Japanese Insurance Potentially Undervalued Companies

MS&AD Insurance Group Holdings

Market Cap: JP¥6.2t

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

Japan Post Insurance

Market Cap: JP¥1.6t

Engages in the provision of life insurance products and services in Japan.

Sompo Holdings

Market Cap: JP¥5.5t

Provides property and casualty (P&C) insurance products and services in Japan and internationally.

SBI Insurance Group

Market Cap: JP¥51.7b

Provides various insurance products in Japan.

Nippon Insure

Market Cap: JP¥6.0b

Provides rent guarantee for rental housing services in Japan.

ZenhorenLtd

Market Cap: JP¥25.4b

Provides rent liability guarantee services in Japan.

IRRC

Market Cap: JP¥5.4b

Engages in the life insurance agency business in Japan.

Lifenet Insurance

Market Cap: JP¥121.0b

Provides life insurance products and services in Japan.

FP Partner

Market Cap: JP¥47.7b

Engages in the insurance agency business in Japan.

Tokio Marine Holdings

Market Cap: JP¥12.9t

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

Nippon Souken

Market Cap: JP¥671.7m

Provides insurance brokerage services in Japan.

Daiichi Life Group

Market Cap: JP¥6.2t

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

Japan Post Holdings

Market Cap: JP¥5.9t

Provides postal, banking, and insurance services in Japan.