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) | 0.46B | 1.27 | 6.73 | 10.38 | 0.01 |
| SLQT | NYSE | SelectQuote Inc | 0.39B | 2.28 | 0.67 | 25.25 | 0.00 |
| CIA | NYSE | Citizens Inc | 0.21B | 4.10 | 1.74 | 22.88 | 0.00 |
| MBI | NYSE | MBIA Inc | 0.24B | 4.73 | -2.88 | 0.00 | 0.00 |
| JRVR | NASDAQ | James River Group Holdings Ltd | 0.22B | 4.75 | -1.05 | 5.06 | 0.02 |
| EHTH | NASDAQ | eHealth Inc | 0.18B | 5.82 | -1.86 | 35.64 | 0.00 |
| GNW | NYSE | Genworth Financial Inc | 2.87B | 6.93 | -1.85 | 13.62 | 0.00 |
| AEG | NYSE | Aegon Ltd. New York Registry Shares | 11.10B | 6.97 | 2.20 | 16.99 | 0.05 |
| AMBC | NYSE | Ambac Financial Group Inc | 0.36B | 7.72 | -2.28 | 8.33 | 0.00 |
| ABL | NASDAQ | Abacus Life Inc | 0.80B | 8.39 | 2.32 | 7,499.33 | 0.00 |
| HGTY | NYSE | Hagerty Inc | 0.79B | 8.70 | 0.70 | 45.38 | 0.00 |
| CRD.B | NYSE | Crawford & Company Common Stock | 0.53B | 10.68 | 1.72 | 17.92 | 0.03 |
| CRD.A | NYSE | Crawford & Co | 0.55B | 11.12 | 3.35 | 19.12 | 0.02 |
| ACIC | NASDAQ | American Coastal Insurance Corp | 0.54B | 11.21 | 0.68 | 7.61 | 0.00 |
| NODK | NASDAQ | NI Holdings Inc | 0.26B | 12.50 | -0.84 | 46.24 | 0.00 |
| GLRE | NASDAQ | Greenlight Capital Re Ltd | 0.46B | 13.23 | 0.69 | 10.38 | 0.00 |
| SPNT | NYSE | SiriusPoint Ltd | 1.77B | 15.16 | -2.01 | 18.77 | 0.00 |
| DGICB | NASDAQ | Donegal Group, Inc. - Class B Common Stock | 0.60B | 16.72 | 3.21 | 8.66 | 0.04 |
| KINS | NASDAQ | Kingstone Companies Inc | 0.24B | 16.89 | -2.49 | 9.94 | 0.00 |
| FIHL | NYSE | Fidelis Insurance Holdings Ltd | 1.90B | 17.44 | -1.31 | 9.58 | 0.02 |
| HG | NYSE | Hamilton Insurance Group Ltd | 1.79B | 17.46 | -1.25 | 6.95 | 0.00 |
| DGICA | NASDAQ | Donegal Group Inc | 0.66B | 18.19 | 0.92 | 10.00 | 0.03 |
| HRTG | NYSE | Heritage Insurance Holdings Inc | 0.59B | 18.90 | -1.21 | 9.78 | 0.00 |
| TIPT | NASDAQ | Tiptree Inc | 0.82B | 21.75 | 1.52 | 18.18 | 0.01 |
| PUK | NYSE | Prudential Public Limited Company Common Stock | 29.84B | 23.06 | -0.35 | 13.77 | 0.02 |
| PRA | NYSE | ProAssurance Corp | 1.18B | 23.12 | 0.09 | 27.95 | 0.00 |
| UVE | NYSE | Universal Insurance Holdings Inc | 0.67B | 23.65 | 0.09 | 11.50 | 0.02 |
| IGIC | NASDAQ | International General Insurance Holdings Ltd | 1.08B | 23.90 | -0.17 | 8.64 | 0.00 |
| HIPO | NYSE | Hippo Holdings Inc | 0.61B | 24.22 | 1.96 | 0.00 | 0.00 |
| UFCS | NASDAQ | United Fire Group Inc | 0.68B | 26.58 | 3.31 | 11.19 | 0.02 |
| GBLI | NYSE | Global Indemnity Group LLC | 0.43B | 29.94 | 3.28 | 15.48 | 0.05 |
| TWFG | NASDAQ | TWFG Inc | 0.45B | 29.96 | 7.97 | 124.11 | 0.00 |
| LNC | NYSE | Lincoln National Corp | 5.13B | 30.03 | -0.70 | 4.80 | 0.05 |
| MFC | NYSE | Manulife Financial Corporation Common Stock | 52.00B | 30.36 | -1.16 | 16.81 | 0.04 |
| LMND | NYSE | Lemonade Inc | 2.32B | 31.66 | -2.80 | 0.00 | 0.00 |
| RDN | NYSE | Radian Group Inc | 4.56B | 33.91 | 0.85 | 8.75 | 0.03 |
| FG | NYSE | F&G Annuities & Life Inc | 4.75B | 35.28 | 1.35 | 8.51 | 0.03 |
| NMIH | NASDAQ | NMI Holdings Inc | 2.77B | 35.46 | 5.41 | 8.34 | 0.00 |
| ACT | NASDAQ | Enact Holdings Inc | 5.33B | 35.50 | 0.97 | 8.28 | 0.02 |
| ORI | NYSE | Old Republic International Corp | 9.32B | 37.71 | -0.11 | 12.51 | 0.03 |
| BOW | NYSE | Bowhead Specialty Holdings Inc | 1.24B | 38.01 | -1.23 | 27.42 | 0.00 |
| BWIN | NASDAQ | The Baldwin Insurance Group Inc | 2.71B | 38.30 | -0.52 | 21.37 | 0.00 |
| CNO | NYSE | CNO Financial Group Inc | 3.90B | 39.34 | 1.46 | 13.72 | 0.02 |
| HMN | NYSE | Horace Mann Educators Corp | 1.73B | 42.38 | 1.76 | 15.93 | 0.03 |
| TRUP | NASDAQ | Trupanion Inc | 1.97B | 46.06 | -1.52 | 1,447.59 | 0.00 |
| EIG | NYSE | Employers Holdings Inc | 1.12B | 46.39 | 0.68 | 11.99 | 0.02 |
| AMSF | NASDAQ | AMERISAFE Inc | 0.89B | 46.74 | -1.38 | 19.22 | 0.03 |
| CNA | NYSE | CNA Financial Corp | 13.08B | 48.33 | 1.07 | 14.68 | 0.04 |
| ESNT | NYSE | Essent Group Ltd | 5.68B | 56.06 | -0.43 | 8.64 | 0.02 |
| MCY | NYSE | Mercury General Corp | 3.11B | 56.20 | 2.24 | 12.06 | 0.02 |
| AEL | NYSE | American Equity Investment Life Holding Co | 4.48B | 56.47 | 0.56 | 0.00 | 0.00 |
| FNF | NYSE | Fidelity National Financial Inc | 15.81B | 57.58 | 1.31 | 14.00 | 0.03 |
| SKWD | NASDAQ | Skyward Specialty Insurance Group Inc | 2.38B | 58.86 | 1.02 | 21.20 | 0.00 |
| BHF | NASDAQ | Brighthouse Financial Inc | 3.51B | 61.15 | 0.26 | 7.82 | 0.00 |
| FAF | NYSE | First American Financial Corp | 6.29B | 61.17 | 0.38 | 38.95 | 0.04 |
| SLF | NYSE | Sun Life Financial Inc. Common Stock | 36.11B | 63.62 | 0.67 | 16.16 | 0.04 |
| KMPR | NYSE | Kemper Corp | 4.09B | 63.96 | -1.54 | 12.01 | 0.02 |
| STC | NYSE | Stewart Information Services Corp | 1.84B | 66.02 | -0.56 | 24.76 | 0.03 |
| RYAN | NYSE | Ryan Specialty Holdings Inc | 8.94B | 70.57 | 1.01 | 196.08 | 0.01 |
| JXN | NYSE | Jackson Financial Inc | 5.19B | 72.71 | -0.23 | 64.42 | 0.03 |
| WRB | NYSE | WR Berkley Corp | 27.90B | 73.55 | -0.37 | 17.06 | 0.00 |
| MET | NYSE | MetLife Inc | 50.05B | 74.55 | -2.45 | 13.13 | 0.03 |
| RLI | NYSE | RLI Corp | 6.95B | 75.69 | 1.15 | 24.97 | 0.01 |
| SAFT | NASDAQ | Safety Insurance Group Inc | 1.15B | 77.43 | 1.45 | 17.00 | 0.04 |
| UNM | NYSE | Unum Group | 13.61B | 77.43 | -0.30 | 9.67 | 0.02 |
| AIG | NYSE | American International Group Inc | 47.56B | 82.53 | -0.63 | 20.51 | 0.02 |
| L | NYSE | Loews Corp | 18.10B | 86.31 | -0.60 | 14.58 | 0.00 |
| SIGI | NASDAQ | Selective Insurance Group Inc | 5.26B | 86.54 | -2.74 | 24.20 | 0.02 |
| AGO | NYSE | Assured Guaranty Ltd | 4.35B | 88.78 | 0.93 | 10.20 | 0.02 |
| ACGL | NASDAQ | Arch Capital Group Ltd | 35.00B | 93.40 | 2.81 | 9.66 | 0.00 |
| AXS | NYSE | Axis Capital Holdings Ltd | 7.76B | 98.68 | -1.27 | 10.20 | 0.02 |
| PRU | NYSE | Prudential Financial Inc | 36.01B | 101.73 | -0.96 | 16.70 | 0.05 |
| AFL | NYSE | Aflac Inc | 56.78B | 105.03 | -0.52 | 16.55 | 0.02 |
| GSHD | NASDAQ | Goosehead Insurance Inc | 2.65B | 105.60 | 0.18 | 90.33 | 0.00 |
| BRO | NYSE | Brown & Brown Inc | 31.21B | 108.87 | 0.82 | 31.32 | 0.01 |
| CRVL | NASDAQ | CorVel Corp | 5.84B | 113.67 | -0.56 | 67.00 | 0.00 |
| HIG | NYSE | The Hartford Financial Services Group Inc | 34.62B | 121.84 | -0.68 | 13.08 | 0.02 |
| GL | NYSE | Globe Life Inc | 10.16B | 122.07 | 1.25 | 9.95 | 0.01 |
| AFG | NYSE | American Financial Group Inc | 10.58B | 126.62 | 1.96 | 13.21 | 0.02 |
| ROOT | NASDAQ | Root Inc | 2.09B | 135.71 | -3.89 | 41.49 | 0.00 |
| PLMR | NASDAQ | Palomar Holdings Inc | 3.90B | 146.01 | -1.29 | 31.75 | 0.00 |
| CINF | NASDAQ | Cincinnati Financial Corp | 23.22B | 148.56 | -0.96 | 16.36 | 0.02 |
| HCI | NYSE | HCI Group Inc | 1.88B | 162.75 | 0.49 | 15.98 | 0.01 |
| THG | NYSE | The Hanover Insurance Group Inc | 5.85B | 162.96 | -0.06 | 14.10 | 0.02 |
| AIZ | NYSE | Assurant Inc | 9.95B | 196.29 | -3.05 | 15.65 | 0.02 |
| RGA | NYSE | Reinsurance Group of America Inc | 13.54B | 204.94 | 0.05 | 17.59 | 0.02 |
| ALL | NYSE | Allstate Corp | 55.11B | 208.12 | -0.88 | 14.22 | 0.02 |
| MMC | NYSE | Marsh & McLennan Companies Inc | 113.43B | 230.21 | 1.31 | 28.32 | 0.01 |
| RNR | NYSE | RenaissanceRe Holdings Ltd | 11.67B | 239.96 | -1.46 | 7.81 | 0.01 |
| ITIC | NASDAQ | Investors Title Co | 0.46B | 243.15 | 1.75 | 15.72 | 0.01 |
| TRV | NYSE | The Travelers Companies Inc | 58.78B | 259.44 | 3.92 | 14.90 | 0.02 |
| PRI | NYSE | Primerica Inc | 8.97B | 273.10 | -0.07 | 12.77 | 0.01 |
| CB | NYSE | Chubb Ltd | 114.19B | 284.95 | 0.99 | 14.06 | 0.01 |
| PGR | NYSE | Progressive Corp | 168.97B | 288.24 | 0.78 | 19.26 | 0.02 |
| WTW | NASDAQ | Willis Towers Watson PLC | 30.06B | 303.16 | 0.33 | 17.95 | 0.01 |
| ESGR | NASDAQ | Enstar Group Ltd | 4.99B | 334.72 | -0.10 | 10.74 | 0.00 |
| AJG | NYSE | Arthur J. Gallagher & Co | 87.14B | 340.33 | -1.02 | 52.52 | 0.01 |
| EG | NYSE | Everest Group Ltd | 14.71B | 345.91 | -0.08 | 17.54 | 0.02 |
| AON | NYSE | Aon PLC | 78.83B | 365.04 | 1.34 | 31.32 | 0.01 |
| ERIE | NASDAQ | Erie Indemnity Co | 21.56B | 412.40 | -1.75 | 31.72 | 0.01 |
| KNSL | NYSE | Kinsale Capital Group Inc | 9.94B | 426.46 | -2.03 | 27.42 | 0.00 |
| WTM | NYSE | White Mountains Insurance Group Ltd | 4.62B | 1,796.56 | 0.42 | 171.65 | 0.00 |
| MKL | NYSE | Markel Group Inc | 24.32B | 1,917.51 | 0.91 | 14.11 | 0.00 |
| BRK.A | NYSE | Berkshire Hathaway Inc | 1.11T | 769,817.01 | 1.42 | 13.55 | 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.