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£26.0b

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: ₹5.6t

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

Ping An Insurance (Group) Company of China

Market Cap: CN¥871.0b

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

Hanwha General Insurance

Market Cap: ₩683.3b

Provides insurance services in South Korea.

American Integrity Insurance Group

Market Cap: US$372.6m

Operates as an insurance company in the United States.

DB Insurance

Market Cap: ₩9.0t

Provides various insurance products and services in South Korea.

China Reinsurance (Group)

Market Cap: HK$48.4b

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

People's Insurance Company (Group) of China

Market Cap: HK$333.0b

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

Pelagos Insurance Capital

Market Cap: US$2.1b

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

Fairfax Financial Holdings

Market Cap: CA$54.2b

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.

China Pacific Insurance (Group)

Market Cap: CN¥268.3b

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

Türkiye Sigorta

Market Cap: ₺127.0b

Operates as a non-life insurance company in Turkey.

Swiss Re

Market Cap: CHF 39.0b

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

Münchener Rückversicherungs-Gesellschaft in München

Market Cap: €63.9b

Engages in the insurance and reinsurance businesses worldwide.

Hamilton Insurance Group

Market Cap: US$3.4b

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

Hartford Insurance Group

Market Cap: US$38.0b

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

SiriusPoint

Market Cap: US$2.9b

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

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.

Japan Post Insurance

Market Cap: JP¥1.7t

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.

Sabre Insurance Group

Market Cap: UK£445.1m

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

Conduit Holdings

Market Cap: UK£637.1m

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

Allstate

Market Cap: US$64.8b

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

China Life Insurance

Market Cap: HK$1.1t

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

New China Life Insurance

Market Cap: CN¥168.1b

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

Sompo Holdings

Market Cap: JP¥5.8t

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

Everest Group

Market Cap: US$14.7b

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

Arch Capital Group

Market Cap: US$35.2b

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

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.

PICC Property and Casualty

Market Cap: HK$310.5b

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

Sunshine Insurance Group

Market Cap: HK$41.1b

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

Thai Life Insurance

Market Cap: ฿136.3b

Provides life insurance products in Thailand.

Hannover Rück

Market Cap: €30.1b

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

Lancashire Holdings

Market Cap: UK£1.6b

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