The Hanover Insurance Group Inc | 6.10B | 169.97 | -0.62 | 13.51 | 0.02 |
| RGA | NYSE | Reinsurance Group of America Inc | 12.91B | 195.42 | -1.07 | 16.56 | 0.02 |
| AIZ | NYSE | Assurant Inc | 10.08B | 198.78 | -0.46 | 14.96 | 0.02 |
| ALL | NYSE | Allstate Corp | 53.00B | 200.14 | -0.59 | 13.30 | 0.02 |
| ITIC | NASDAQ | Investors Title Co | 0.39B | 207.05 | -1.42 | 13.75 | 0.01 |
| MMC | NYSE | Marsh & McLennan Companies Inc | 106.44B | 216.02 | -0.14 | 26.10 | 0.02 |
| RNR | NYSE | RenaissanceRe Holdings Ltd | 11.76B | 241.64 | -0.69 | 7.48 | 0.01 |
| PRI | NYSE | Primerica Inc | 8.58B | 261.00 | 0.25 | 12.59 | 0.01 |
| PGR | NYSE | Progressive Corp | 155.24B | 264.81 | 0.32 | 17.38 | 0.02 |
| TRV | NYSE | The Travelers Companies Inc | 62.28B | 274.88 | -0.44 | 14.01 | 0.02 |
| CB | NYSE | Chubb Ltd | 116.05B | 289.59 | -0.05 | 13.49 | 0.01 |
| WTW | NASDAQ | Willis Towers Watson PLC | 30.39B | 306.50 | 0.66 | 17.83 | 0.01 |
| AJG | NYSE | Arthur J. Gallagher & Co | 81.98B | 320.17 | 0.02 | 48.73 | 0.01 |
| ESGR | NASDAQ | Enstar Group Ltd | 5.01B | 336.25 | -0.08 | 0.00 | 0.00 |
| EG | NYSE | Everest Group Ltd | 14.53B | 341.72 | -0.03 | 16.86 | 0.02 |
| AON | NYSE | Aon PLC | 75.47B | 349.48 | -0.64 | 30.38 | 0.01 |
| ERIE | NASDAQ | Erie Indemnity Co | 18.37B | 351.30 | -0.05 | 29.20 | 0.02 |
| KNSL | NYSE | Kinsale Capital Group Inc | 11.10B | 476.16 | 0.64 | 27.24 | 0.00 |
| WTM | NYSE | White Mountains Insurance Group Ltd | 4.58B | 1,780.48 | -0.25 | 164.32 | 0.00 |
| MKL | NYSE | Markel Group Inc | 25.31B | 1,995.27 | 1.54 | 14.43 | 0.00 |
| BRK.A | NYSE | Berkshire Hathaway Inc | 1.05T | 729,807.77 | -0.03 | 12.80 | 0.00 |
Insurance industry stocks are stocks of companies that provide various kinds of insurance to individuals, businesses, and other entities. These companies make money by collecting premiums from their policyholders and investing those funds to generate returns. Investing in insurance industry stocks can be a lucrative option for investors looking for stable and consistent returns. In this article, we will explore the basics of insurance industry stocks and provide insight into how to approach investing in this sector.
Insurance industry stocks are shares of companies that provide insurance coverage to individuals, businesses, and other entities. These companies offer a wide range of insurance products, including auto insurance, health insurance, life insurance, property insurance, and more. Investing in insurance industry stocks can provide investors with exposure to a stable and consistent source of revenue, as insurance is a necessity for most people and businesses.
Insurance companies make money by collecting premiums from policyholders in exchange for providing insurance coverage. These premiums are then invested by the insurance company to generate returns. In addition to premiums, insurance companies may also earn money through underwriting income, which is the difference between premiums collected and claims paid out. By investing premiums wisely and managing risk effectively, insurance companies can generate profits over time.
Investing in insurance industry stocks can be a lucrative option for investors seeking stable and consistent returns. By understanding how insurance companies make money and conducting thorough research on individual companies, investors can make informed decisions when choosing which insurance industry stocks to invest in. While there are risks associated with investing in any sector, insurance industry stocks can be a valuable addition to a diversified investment portfolio.
A: Insurance industry stocks can be a good investment for investors looking for stable and consistent returns. However, like any investment, there are risks to consider. It is important to do your research and consider factors such as the financial health of the company, industry trends, and economic conditions before investing in insurance industry stocks.
A: When investing in insurance industry stocks, it is important to consider factors such as the company's financial strength, investment portfolio, underwriting practices, and market competition. The performance of insurance industry stocks may also be influenced by factors such as interest rates, inflation, regulatory changes, and catastrophic events.
A: To start investing in insurance industry stocks, you can open a brokerage account and research different insurance companies that offer shares on the stock market. Consider factors such as the company's financial performance, growth prospects, dividend history, and competitive position in the market before making investment decisions. It is recommended to consult with a financial advisor or investment professional for personalized guidance.