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，保險公司股票的表現超過了標準普爾500指數，僅落後於半導體股票的出色表現。
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美國保險ETF（紐約證券交易所代碼：IAK）在1月份上漲了5％，超過了SPDR標準普爾500指數ETF信託（紐約證券交易所代碼：SPY）3％的漲幅。
But what is driving the rally in U.S. insurance stocks?
但是，是什麼推動了美國保險股的上漲？
Insurance Costs For Motor Vehicles Are Soaring
機動車的保險成本正在飆升
The December Consumer Price Index report provides valuable insight into the significant price increases experienced in motor vehicle insurance.
12月消費者價格指數報告爲機動車保險價格大幅上漲提供了寶貴的見解。
The index for motor vehicle insurance rose by 1.5% in December, following a 1.0% increase in the previous month.
繼上個月增長1.0％之後，12月份機動車保險指數上漲了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.
與2022年12月相比，機動車保險成本飆升了20.3％。這是過去一年來通貨膨脹籃子中所有物品的最高價格漲幅。
The Influence Of Electric Vehicles (EVs)
電動汽車（EV）的影響
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.
彭博社週四的一份報告強調了影響這一趨勢的一個關鍵因素：維修現代汽車，尤其是配備先進技術的車輛的複雜性和成本。
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連鎖車身修理廠的共同所有人本·克萊默的話說，當今車輛的複雜性導致維護成本增加。維修基本型號的起亞已不再像以前那樣，因爲它可能有10臺不同的計算機和許多傳感器。克萊默解釋說，這種複雜性，加上零件價格的上漲，“爲更高的維修成本創造了完美的風暴。”
This has led to the fastest increase in auto insurance rates in nearly half a century.
這導致了近半個世紀以來汽車保險費率最快的增長。
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.
根據汽車保險處理公司CCC Intelligent Solutions的數據，現在傳統汽車的平均維修成本爲4,437美元。電動汽車的平均維修成本高出49％，達到6,618美元，這要歸因於其先進的技術和電動動力系統所需的專業操控性。
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.
根據CCC Intelligent Solutions的報告，儘管與傳統內燃機汽車相比，電動汽車配備的部件更少，但通常需要超過20天的維修時間，比非電動汽車所需的時間長40％。
Top-Performing Insurance Stocks In 2024
2024 年表現最好的保險股
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美國保險ETF中迄今爲止表現最好的保險股清單。
| 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 | 價格 | 重量 | 年度回報 |
|---|---|---|---|
| 奧斯卡健康有限公司（紐約證券交易所代碼：OSCR） | 11.81 | 0.24% | 29.13% |
| 肯珀公司（紐約證券交易所代碼：KMPR） | 61.93 | 0.49 | 27.24 |
| 金賽爾資本集團有限公司（納斯達克股票代碼：KNSL） | 399.89 | 1.26 | 19.40 |
| W.R. Berkley Corporation（紐約證券交易所代碼：WRB） | 82.81 | 2.20 | 17.10 |
| 聯合消防集團有限公司（納斯達克股票代碼：UFCS） | 22.69 | 0.09 | 12.77 |
| Allstate Corporation（紐約證券交易所代碼：ALL） | 157.56 | 4.70 | 12.56 |
| 進步公司（紐約證券交易所代碼：PGR） | 176.91 | 13.17 | 11.63 |
| 旅行者公司（紐約證券交易所代碼：TRV） | 210.61 | 6.38 | 10.56 |
| Primerica, Inc.（紐約證券交易所代碼：PRI） | 226.00 | 1.13 | 9.84 |
| 水星通用公司（紐約證券交易所代碼：MCY） | 40.94 | 0.17 | 9.72 |
Now Read: 'Meaningfully Stronger' US Economy Dismantles Slowdown Fears, Boasts 3.3% Growth In Q4 2023
現在閱讀： “明顯更強勁” 的美國經濟消除了對經濟放緩的擔憂，2023年第四季度增長3.3％
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照片：Shutterstock