German Insurance Potentially Undervalued Companies

American Integrity Insurance Group

Market Cap: €351.9m

Operates as an insurance company in the United States.

China Life Insurance

Market Cap: €1.1t

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

Prudential

Market Cap: €25.0b

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

Prudential

Market Cap: €25.0b

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

Reinsurance Group of America

Market Cap: €13.9b

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

PICC Property and Casualty

Market Cap: €324.3b

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

China Reinsurance (Group)

Market Cap: €48.9b

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

ZhongAn Online P & C Insurance

Market Cap: €16.0b

An Internet-based Insurtech company, provides internet insurance and insurance information technology services in the People’s Republic of China.

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.

People's Insurance Company (Group) of China

Market Cap: €325.8b

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

Ategrity Specialty Insurance Company Holdings

Market Cap: €1.0b

Through its subsidiaries, provides excess and surplus lines insurance and reinsurance products to small and medium-sized businesses in the United States.

Slide Insurance Holdings

Market Cap: €2.0b

Provides property and casualty insurance services in the United States.

China Life Insurance

Market Cap: €824.2b

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

Beazley

Market Cap: €7.6b

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

Hanover Insurance Group

Market Cap: €7.3b

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

Santam

Market Cap: €42.5b

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

Münchener Rückversicherungs-Gesellschaft in München

Market Cap: €60.9b

Engages in the insurance and reinsurance businesses worldwide.

Mapfre

Market Cap: €13.1b

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

Mapfre

Market Cap: €13.1b

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

Bangkok Life Assurance

Market Cap: €41.5b

Provides life insurance services in Thailand.

Swiss Re

Market Cap: €37.2b

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

Powszechny Zaklad Ubezpieczen

Market Cap: €56.9b

Provides life and non-life insurance products and services in Poland, the Baltic States, and Ukraine.

Ping An Insurance (Group) Company of China

Market Cap: €865.3b

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

Prudential

Market Cap: €25.0b

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

AXA

Market Cap: €88.0b

Through its subsidiaries, insurance, asset management, and banking services worldwide.

Unipol Assicurazioni

Market Cap: €17.2b

Provides insurance products and services primarily in Italy.

Hannover Rück

Market Cap: €28.7b

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

Sabre Insurance Group

Market Cap: €406.0m

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

Unipol Assicurazioni

Market Cap: €17.2b

Provides insurance products and services primarily in Italy.

SCOR

Market Cap: €5.6b

Provides life and non-life reinsurance products in Europe, the Middle East, Africa, the Americas, Latin America, and the Asia Pacific.

Old Mutual

Market Cap: €55.9b

Provides financial solutions to retail and corporate customers in South Africa and rest of Africa.

Talanx

Market Cap: €27.6b

Provides insurance and reinsurance products and services worldwide.

Lancashire Holdings

Market Cap: €1.6b

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

ageas

Market Cap: €13.1b

Engages in insurance business.

Powszechny Zaklad Ubezpieczen

Market Cap: €56.9b

Provides life and non-life insurance products and services in Poland, the Baltic States, and Ukraine.

Fairfax Financial Holdings

Market Cap: €51.8b

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.