Investors Holding Back On SiriusPoint Ltd. (NYSE:SPNT)
May 08
U.S. Reinsurance Industry Analysis
UpdatedMay 09, 2024
DataAggregated Company Financials
Companies10
- 7D4.8%
- 3M9.6%
- 1Y15.6%
- YTDn/a
In the last week, the Reinsurance industry is up 5.1%, with all of the companies up. This takes the industry's 12 month performance to a gain of 15%. As for the next few years, earnings are expected to grow by 6.6% per annum.
Industry Valuation and Performance
Has the U.S. Reinsurance Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Thu, 09 May 2024 | US$55.2b | US$57.2b | US$7.9b | 5.7x | 7x | 1x |
| Sat, 06 Apr 2024 | US$53.8b | US$54.0b | US$8.1b | 5.9x | 6.6x | 1x |
| Mon, 04 Mar 2024 | US$52.6b | US$54.0b | US$8.2b | 6.1x | 6.4x | 1x |
| Wed, 31 Jan 2024 | US$63.1b | US$63.3b | US$6.6b | 9x | 9.5x | 1x |
| Fri, 29 Dec 2023 | US$59.3b | US$63.3b | US$6.6b | 9x | 9x | 0.9x |
| Sun, 26 Nov 2023 | US$62.0b | US$63.3b | US$6.6b | 8.5x | 9.4x | 1x |
| Tue, 24 Oct 2023 | US$56.5b | US$60.0b | US$3.7b | 14.7x | 15.5x | 0.9x |
| Thu, 21 Sep 2023 | US$56.7b | US$60.0b | US$3.7b | 14.2x | 15.5x | 0.9x |
| Sat, 19 Aug 2023 | US$52.7b | US$60.0b | US$3.7b | 13.6x | 14.4x | 0.9x |
| Mon, 17 Jul 2023 | US$49.8b | US$56.7b | US$1.8b | 11.7x | 27.7x | 0.9x |
| Wed, 14 Jun 2023 | US$49.7b | US$56.7b | US$1.8b | 11.8x | 27.7x | 0.9x |
| Fri, 12 May 2023 | US$49.7b | US$56.7b | US$1.8b | 14.1x | 27.7x | 0.9x |
| Sun, 09 Apr 2023 | US$46.8b | US$53.3b | US$633.7m | 13.6x | 73.8x | 0.9x |
| Tue, 07 Mar 2023 | US$48.6b | US$53.4b | US$606.3m | 18.9x | 80.1x | 0.9x |
| Thu, 02 Feb 2023 | US$48.3b | US$56.1b | US$206.9m | 20.2x | 233.6x | 0.9x |
| Sat, 31 Dec 2022 | US$45.1b | US$55.5b | -US$31,329,482.00 | 17.8x | -1441x | 0.8x |
| Mon, 28 Nov 2022 | US$45.9b | US$55.5b | -US$32,641,348.00 | 17.6x | -1405.6x | 0.8x |
| Wed, 26 Oct 2022 | US$41.6b | US$56.1b | US$130.9m | 14.5x | 318.1x | 0.7x |
| Fri, 23 Sep 2022 | US$39.3b | US$56.1b | US$128.2m | 13.6x | 306.8x | 0.7x |
| Sun, 21 Aug 2022 | US$40.8b | US$56.1b | US$128.2m | 14.5x | 318.3x | 0.7x |
| Tue, 19 Jul 2022 | US$41.5b | US$56.6b | US$2.3b | 12.1x | 18.4x | 0.7x |
| Thu, 16 Jun 2022 | US$43.1b | US$56.6b | US$2.3b | 12x | 19.1x | 0.8x |
| Sat, 14 May 2022 | US$43.8b | US$56.6b | US$2.3b | 12.1x | 19.4x | 0.8x |
| Mon, 11 Apr 2022 | US$48.3b | US$56.7b | US$3.5b | 10.9x | 13.8x | 0.9x |
| Wed, 09 Mar 2022 | US$39.5b | US$56.7b | US$3.6b | 7.8x | 11.1x | 0.7x |
| Fri, 04 Feb 2022 | US$43.2b | US$51.5b | US$3.8b | 7x | 11.3x | 0.8x |
| Sun, 02 Jan 2022 | US$43.1b | US$51.4b | US$3.8b | 7.5x | 11.4x | 0.8x |
| Tue, 30 Nov 2021 | US$40.8b | US$51.4b | US$3.8b | 6.6x | 10.7x | 0.8x |
| Thu, 28 Oct 2021 | US$42.9b | US$48.7b | US$5.5b | 8.4x | 7.8x | 0.9x |
| Sat, 25 Sep 2021 | US$40.8b | US$48.4b | US$6.0b | 8.4x | 6.8x | 0.8x |
| Mon, 23 Aug 2021 | US$72.4b | US$58.1b | US$7.5b | 9.6x | 9.6x | 1.2x |
| Sat, 10 Jul 2021 | US$72.2b | US$58.1b | US$7.5b | 9.4x | 9.6x | 1.2x |
Price to Earnings Ratio
11x
Current Industry PE
- Investors are pessimistic on the American Reinsurance industry, indicating that they anticipate long term growth rates will be lower than they have historically.
- The industry is trading at a PE ratio of 7.0x which is higher than its 3-year average PE of -73.9x.
- The industry is trading close to its 3-year average PS ratio of 0.90x.
Past Earnings Growth
- The earnings for companies in the Reinsurance industry have grown 3.7% per year over the last three years, while revenues have remained mostly flat.
- This means that companies overall are more efficiently conducting business since profits are increasing while sales have been flat.
Industry Comparison
How does U.S. Reinsurance compare with similar industries?
| US Market | 3.30% | |
| Financials | 2.80% | |
| Insurance | 2.36% | |
| Reinsurance | 4.78% | |
| General Insurance | 4.70% | |
| Life and Health Insurance | 2.39% | |
| Property and Casualty Insurance | 2.06% | |
| Insurance Brokers | 1.95% | |
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| RGA Reinsurance Group of America | US$207.59 | 8.7% +US$1.1b | 40.8% | PE15.9x | |
| EG Everest Group | US$380.97 | 3.0% +US$502.6m | -1.3% | PE5.8x | |
| RNR RenaissanceRe Holdings | US$226.61 | 3.8% +US$438.4m | 7.7% | PE5.2x | |
| BNRE Brookfield Reinsurance | US$43.61 | 6.0% +US$359.4m | 37.8% | PE8x | |
| ESGR Enstar Group | US$301.36 | 2.9% +US$125.7m | 17.1% | PE5.7x |