Global Insurance Potentially Undervalued Companies

Slide Insurance Holdings

Market Cap: US$1.7b

Engages in underwriting single family and condominium policies in the property and casualty industry in the United States.

La Positiva Seguros y Reaseguros

Market Cap: S/417.4m

Provides insurance and reinsurance products and services to individuals and business customers in Peru.

Talanx

Market Cap: €28.4b

Provides insurance and reinsurance products and services worldwide.

Tong Yang Life Insurance

Market Cap: ₩1.2t

Engages in the life insurance business in South Korea.

Fairfax Financial Holdings

Market Cap: CA$58.2b

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.

Waterdrop

Market Cap: US$687.2m

Through its subsidiaries, provides online insurance brokerage services to match and connect users with related insurance products underwritten by insurance companies in the People’s Republic of China.

ASR Nederland

Market Cap: €11.8b

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

Mapfre

Market Cap: €11.7b

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

NN Group

Market Cap: €15.2b

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

New China Life Insurance

Market Cap: HK$169.6b

Provides life insurance products and services to individuals and institutions in China.

Bangkok Union Insurance

Market Cap: ฿660.0m

Provides non-life insurance products in Thailand.

Prudential

Market Cap: US$25.6b

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

Allianz

Market Cap: CA$131.9b

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

Renaissance Insurance Group JSC

Market Cap: ₽26.3b

Renaissance Insurance Group JSC provides insurance and pension services in the Russian Federation.

Momentum Group

Market Cap: US$37.6b

Provides insurance and financial services in South Africa and internationally.

China United Insurance Service

Market Cap: US$3.1k

China United Insurance Service, Inc., through its subsidiaries, provides brokerage services related to life, and property and casualty insurance products in Taiwan, Hong Kong, and People’s Republic of China.

AXA

Market Cap: €87.3b

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

Hannover Rück

Market Cap: CHF 29.8b

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

SCOR

Market Cap: €4.9b

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

AIFU

Market Cap: €88.9m

Through its subsidiary, distributes insurance products in China.

New China Life Insurance

Market Cap: HK$169.7b

Provides life insurance products and services to individuals and institutions in China.

American Overseas Group

Market Cap: US$47.0m

Through its subsidiaries, provides property and casualty insurance and reinsurance services in Barbados and the United States.

Bangkok Union Insurance

Market Cap: ฿660.0m

Provides non-life insurance products in Thailand.

ageas

Market Cap: €11.0b

Engages in insurance business.

AIA Group

Market Cap: US$777.5b

Provides life insurance based financial services in Hong Kong.

Employers Holdings

Market Cap: €970.8m

Through its subsidiaries, provides workers' compensation insurance and services in the United States.

Reinsurance Group of America

Market Cap: US$12.5b

Provides reinsurance and financial solutions.

Admiral Group

Market Cap: US$10.0b

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

People's Insurance Company (Group) of China

Market Cap: US$372.2b

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

Vienna Insurance Group

Market Cap: €5.8b

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

Tokio Marine Holdings

Market Cap: €12.5t

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

Prudential

Market Cap: €25.6b

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

Fidelity National Financial

Market Cap: US$16.3b

Provides various insurance products in the United States.

Kestrel Group

Market Cap: US$211.4m

Engages in provision of fronting services to insurance program managers, MGAs, reinsurers, and reinsurance brokers in Bermuda.

Principal Financial Group

Market Cap: US$18.5b

Provides retirement, asset management, and insurance products and services to businesses, individuals, and institutional clients worldwide.

Vaudoise Assurances Holding

Market Cap: CHF 1.8b

Provides insurance products and services primarily in Switzerland.