Here's How Insurance ETFs Are Placed Post Q3 Earnings

Zacks11-15

The insurance industry saw some strong earnings reports as some of the prominent players surpassed estimates either for earnings or revenues, or both. This led to a rally in insurance ETFs. SPDR S&P ...

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SPDR S&P ...</p>\n\n<a href=\"https://finance.yahoo.com/news/heres-insurance-etfs-placed-post-133300012.html\">Source Link</a>\n\n</div>\n","source":"yahoofinance","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Here's How Insurance ETFs Are Placed Post Q3 Earnings</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nHere's How Insurance ETFs Are Placed Post Q3 Earnings\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-11-15 21:33 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/heres-insurance-etfs-placed-post-133300012.html><strong>Zacks</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The insurance industry saw some strong earnings reports as some of the prominent players surpassed estimates either for earnings or revenues, or both. This led to a rally in insurance ETFs. SPDR S&P ...</p>\n\n<a href=\"https://finance.yahoo.com/news/heres-insurance-etfs-placed-post-133300012.html\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"POST","symbol_name":"Post Holdings","start_time":0,"source_url":"https://finance.yahoo.com/news/heres-insurance-etfs-placed-post-133300012.html","article_id":"2483303576","we_media_id":null,"thumbnails":["https://s.yimg.com/uu/api/res/1.2/3pZsOfKKYce0RaTpqQpEiA--~B/aD0zODk7dz02MjA7YXBwaWQ9eXRhY2h5b24-/https://media.zenfs.com/en/zacks.com/0209f04addd1d140b1f7ad6c6a2f3dab"],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2483303576","pubTimestamp":1731677580,"sourceInfo":{"source_id":"yahoofinance","name":"雅虎金融"},"weMediaInfo":null,"summary":"The insurance industry saw some strong earnings reports as some of the prominent players surpassed estimates either for earnings or revenues, or both. This led to a rally in insurance ETFs. SPDR S&P Insurance ETF KIE, iShares U.S. Insurance ETF IAK and Invesco KBW Property & Casualty Insurance ETF KBWP are up 5.3%, 4.2% and 7.5%, respectively, over the past month.SPDR S&P Insurance ETF SPDR S&P Insurance ETF follows the S&P Insurance Select Industry Index, holding well-diversified 51 stocks in its basket. About 50% of the portfolio is allocated to property and casualty insurance, while life & health insurance and insurance brokers round off the next two spots with double-digit exposure. SPDR S&P Insurance ETF has managed $996.7 million in its asset base and charges 35 bps in annual fees. It has a Zacks ETF Rank #2  with a Medium risk outlook.iShares U.S. Insurance ETF With AUM of $748.9 million, iShares U.S. Insurance ETF offers exposure to U.S. companies that provide life, property an","collect":0,"end_time":0,"defaultTopTitle":"yahoo.com","property":["earning"],"viewcount":null,"language":"en","relate_stocks":{"POST":"Post Holdings","PRU":"保德信金融","MET":"大都会人寿"},"translate_title":"以下是第三季度收益后保险ETF的配置方式","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"POST":1,"MET":0.9,"PRU":0.9},"content_text":"The insurance industry saw some strong earnings reports as some of the prominent players surpassed estimates either for earnings or revenues, or both. This led to a rally in insurance ETFs. SPDR S&P Insurance ETF KIE, iShares U.S. Insurance ETF IAK and Invesco KBW Property & Casualty Insurance ETF KBWP are up 5.3%, 4.2% and 7.5%, respectively, over the past month.\nInsurance Earnings in Focus\nThe second-largest U.S. life insurer Prudential Financial PRU reported better-than-expected results. Earnings per share of $3.48 outpaced the Zacks Consensus Estimate by a penny but decreased 3.8% from the year-ago earnings. Revenues surged 94% year over year to $19.48 billion and edged past the consensus mark of $14.57 billion. Chubb Corp. CB, one of the leading property and casualty insurers, surpassed the Zacks Consensus Estimate for earnings per share by 79 cents but lagged the revenue estimate by $239 million. Another property and casualty insurer. Allstate ALL posted earnings per share of $3.91, surpassing the Zacks Consensus Estimate of $2.20. The bottom line increased nearly five-fold year over year. Revenues grew 12.3% year over year to $16.38 billion, well above the consensus mark of $16.24 billion.Earnings per share of $2.16 reported by Aflac AFL, a seller of supplemental health insurance, trumped the Zacks Consensus Estimate by 46 cents and improved 17.4% from the year-ago earnings. Revenues declined 42% year over year to $2.95 billion and lagged the consensus mark of $4.65 billion (see: all the Financial ETFs here). Personal property and casualty insurer Travelers TRV posted earnings per share of $5.24, which beat the Zacks Consensus Estimate by $1.45 and doubled from the year-ago earnings. Revenues grew 10.7% year over year to $11.8 billion and edged past the consensus mark of $11.69 billion.The U.S. life insurance behemoth MetLife MET disappointed in its third-quarter 2024 results.  MetLife reported earnings of $1.93 per share, which missed the Zacks Consensus Estimate by 23 cents and declined 1% from the year-ago quarter. Revenues declined 3.4% year over year to $17.6 billion and missed the consensus estimate of $18.47 billion.\nInsurance ETFs in Focus\nSPDR S&P Insurance ETF (KIE)SPDR S&P Insurance ETF follows the S&P Insurance Select Industry Index, holding well-diversified 51 stocks in its basket. About 50% of the portfolio is allocated to property and casualty insurance, while life & health insurance and insurance brokers round off the next two spots with double-digit exposure. SPDR S&P Insurance ETF has managed $996.7 million in its asset base and charges 35 bps in annual fees. It has a Zacks ETF Rank #2 (Buy) with a Medium risk outlook.iShares U.S. Insurance ETF (IAK)With AUM of $748.9 million, iShares U.S. Insurance ETF offers exposure to U.S. companies that provide life, property and casualty, and full-line insurance. It tracks the Dow Jones U.S. Select Insurance Index and holds 52 securities in its basket with a double-digit concentration on the top two firms. Property & casualty insurance accounts for the largest share at 71.8%, while life & health insurance rounds off the next spot with double-digit exposure. iShares U.S. Insurance ETF charges 39 bps in annual fees and has a Zacks ETF Rank #2 with a Medium risk outlook (read: 5 Top-Ranked ETFs Beating the S&P 500 in 2024).Invesco KBW Property & Casualty Insurance ETF (KBWP) Invesco KBW Property & Casualty Insurance ETF provides exposure to 25 companies primarily engaged in U.S. property and casualty insurance activities. It follows the KBW Nasdaq Property & Casualty Index and is concentrated on the top five firms that make up about 8% share each. Invesco KBW Property & Casualty Insurance ETF has managed $448.7 million in its asset base and has an expense ratio of 0.35%. KBWP has a Zacks ETF Rank #3 with a Medium risk outlook.\nWant the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report\nThe Travelers Companies, Inc. (TRV) : Free Stock Analysis Report\nChubb Limited (CB) : Free Stock Analysis Report\nMetLife, Inc. (MET) : Free Stock Analysis Report\nPrudential Financial, Inc. (PRU) : Free Stock Analysis Report\nAflac Incorporated (AFL) : Free Stock Analysis Report\niShares U.S. Insurance ETF (IAK): ETF Research Reports\nSPDR S&P Insurance ETF (KIE): ETF Research Reports\nInvesco KBW Property & Casualty Insurance ETF (KBWP): ETF Research Reports\nTo read this article on Zacks.com click here.\nZacks Investment Research","kind":null,"is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.2","shortVersion":"4.29.2","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2483303576"}