Global Insurance Healthy potentially undervalued

Santam

Market Cap: R41.3b

Provides various general insurance products and services to individuals, commercial, and corporate markets in South Africa, rest of Africa, and internationally.

Slide Insurance Holdings

Market Cap: US$2.0b

Provides property and casualty insurance services in the United States.

Prudential

Market Cap: UK£23.2b

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

AXIS Capital Holdings

Market Cap: US$7.4b

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

Hanwha General Insurance

Market Cap: ₩722.6b

Provides insurance services in South Korea.

Ping An Insurance (Group) Company of China

Market Cap: CN¥927.2b

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

Life Insurance Corporation of India

Market Cap: ₹5.0t

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

China Life Insurance

Market Cap: HK$1.0t

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

American Integrity Insurance Group

Market Cap: US$328.1m

Operates as an insurance company in the United States.

Hannover Rück

Market Cap: €27.8b

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

Assured Guaranty

Market Cap: US$3.3b

Provides credit protection products to public finance and structured finance markets in the United States and internationally.

DB Insurance

Market Cap: ₩7.9t

Provides various insurance products and services in South Korea.

People's Insurance Company (Group) of China

Market Cap: HK$322.2b

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$52.7b

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

Pelagos Insurance Capital

Market Cap: US$1.9b

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

China Pacific Insurance (Group)

Market Cap: CN¥296.4b

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

Münchener Rückversicherungs-Gesellschaft in München

Market Cap: €58.4b

Engages in the insurance and reinsurance businesses worldwide.

Swiss Re

Market Cap: CHF 35.4b

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

Hamilton Insurance Group

Market Cap: US$3.1b

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

Fairfax Financial Holdings

Market Cap: CA$52.5b

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.

Allstate

Market Cap: US$55.9b

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

SiriusPoint

Market Cap: US$2.6b

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

MS&AD Insurance Group Holdings

Market Cap: JP¥6.6t

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

Japan Post Insurance

Market Cap: JP¥1.7t

Provides life insurance products and services in Japan.

Allianz Malaysia Berhad

Market Cap: RM 3.8b

Engages in the general and life insurance businesses in Malaysia.

Sabre Insurance Group

Market Cap: UK£390.4m

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

Conduit Holdings

Market Cap: UK£659.4m

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

COFACE

Market Cap: €2.2b

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

Mapfre

Market Cap: €12.2b

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

Reinsurance Group of America

Market Cap: US$13.5b

Provides life and health, and asset-intensive reinsurance in the United States, Latin America, Canada, Europe, the Middle East, Africa, Asia, and Australia.

Arch Capital Group

Market Cap: US$31.5b

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

Sompo Holdings

Market Cap: JP¥5.5t

Provides property and casualty insurance services in Japan and internationally.

New China Life Insurance

Market Cap: CN¥167.3b

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

Everest Group

Market Cap: US$13.3b

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

Trisura Group

Market Cap: CA$2.0b

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

Thai Life Insurance

Market Cap: ฿129.4b

Provides life insurance products in Thailand.