Global Insurance Healthy potentially undervalued

Hyundai Marine & Fire Insurance

Market Cap: ₩2.1t

Hyundai Marine & Fire Insurance Co., Ltd.

Lincoln National

Market Cap: US$7.2b

Through its subsidiaries, operates multiple insurance and retirement businesses in the United States.

Assured Guaranty

Market Cap: US$3.8b

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

RenaissanceRe Holdings

Market Cap: US$11.9b

Provides reinsurance and insurance products in the United States and internationally.

Manulife Financial

Market Cap: CA$75.2b

Provides financial products and services in the United States, Canada, Asia, and internationally.

China Taiping Insurance Holdings

Market Cap: HK$58.9b

An investment holding company, underwrites various insurance and reinsurance products in the People’s Republic of China, Hong Kong, Macau, Singapore, and internationally.

People's Insurance Company (Group) of China

Market Cap: HK$391.8b

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

Travelers Companies

Market Cap: US$58.3b

Through its subsidiaries, provides a range of commercial and personal property, and casualty insurance products and services to businesses, government units, associations, and individuals in the United States and internationally.

Skyward Specialty Insurance Group

Market Cap: US$1.8b

An insurance holding company, underwrites commercial property and casualty insurance products in the United States.

UNIQA Insurance Group

Market Cap: €3.8b

Operates as an insurance company in Austria and Central and Eastern Europe.

Swiss Re

Market Cap: CHF 43.4b

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

Quálitas Controladora. de

Market Cap: Mex$64.1b

Through its subsidiaries, provides insurance, coinsurance, and reinsurance services in the personal accident, health, and automobile areas in Mexico, El Salvador, Costa Rica, Peru, and the United States.

Hiscox

Market Cap: UK£4.4b

Through its subsidiaries, provides insurance and reinsurance services worldwide.

Fubon Financial Holding

Market Cap: NT$1.3t

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

nib holdings

Market Cap: AU$3.5b

Engages in the underwriting and distribution of private health, life, and living insurance to residents, international students, and visitors in Australia and New Zealand.

TQM Alpha

Market Cap: ฿7.6b

Engages in the insurance brokerage business in Thailand.

T&D Holdings

Market Cap: JP¥1.7t

Through its subsidiaries, provides insurance products and services in Japan.

Reinsurance Group of America

Market Cap: US$12.4b

Provides reinsurance and financial solutions.

ageas

Market Cap: €10.9b

Engages in insurance business.

American International Group

Market Cap: US$42.7b

Offers insurance products for commercial, institutional, and individual customers in North America and internationally.

New China Life Insurance

Market Cap: CN¥186.1b

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

Sompo Holdings

Market Cap: JP¥4.1t

Provides property and casualty insurance services in Japan and internationally.

Power Corporation of Canada

Market Cap: CA$39.2b

An international management and holding company, provides financial services in North America, Europe, and Asia.

TWFG

Market Cap: US$1.4b

Operates an independent distribution platform for personal and commercial insurance products in the United States.

Admiral Group

Market Cap: UK£9.9b

A financial services company, provides insurance and personal lending products in the United Kingdom, France, Italy, Spain, and the United States.

PICC Property and Casualty

Market Cap: HK$415.1b

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

Insurance Australia Group

Market Cap: AU$18.3b

Insurance Australia Group Limited underwrites general insurance products and provides investment management services in Australia and New Zealand.

Suncorp Group

Market Cap: AU$21.1b

Provides insurance products to retail, corporate, and commercial customers in Australia and New Zealand.

Thai Life Insurance

Market Cap: ฿116.8b

Provides life insurance products and services in Thailand.

Aon

Market Cap: US$74.0b

A professional services firm, provides a range of risk and human capital solutions worldwide.

Hannover Rück

Market Cap: €30.2b

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

Bowhead Specialty Holdings

Market Cap: US$821.8m

Provides commercial specialty property and casualty insurance products in the United States.

Trisura Group

Market Cap: CA$1.7b

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

American Integrity Insurance Group

Market Cap: US$452.1m

Operates as an insurance company.

Cathay Financial Holding

Market Cap: NT$956.4b

Through its subsidiaries, provides various financial products and services in Taiwan, rest of Asia, and internationally.

Selective Insurance Group

Market Cap: US$4.9b

Provides insurance products and services in the United States.