French Insurance Healthy potentially undervalued

COFACE

Market Cap: €2.2b

Through its subsidiaries, provides credit insurance products and related services for microenterprises, small and medium enterprises, mid-market companies, international corporations, financial institutions, and clients of distribution partners.

SCOR

Market Cap: €5.6b

Provides life and non-life reinsurance products in Europe, the Middle East, Africa, the Americas, Latin America, and the Asia Pacific.

AXA

Market Cap: €77.0b

Through its subsidiaries, insurance, asset management, and banking services worldwide.