Global Insurance Potentially Undervalued Companies

Manulife Financial

Market Cap: US$74.8b

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

Powszechny Zaklad Ubezpieczen

Market Cap: €53.6b

Provides life and non-life insurance products and services in Poland, the Baltic States, and Ukraine.

Lancashire Holdings

Market Cap: €1.5b

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

Great-West Lifeco

Market Cap: US$50.7b

Engages in the life and health insurance, retirement savings, wealth and asset management, and reinsurance businesses in Canada, the United States, and Europe.

Prudential

Market Cap: €26.3b

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

Hanover Insurance Group

Market Cap: US$6.5b

Through its subsidiaries, provides various property and casualty insurance products and services in the United States.

Fubon Financial Holding

Market Cap: NT$1.2t

Provides various financial services in Taiwan, Asia, and internationally.

AXA

Market Cap: €84.3b

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

Lincoln National

Market Cap: US$8.0b

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

TQM Alpha

Market Cap: ฿8.4b

Engages in the insurance brokerage business in Thailand.

TQM Alpha

Market Cap: ฿8.4b

Engages in the insurance brokerage business in Thailand.

Unum Group

Market Cap: €12.8b

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

China Life Insurance

Market Cap: CN¥1.0t

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

People's Insurance Company (Group) of China

Market Cap: CN¥372.2b

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

MS&AD Insurance Group Holdings

Market Cap: JP¥5.4t

An insurance holding company, engages in the provision of insurance and financial services worldwide.

Japan Post Insurance

Market Cap: JP¥1.6t

Provides life insurance products and services in Japan.

QBE Insurance Group

Market Cap: AU$31.1b

Engages in underwriting general insurance and reinsurance risks in the Australia Pacific, North America, and internationally.

China Life Insurance

Market Cap: HK$1.0t

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

Talanx

Market Cap: CHF 21.7b

Provides insurance and reinsurance products and services worldwide.

China Pacific Insurance (Group)

Market Cap: HK$336.6b

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

Power Corporation of Canada

Market Cap: US$37.6b

An international management and holding company, provides financial services in North America, Europe, and Asia.

UNIQA Insurance Group

Market Cap: €3.8b

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

Brighthouse Financial

Market Cap: US$2.8b

Provides annuity and life insurance products in the United States.

AXA

Market Cap: US$84.3b

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

Old Republic International

Market Cap: US$9.8b

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

Ping An Insurance (Group) Company of China

Market Cap: US$994.9b

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

Aegon

Market Cap: US$10.6b

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

Lincoln National

Market Cap: €8.0b

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

Grupo Catalana Occidente

Market Cap: €5.8b

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

Power Corporation of Canada

Market Cap: CA$37.6b

An international management and holding company, provides financial services in North America, Europe, and Asia.

PICC Property and Casualty

Market Cap: €411.5b

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

Sompo Holdings

Market Cap: €4.3t

Provides property and casualty insurance services in Japan and internationally.

PICC Property and Casualty

Market Cap: US$411.5b

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

SCOR

Market Cap: €5.0b

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

BB Seguridade Participações

Market Cap: US$62.3b

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

Grupo Catalana Occidente

Market Cap: €5.8b

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