Mexican Insurance Potentially Undervalued Companies

Ping An Insurance (Group) Company of China

Market Cap: Mex$706.9b

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

ageas

Market Cap: Mex$7.9b

Engages in insurance business.

Quálitas Controladora. de

Market Cap: Mex$67.2b

Through its subsidiaries, provides insurance, coinsurance, and reinsurance services in the personal accident, health, and automobile areas in Mexico, El Salvador, Costa Rica, Peru, and the United States.

Manulife Financial

Market Cap: Mex$72.7b

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

AXA

Market Cap: Mex$84.8b

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

China Life Insurance

Market Cap: Mex$828.0b

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

Fairfax Financial Holdings

Market Cap: Mex$24.7b

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.

Grupo Nacional Provincial

Market Cap: Mex$26.8b

Provides various insurance products in Mexico.

Travelers Companies

Market Cap: Mex$62.5b

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.

Sun Life Financial

Market Cap: Mex$46.0b

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.