Core Viewpoint - In 2024, the overall underwriting situation for new energy vehicle insurance is expected to be in a loss state, highlighting significant discrepancies between product pricing and risk levels [1] Group 1: Insurance Market Analysis - New energy vehicle insurance faces challenges such as difficulty in obtaining coverage, high premiums, and underwriting losses [1] - The average risk cost for new energy vehicle insurance is approximately 2.2 times that of traditional fuel vehicles, while the premiums for new energy vehicle insurance are only 1.7 times higher, indicating that premiums do not adequately cover risk costs [1] Group 2: Factors Influencing Risk and Premiums - The higher claim rates in new energy vehicle insurance are attributed to a greater proportion of operational vehicles and new vehicles, leading to increased risk [1] - The repair costs for new energy vehicles are elevated due to high repair thresholds and a relatively closed supply chain for parts, resulting in higher compensation amounts [1] Group 3: Future Outlook - In the short to medium term, as the age of vehicles increases and the saturation of operational vehicles occurs, the risk rates are expected to stabilize, leading to a gradual return to stable or declining insurance premiums [1] - Long-term uncertainties remain due to multiple influencing factors in the market [1]