Global Insurance Healthy potentially undervalued

Allianz Malaysia Berhad

Market Cap: RM 3.9b

Engages in the general and life insurance businesses in Malaysia.

Prudential

Market Cap: UK£26.7b

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

Ping An Insurance (Group) Company of China

Market Cap: CN¥893.2b

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

Life Insurance Corporation of India

Market Cap: ₹5.6t

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

Hanwha General Insurance

Market Cap: ₩682.2b

Provides insurance services in South Korea.

American Integrity Insurance Group

Market Cap: US$366.0m

Operates as an insurance company in the United States.

DB Insurance

Market Cap: ₩9.2t

Provides various insurance products and services in South Korea.

China Reinsurance (Group)

Market Cap: HK$48.9b

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

People's Insurance Company (Group) of China

Market Cap: HK$349.6b

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

China Pacific Insurance (Group)

Market Cap: CN¥283.4b

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

Pelagos Insurance Capital

Market Cap: US$2.2b

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

Hartford Insurance Group

Market Cap: US$37.9b

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

Hamilton Insurance Group

Market Cap: US$3.5b

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

Fairfax Financial Holdings

Market Cap: CA$53.1b

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 39.5b

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

Münchener Rückversicherungs-Gesellschaft in München

Market Cap: €64.0b

Engages in the insurance and reinsurance businesses worldwide.

Allstate

Market Cap: US$64.4b

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.

Mapfre

Market Cap: €13.5b

Engages in insurance, reinsurance, and financial activities in Spain.

Conduit Holdings

Market Cap: UK£640.8m

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

SiriusPoint

Market Cap: US$2.9b

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

Hanover Insurance Group

Market Cap: US$7.5b

Through its subsidiaries, provides various property and casualty insurance products and services for individuals and businesses in the United States.

Sabre Insurance Group

Market Cap: UK£449.5m

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

Japan Post Insurance

Market Cap: JP¥1.8t

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

Fubon Financial Holding

Market Cap: NT$1.8t

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

China Life Insurance

Market Cap: HK$1.2t

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

New China Life Insurance

Market Cap: CN¥178.7b

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

Everest Group

Market Cap: US$14.7b

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

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.

Arch Capital Group

Market Cap: US$35.3b

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

Sompo Holdings

Market Cap: JP¥5.9t

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

Thai Life Insurance

Market Cap: ฿132.8b

Provides life insurance products in Thailand.

Sunshine Insurance Group

Market Cap: HK$41.4b

Provides various insurance products and related services in the People’s Republic of China.

PICC Property and Casualty

Market Cap: HK$317.4b

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

Hannover Rück

Market Cap: €30.3b

Provides reinsurance products and services in Germany, the United Kingdom, France, Europe, the United States, Asia, Australia, Africa, and internationally.

Trisura Group

Market Cap: CA$2.1b

A specialty insurance company, operates in the surety, warranty, corporate insurance, and program and fronting businesses in Canada and the United States.