Global Insurance Healthy potentially undervalued

Allianz Malaysia Berhad

Market Cap: RM 3.8b

Engages in the general and life insurance businesses in Malaysia.

Prudential

Market Cap: UK£25.7b

Through its subsidiaries, provides life and health insurance, and asset management solutions to individuals in Asia and Africa.

Life Insurance Corporation of India

Market Cap: ₹5.5t

Provides life insurance products in India, Fiji, Mauritius, and the United Kingdom.

Hanwha General Insurance

Market Cap: ₩668.3b

Provides insurance services in South Korea.

Ping An Insurance (Group) Company of China

Market Cap: CN¥862.9b

Ping An Insurance (Group) Company of China, Ltd.

American Integrity Insurance Group

Market Cap: US$366.9m

Operates as an insurance company in the United States.

DB Insurance

Market Cap: ₩8.5t

Provides various insurance products and services in South Korea.

People's Insurance Company (Group) of China

Market Cap: HK$335.7b

An investment holding company, offers insurance products and services in the People’s Republic of China and Hong Kong.

China Reinsurance (Group)

Market Cap: HK$47.2b

Operates as a reinsurance company in the People's Republic of China and internationally.

Türkiye Sigorta

Market Cap: ₺120.4b

Operates as a non-life insurance company in Turkey.

Hamilton Insurance Group

Market Cap: US$3.4b

Through its subsidiaries, operates as specialty insurance and reinsurance company in Bermuda and internationally.

Pelagos Insurance Capital

Market Cap: US$2.1b

Provides insurance and reinsurance solutions in Bermuda, the Republic of Ireland, and the United Kingdom.

Hartford Insurance Group

Market Cap: US$37.7b

Provides insurance and financial services to individual and business customers in the United States, the United Kingdom, and internationally.

Münchener Rückversicherungs-Gesellschaft in München

Market Cap: €64.5b

Engages in the insurance and reinsurance businesses worldwide.

Fairfax Financial Holdings

Market Cap: CA$56.2b

Through its subsidiaries, provides property and casualty insurance and reinsurance, and investment management services in Canada, the United States, the Middle East and Asia, and internationally.

Swiss Re

Market Cap: CHF 39.1b

Provides reinsurance, insurance, other insurance-based forms of risk transfer, and other insurance-related services worldwide.

Slide Insurance Holdings

Market Cap: US$2.4b

Provides property and casualty insurance services in the United States.

Waterdrop

Market Cap: US$456.3m

Through its subsidiaries, provides online insurance brokerage services to match and connect users with related insurance products underwritten by insurance companies in the People’s Republic of China.

China Pacific Insurance (Group)

Market Cap: CN¥268.5b

Provides insurance products to in the People’s Republic of China.

Allstate

Market Cap: US$63.9b

Provides property and casualty, and other insurance products in the United States and Canada.

AXIS Capital Holdings

Market Cap: US$8.3b

Through its subsidiaries, provides various specialty insurance and reinsurance products in Bermuda, the United States, and internationally.

Sabre Insurance Group

Market Cap: UK£442.7m

Through its subsidiaries, writes general insurance for motor vehicles in the United Kingdom.

Fubon Financial Holding

Market Cap: NT$1.7t

Provides various financial products and services in Taiwan, Asia, and internationally.

Conduit Holdings

Market Cap: UK£623.8m

Through its subsidiary, provides reinsurance products and services in the United States, Europe, and worldwide.

Japan Post Insurance

Market Cap: JP¥1.8t

Engages in the provision of life insurance products and services in Japan.

MS&AD Insurance Group Holdings

Market Cap: JP¥6.6t

An insurance holding company, engages in the provision of insurance and financial services worldwide.

SiriusPoint

Market Cap: US$2.9b

Provides multi-line reinsurance and insurance products and services worldwide.

China Life Insurance

Market Cap: HK$1.1t

Operates as a life insurance company in the People’s Republic of China.

Everest Group

Market Cap: US$14.8b

Together with subsidiaries, provides reinsurance and insurance products in the United States, Europe, and internationally.

Arch Capital Group

Market Cap: US$35.4b

Provides insurance, reinsurance, and mortgage insurance products in the United States, Canada, Bermuda, the United Kingdom, Europe, and Australia.

Beazley

Market Cap: UK£7.6b

Through its subsidiaries, provides risk insurance and reinsurance solutions in the United States, the United Kingdom, and rest of Europe.

New China Life Insurance

Market Cap: CN¥175.0b

Provides life insurance products and services to individuals and institutions in China.

Sompo Holdings

Market Cap: JP¥5.9t

Provides property and casualty (P&C) insurance products and services in Japan and internationally.

PICC Property and Casualty

Market Cap: HK$326.1b

Engages in property and casualty insurance business in People’s Republic of China.

Thai Life Insurance

Market Cap: ฿136.3b

Provides life insurance products in Thailand.

Lancashire Holdings

Market Cap: UK£1.6b

Provides specialty insurance and reinsurance products in London, Bermuda, and Australia.