U.K. Insurance Potentially Undervalued Companies

MetLife

Market Cap: US$50.1b

A financial services company, provides insurance, annuities, employee benefits, and asset management services worldwide.

Unum Group

Market Cap: US$11.8b

Provides financial protection benefit solutions in the United States, the United Kingdom, and Poland.

Swiss Re

Market Cap: CHF 28.1b

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

Brighthouse Financial

Market Cap: US$2.6b

Provides annuity and life insurance products in the United States.

Hannover Rück

Market Cap: €30.9b

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

Old Mutual

Market Cap: UK£53.2b

Provides financial services primarily in South Africa and rest of Africa.

Storebrand

Market Cap: NOK 1.2b

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

ASR Nederland

Market Cap: €12.5b

Provides insurance, pensions, and mortgages products and services for consumers, entrepreneurs, and employers in the Netherlands.

Lincoln National

Market Cap: US$7.2b

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

China Pacific Insurance (Group)

Market Cap: US$342.2b

Provides insurance products to individual and institutional customers in the People’s Republic of China.

Manulife Financial

Market Cap: CA$70.0b

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

Münchener Rückversicherungs-Gesellschaft in München

Market Cap: €71.5b

Engages in the insurance and reinsurance businesses worldwide.

NN Group

Market Cap: €15.9b

A financial services company, provides life and non-life insurance products in the Netherlands and internationally.

SCOR

Market Cap: €5.1b

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

Beazley

Market Cap: UK£5.5b

Provides risk insurance and reinsurance solutions in the United States, the United Kingdom, rest of Europe, and internationally.

SCOR

Market Cap: €5.1b

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

Mapfre

Market Cap: €11.6b

Engages in the investment, insurance, property, financial, and services businesses in Spain.

Old Mutual

Market Cap: UK£53.2b

Provides financial services primarily in South Africa and rest of Africa.

Lancashire Holdings

Market Cap: UK£1.5b

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

Unipol Assicurazioni

Market Cap: €12.9b

Provides insurance products and services primarily in Italy.

AXA

Market Cap: €91.7b

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

Beazley

Market Cap: UK£5.5b

Provides risk insurance and reinsurance solutions in the United States, the United Kingdom, rest of Europe, and internationally.

ageas

Market Cap: €11.7b

Engages in insurance business.

Lancashire Holdings

Market Cap: UK£1.5b

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

UNIQA Insurance Group

Market Cap: €3.9b

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

Allstate

Market Cap: US$54.4b

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

Cathay Financial Holding

Market Cap: US$933.0b

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

Vienna Insurance Group

Market Cap: €6.1b

Engages in providing insurance products and services in Austria and internationally.

Allianz

Market Cap: €138.8b

Provides property-casualty insurance, life/health insurance, and asset management products and services Internationally.

Everest Group

Market Cap: US$13.9b

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

AXA

Market Cap: €91.7b

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

Grupo Catalana Occidente

Market Cap: €5.7b

Provides insurance products and services in Spain, the European Union, and internationally.

Fairfax Financial Holdings

Market Cap: CA$49.2b

Through its subsidiaries, provides property and casualty insurance and reinsurance, and investment management services in the United States, Canada, the Middle East, Asia, and internationally.

Assicurazioni Generali

Market Cap: €50.8b

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

Hansard Global

Market Cap: UK£68.8m

Operates as a specialist long-term savings provider that offers savings and investment products for investors, institutions, and wealth-management groups in the Isle of Man, Republic of Ireland, and The Bahamas.

Zurich Insurance Group

Market Cap: CHF 81.6b

Provides insurance products and related services in Europe, the Middle East, Africa, North America, Latin America, and the Asia Pacific.