Global Insurance Potentially Undervalued Companies

MetLife

Market Cap: €52.0b

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

AIA Group

Market Cap: US$745.9b

Provides life insurance based financial services in Hong Kong.

Mapfre

Market Cap: €10.5b

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

China Pacific Insurance (Group)

Market Cap: US$331.4b

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

Lancashire Holdings

Market Cap: €1.5b

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

Thai Life Insurance

Market Cap: €117.9b

Provides life insurance products and services in Thailand.

Hamilton Insurance Group

Market Cap: €2.2b

Through its subsidiaries, operates as specialty insurance and reinsurance company in Bermuda and internationally.

Prudential

Market Cap: €23.6b

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

Old Mutual

Market Cap: €53.5b

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

Vienna Insurance Group

Market Cap: €5.7b

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

Sabre Insurance Group

Market Cap: €367.5m

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

Assicurazioni Generali

Market Cap: €48.4b

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

Tokio Marine Holdings

Market Cap: €11.7t

Engages in the non-life and life insurance, and financial and general businesses in Japan and internationally.

Fairfax Financial Holdings

Market Cap: €52.1b

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.

Caixa Seguridade Participações

Market Cap: R$41.2b

Provides various life and non-life insurance products in Brazil.

SCOR

Market Cap: €5.3b

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

AXA

Market Cap: €91.4b

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

Prudential

Market Cap: UK£23.6b

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

TQM Alpha

Market Cap: ฿9.0b

Engages in the insurance brokerage business in Thailand.

NobleOak Life

Market Cap: AU$133.6m

Engages in underwriting life insurance products in Australia.

People's Insurance Company (Group) of China

Market Cap: CN¥377.9b

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

Japan Post Insurance

Market Cap: JP¥1.4t

Provides life insurance products and services in Japan.

Talanx

Market Cap: CHF 21.7b

Provides insurance and reinsurance products and services worldwide.

China Life Insurance

Market Cap: HK$1.1t

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

China Pacific Insurance (Group)

Market Cap: HK$331.5b

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

Universal Insurance Holdings

Market Cap: US$721.6m

Operates as an integrated insurance holding company in the United States.

AXA

Market Cap: US$91.4b

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

SCOR

Market Cap: €5.3b

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£5.6b

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

Old Republic International

Market Cap: US$9.0b

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

Brighthouse Financial

Market Cap: US$2.9b

Provides annuity and life insurance products in the United States.

PICC Property and Casualty

Market Cap: €351.9b

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

Ping An Insurance (Group) Company of China

Market Cap: US$987.1b

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

ASR Nederland

Market Cap: €12.1b

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

BB Seguridade Participações

Market Cap: US$65.4b

Through its subsidiaries operates in the insurance, pension plans, and bonds, businesses in Brazil.

Conduit Holdings

Market Cap: UK£603.2m

Through its subsidiary, provides reinsurance products and services worldwide.