U.K. Insurance Potentially Undervalued Companies

Sabre Insurance Group

Market Cap: UK£356.8m

Through its subsidiaries, engages in writing of general insurance for motor vehicles in the United Kingdom.

ageas

Market Cap: €11.1b

Engages in insurance business.

MetLife

Market Cap: US$54.3b

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

Münchener Rückversicherungs-Gesellschaft in München

Market Cap: €69.8b

Engages in the insurance and reinsurance businesses worldwide.

Wüstenrot & Württembergische

Market Cap: €1.2b

Provides insurance products and services in Germany.

Talanx

Market Cap: €16.8b

Provides insurance and reinsurance products and services worldwide.

Admiral Group

Market Cap: UK£9.7b

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

Hartford Insurance Group

Market Cap: US$37.4b

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

Aegon

Market Cap: €10.7b

Provides insurance, pensions, retirement, and asset management services in the Americas, the Netherlands, the United Kingdom, and internationally.

UNIQA Insurance Group

Market Cap: €3.9b

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

Travelers Companies

Market Cap: US$62.5b

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.

Hiscox

Market Cap: UK£4.5b

Through its subsidiaries, provides insurance and reinsurance services worldwide.

Swiss Re

Market Cap: CHF 43.4b

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

Chubb

Market Cap: US$111.9b

Provides insurance and reinsurance products worldwide.

Globe Life

Market Cap: US$9.9b

Through its subsidiaries, provides various life and supplemental health insurance products, and annuities to lower middle- and middle-income families in the United States.

Grupo Catalana Occidente

Market Cap: €5.8b

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

Mapfre

Market Cap: €12.2b

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

Hannover Rück

Market Cap: €30.7b

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

Unipol Assicurazioni

Market Cap: €13.0b

Provides insurance products and services primarily in Italy.

Allstate

Market Cap: US$56.1b

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

Swiss Re

Market Cap: CHF 43.4b

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

Sabre Insurance Group

Market Cap: UK£356.8m

Through its subsidiaries, engages in writing of general insurance for motor vehicles in the United Kingdom.

Admiral Group

Market Cap: UK£9.7b

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

COFACE

Market Cap: €2.4b

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

Everest Group

Market Cap: US$14.6b

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

Allianz

Market Cap: €136.3b

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

Assicurazioni Generali

Market Cap: €50.7b

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

Saga

Market Cap: UK£382.2m

Provides package and cruise holidays, general insurance, and personal finance products and services in the United Kingdom.

Zurich Insurance Group

Market Cap: CHF 80.0b

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

Gjensidige Forsikring

Market Cap: NOK 140.5b

Provides general insurance and pension products in Norway, Sweden, Denmark, Finland, Latvia, Lithuania, and Estonia.

Storebrand

Market Cap: NOK 64.2b

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

Assicurazioni Generali

Market Cap: €50.7b

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

Baloise Holding

Market Cap: CHF 8.9b

Primarily engages in the insurance and banking businesses in Switzerland, Germany, Belgium, and Luxembourg.

Phoenix Group Holdings

Market Cap: UK£6.3b

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

Helios Underwriting

Market Cap: UK£146.7m

Provides a limited liability investment for its shareholders in the Lloyd’s insurance market in the United Kingdom.

Gjensidige Forsikring

Market Cap: NOK 140.5b

Provides general insurance and pension products in Norway, Sweden, Denmark, Finland, Latvia, Lithuania, and Estonia.