Global Insurance Potentially Undervalued Companies

Suncorp Group

Market Cap: US$20.4b

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

Guardian Holdings

Market Cap: JA$3.3b

Guardian Holdings Limited, together with its subsidiaries, underwrites insurance products in Trinidad and Tobago, Jamaica, Barbados, Dutch Caribbean, Martinique, Grenada, curacao, the Netherlands, Aruba, Cayman Islands, Bermuda, Bahamas, and internationally.

Hannover Rück

Market Cap: €30.8b

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

Tower

Market Cap: AU$638.9m

Provides general insurance products in New Zealand and the Pacific Islands.

BKI Holdings

Market Cap: ฿32.0b

Engages in the provision of non-life insurance in Thailand.

Charan Insurance

Market Cap: ฿136.8m

Provides non-life insurance products in Thailand.

Prudential Financial

Market Cap: €35.9b

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

Grupo Nacional Provincial

Market Cap: Mex$26.8b

Provides various insurance products in Mexico.

Sun Life Financial

Market Cap: CA$46.1b

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.

Zavarovalnica Triglav d.d

Market Cap: €1.3b

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

Bank for Investment and Development of Vietnam Insurance

Market Cap: ₫4.9t

Engages in non-life insurance, reinsurance, financial investment, and other activities in Vietnam.

Cathay Financial Holding

Market Cap: NT$941.8b

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

Kompanija Dunav Osiguranje a.d.o

Market Cap: дин24.9b

Provides various insurance, reinsurance, co-insurance, and other insurance products and services in Serbia.

Thai Life Insurance

Market Cap: ฿114.5b

Provides life insurance products and services in Thailand.

Münchener Rückversicherungs-Gesellschaft in München

Market Cap: CHF 69.8b

Engages in the insurance and reinsurance businesses worldwide.

Travelers Companies

Market Cap: Mex$64.1b

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.

Allianz - Slovenská poistovna

Market Cap: €1.7b

Provides various insurance products and services in Slovakia.

Prudential

Market Cap: HK$27.1b

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

Wüstenrot & Württembergische

Market Cap: €1.3b

Provides insurance products and services in Germany.

NN Group

Market Cap: €15.9b

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

Zurich Insurance Group

Market Cap: US$79.4b

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

Marsh & McLennan Companies

Market Cap: €88.6b

A professional services company, provides advisory services and insurance solutions to clients in the areas of risk, strategy, and people worldwide.

Zurich Insurance Group

Market Cap: CHF 79.4b

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 136.4b

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

Aksigorta

Market Cap: ₺11.0b

Provides various life and non-life insurance products and services to retail and corporate customers in Turkey.

Phoenix Group Holdings

Market Cap: UK£6.6b

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

Prudential Financial

Market Cap: €36.2b

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

NN Group

Market Cap: €15.9b

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

Travelers Companies

Market Cap: US$64.0b

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.

Huize Holding

Market Cap: US$30.4m

Offers online insurance product and service platform through various internet channels in Mainland China, Hong Kong, and internationally.

Arthur J. Gallagher

Market Cap: €66.6b

Provides insurance and reinsurance brokerage, consulting, and third-party property/casualty claims settlement and administration services to entities and individuals worldwide.

MetLife

Market Cap: €49.8b

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

Progressive

Market Cap: US$132.1b

Operates as an insurance company in the United States.

Oscar Health

Market Cap: US$3.8b

Operates as a healthcare technology company in the United States.

Ategrity Specialty Insurance Company Holdings

Market Cap: €897.9m

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

AIA Group

Market Cap: €823.7b

Provides life insurance based financial services in Hong Kong.