Insurance providers use their expertise in risk assessment to help protect assets while offering consumers peace of mind through comprehensive coverage options. Market leaders have certainly capitalized on strong underwriting results and rising investment income to boost profitability,
helping fuel a 7% gain for the industry over the past six months - 2.4 percentage points higher than the S&P 500.
Small-cap stocks in the Russell 2000 (^RUT) can be a goldmine for investors looking beyond the usual large-cap names.
But with less stability and fewer resources than their bigger counterparts, these companies face steeper challenges in scaling their businesses.
The property and casualty insurance industry appears to be undervalued compared with the S&P 500 composite. Such a market positioning hints at room for upside in the coming quarters. Thus, here is a look at some stocks in the industry.
