German Insurance Potentially Undervalued Companies

Assurant

Market Cap: €9.9b

Provides protection services to connected devices, homes, and automobiles in North America, Latin America, Europe, and the Asia Pacific.

Assicurazioni Generali

Market Cap: €46.2b

Provides various insurance solutions under the Generali brand in the Americas, Italy, rest of Europe, Africa, the Middle East, Asia, and the Oceania.

SBI Insurance Group

Market Cap: €24.8b

Provides various insurance products in Japan.

Enstar Group

Market Cap: €4.8b

Acquires and manages insurance and reinsurance companies and portfolios in run-off in the United States, the United Kingdom, Europe, and internationally.

Conduit Holdings

Market Cap: €566.7m

Through its subsidiary, provides reinsurance products and services worldwide.

ageas

Market Cap: €9.6b

Engages in insurance business.

Hartford Insurance Group

Market Cap: €33.6b

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

Aflac

Market Cap: €59.2b

Through its subsidiaries, provides supplemental health and life insurance products.

Cincinnati Financial

Market Cap: €20.9b

Provides property casualty insurance products in the United States.

Zavarovalnica Triglav d.d

Market Cap: €1.0b

Provides various life and non-life insurance products in Slovenia and internationally.

Pozavarovalnica Sava d.d

Market Cap: €706.7m

Operates in the insurance and reinsurance business in Slovenia and internationally.

Brighthouse Financial

Market Cap: €2.9b

Provides annuity and life insurance products in the United States.

FBD Holdings

Market Cap: €463.1m

Through its subsidiaries, engages in the underwriting of general insurance to farmers, private individuals, and business owners in Ireland.

NÜRNBERGER Beteiligungs-AG

Market Cap: €455.0m

Operates as an insurance company in Germany.

Storebrand

Market Cap: €52.3b

Provides insurance products and services in Norway, Sweden, the United Kingdom, Finland, Denmark, Germany, Luxemburg, and Ireland.

Primerica

Market Cap: €8.6b

Provides financial products and services to middle-income households in the United States and Canada.

Fidelis Insurance Holdings

Market Cap: €1.8b

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

Panin Financial

Market Cap: €10.8t

Provides Sharia banking and financial services in in Indonesia.

CNA Financial

Market Cap: €13.1b

An insurance holding company, primarily provides commercial property and casualty insurance products in the United States and internationally.

Old Republic International

Market Cap: €9.2b

Through its subsidiaries, provides insurance underwriting and related services primarily in the United States and Canada.

Genworth Financial

Market Cap: €2.8b

Provides mortgage and long-term care insurance products in the United States and internationally.

Prudential Financial

Market Cap: €35.5b

Provides insurance, investment management, and other financial products and services in the United States, Japan and internationally.

Münchener Rückversicherungs-Gesellschaft in München

Market Cap: €77.1b

Engages in the insurance and reinsurance businesses worldwide.

ageas

Market Cap: €8.0b

Engages in insurance business.

UnipolSai Assicurazioni

Market Cap: €7.2b

Operates as an insurance company in Italy.

Discovery

Market Cap: €129.6b

Provides various insurance products and services primarily in South Africa and the United Kingdom.

Aflac

Market Cap: €59.2b

Through its subsidiaries, provides supplemental health and life insurance products.

Talanx

Market Cap: €24.7b

Provides insurance and reinsurance products and services worldwide.

RheinLand Holding

Market Cap: €96.0m

Provides various insurance products and services for private and commercial customers in Germany and internationally.

Paninvest

Market Cap: €4.0t

Provides banking and multi financing products and services in Indonesia.

HCI Group

Market Cap: €1.6b

Engages in the property and casualty insurance, insurance management, reinsurance, real estate, and information technology businesses in the United States.

Everest Group

Market Cap: €16.9b

Through its subsidiaries, provides reinsurance and insurance products in the United States, Europe, and internationally.

Phoenix Group Holdings

Market Cap: €5.7b

Operates in the long-term savings and retirement business in Europe.

Assicurazioni Generali

Market Cap: €46.2b

Provides various insurance solutions under the Generali brand in the Americas, Italy, rest of Europe, Africa, the Middle East, Asia, and the Oceania.

Sun Life Financial

Market Cap: €44.9b

A financial services company, provides asset management, wealth, insurance and health solutions to individual and institutional customers in Canada, the United States, the United Kingdom, Ireland, Hong Kong, the Philippines, Japan, Indonesia, India, China, Australia, Singapore, Vietnam, Malaysia, and Bermuda.

T&D Holdings

Market Cap: €1.4t

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