How EVs, High-Tech Vehicles Are Fueling Surge In Insurance Stocks
How EVs, High-Tech Vehicles Are Fueling Surge In Insurance Stocks
In 2024, insurance company stocks have outperformed the S&P 500 index, only lagging behind the exceptional performance of semiconductor stocks.
2024年，保险公司股票的表现超过了标准普尔500指数，仅落后于半导体股票的出色表现。
The iShares U.S. Insurance ETF (NYSE:IAK) has experienced a 5% increase in January, surpassing the 3% rise of the SPDR S&P 500 ETF Trust (NYSE:SPY).
iShares美国保险ETF（纽约证券交易所代码：IAK）在1月份上涨了5％，超过了SPDR标准普尔500指数ETF信托（纽约证券交易所代码：SPY）3％的涨幅。
But what is driving the rally in U.S. insurance stocks?
但是，是什么推动了美国保险股的上涨？
Insurance Costs For Motor Vehicles Are Soaring
机动车的保险成本正在飙升
The December Consumer Price Index report provides valuable insight into the significant price increases experienced in motor vehicle insurance.
12月消费者价格指数报告为机动车保险价格大幅上涨提供了宝贵的见解。
The index for motor vehicle insurance rose by 1.5% in December, following a 1.0% increase in the previous month.
继上个月增长1.0％之后，12月份机动车保险指数上涨了1.5％。
Compared to December 2022, motor vehicle insurance costs have soared by +20.3%. This is the highest price increase for any item in the inflation basket over the past year.
与2022年12月相比，机动车保险成本飙升了20.3％。这是过去一年来通货膨胀篮子中所有物品的最高价格涨幅。
The Influence Of Electric Vehicles (EVs)
电动汽车（EV）的影响
A Bloomberg report on Thursday highlighted a key factor influencing this trend: the complexity and costliness of repairing modern vehicles, especially those equipped with advanced technologies.
彭博社周四的一份报告强调了影响这一趋势的一个关键因素：维修现代汽车，尤其是配备先进技术的车辆的复杂性和成本。
Bloomberg quotes Ben Clymer, a co-owner of a body shop chain in Southern California, who said the complexity of vehicles these days is generating increasing costs of maintenance. Repairing a basic model Kia is not like it used to be, as it might have 10 different computers and numerous sensors. This complexity, along with rising parts prices, Clymer explains, "creates the perfect storm for higher repair costs."
彭博社援引南加州一家连锁车身修理厂的共同所有人本·克莱默的话说，当今车辆的复杂性导致维护成本增加。维修基本型号的起亚已不再像以前那样，因为它可能有10台不同的计算机和许多传感器。克莱默解释说，这种复杂性，加上零件价格的上涨，“为更高的维修成本创造了完美的风暴。”
This has led to the fastest increase in auto insurance rates in nearly half a century.
这导致了近半个世纪以来汽车保险费率最快的增长。
The average repair cost for a traditional vehicle is now $4,437, according to CCC Intelligent Solutions, an auto insurance processing company. For EVs, the average repair cost is 49% higher, at $6,618, due to their advanced tech and the specialized handling needed for their electric powertrains.
根据汽车保险处理公司CCC Intelligent Solutions的数据，现在传统汽车的平均维修成本为4,437美元。电动汽车的平均维修成本高出49％，达到6,618美元，这要归因于其先进的技术和电动动力系统所需的专业操控性。
Although equipped with fewer components compared to traditional internal combustion engine vehicles, EVs typically require over 20 days for repairs, which is 40% more time than needed for non-EVs, as reported by CCC Intelligent Solutions.
根据CCC Intelligent Solutions的报告，尽管与传统内燃机汽车相比，电动汽车配备的部件更少，但通常需要超过20天的维修时间，比非电动汽车所需的时间长40％。
Top-Performing Insurance Stocks In 2024
2024 年表现最好的保险股
Below is a list of the best-performing insurance stocks year-to-date included in the iShares U.S. Insurance ETF.
以下是iShares美国保险ETF中迄今为止表现最好的保险股清单。
| Company | Price | Weight | YTD Return |
|---|---|---|---|
| Oscar Health, Inc. (NYSE:OSCR) | 11.81 | 0.24% | 29.13% |
| Kemper Corporation (NYSE:KMPR) | 61.93 | 0.49 | 27.24 |
| Kinsale Capital Group, Inc. (NASDAQ:KNSL) | 399.89 | 1.26 | 19.40 |
| W. R. Berkley Corporation (NYSE:WRB) | 82.81 | 2.20 | 17.10 |
| United Fire Group, Inc. (NASDAQ:UFCS) | 22.69 | 0.09 | 12.77 |
| The Allstate Corporation (NYSE:ALL) | 157.56 | 4.70 | 12.56 |
| The Progressive Corporation (NYSE:PGR) | 176.91 | 13.17 | 11.63 |
| The Travelers Companies, Inc. (NYSE:TRV) | 210.61 | 6.38 | 10.56 |
| Primerica, Inc. (NYSE:PRI) | 226.00 | 1.13 | 9.84 |
| Mercury General Corporation (NYSE:MCY) | 40.94 | 0.17 | 9.72 |
| 公司 | 价格 | 重量 | 年度回报 |
|---|---|---|---|
| 奥斯卡健康有限公司（纽约证券交易所代码：OSCR） | 11.81 | 0.24% | 29.13% |
| 肯珀公司（纽约证券交易所代码：KMPR） | 61.93 | 0.49 | 27.24 |
| 金赛尔资本集团有限公司（纳斯达克股票代码：KNSL） | 399.89 | 1.26 | 19.40 |
| W.R. Berkley Corporation（纽约证券交易所代码：WRB） | 82.81 | 2.20 | 17.10 |
| 联合消防集团有限公司（纳斯达克股票代码：UFCS） | 22.69 | 0.09 | 12.77 |
| Allstate Corporation（纽约证券交易所代码：ALL） | 157.56 | 4.70 | 12.56 |
| 进步公司（纽约证券交易所代码：PGR） | 176.91 | 13.17 | 11.63 |
| 旅行者公司（纽约证券交易所代码：TRV） | 210.61 | 6.38 | 10.56 |
| Primerica, Inc.（纽约证券交易所代码：PRI） | 226.00 | 1.13 | 9.84 |
| 水星通用公司（纽约证券交易所代码：MCY） | 40.94 | 0.17 | 9.72 |
Now Read: 'Meaningfully Stronger' US Economy Dismantles Slowdown Fears, Boasts 3.3% Growth In Q4 2023
现在阅读： “明显更强劲” 的美国经济消除了对经济放缓的担忧，2023年第四季度增长3.3％
Photo: Shutterstock
照片：Shutterstock