News Formal

Insurance stocks are racing ahead of the market in the third quarter — What to know

  • 📰 CNBC
  • ⏱ Reading Time:
  • 23 sec. here
  • 12 min. at publisher
  • 📊 Quality Score:
  • News: 48%
  • Publisher: 72%

Investment Strategy Notícia

Markets,Ishares U.S. Insurance ETF,Travelers Companies Inc

Shares of insurers are outperforming as companies get a better handle on the auto market and push premiums higher.

Financial markets have given investors several scares and head fakes this summer, but one group is emerging as a winner with a balance of fundamental improvement in its business, and defensive qualities — insurance stocks. The iShares U.S. Insurance ETF has gained 8.2% in the third quarter, compared to 2.4% for the S & P 500. The sector is beating the broader market on a year-to-date basis, as well. IAK 3M mountain Insurance stocks are outperforming in the third quarter.

The period of rising costs put an emphasis on efficiency, which helped the larger insurance companies because they have more money to invest in technology, such as drones, Heal said. "The technology's made it much easier for them to detect fraud," Heal said. Because of the size benefit, Argus likes multi-line insurers including Travelers and Chubb , which recently saw an investment from Warren Buffett 's Berkshire Hathaway .

 

Obrigado pelo seu comentário. Seu comentário será publicado após ser revisado.
Resumimos esta notícia para que você possa lê-la rapidamente. Se você se interessou pela notícia, pode ler o texto completo aqui. Consulte Mais informação:

 /  🏆 12. in BR

Brasil Últimas Notícias, Brasil Manchetes

Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.

Spotify Shares Climb, UMG Shares Sink Following Q2 Earnings ReportsSpotify's stock rose and Universal Music shares fell following the companies' Q2 earnings reports this week. Get your music stocks update here.
Fonte: billboard - 🏆 112. / 63 Consulte Mais informação »

Stock market today: Asian shares mostly fall ahead of central bank meetingsAsian shares have mostly fallen in cautious trading ahead of central bank meetings around the world.
Fonte: wjxt4 - 🏆 246. / 63 Consulte Mais informação »

Stock market today: Asian shares mostly fall ahead of central bank meetingsAsian shares have mostly fallen in cautious trading ahead of central bank meetings around the world.
Fonte: ksatnews - 🏆 442. / 53 Consulte Mais informação »

Super Micro announces 10-for-1 stock split, shares plunge 11% on earnings missSuper Micro announced a 10-for-1 stock split and issued upbeat guidance for the first quarter.
Fonte: CNBC - 🏆 12. / 72 Consulte Mais informação »