U.S. Insurance Potentially Undervalued Companies

HCI Group

Market Cap: US$2.3b

Engages in the property and casualty insurance business in the United States.

American Integrity Insurance Group

Market Cap: US$372.6m

Operates as an insurance company in the United States.

Hamilton Insurance Group

Market Cap: US$3.4b

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

Slide Insurance Holdings

Market Cap: US$2.4b

Provides property and casualty insurance services in the United States.

Waterdrop

Market Cap: US$416.8m

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.

Pelagos Insurance Capital

Market Cap: US$2.1b

Provides insurance and reinsurance solutions in Bermuda, the Republic of Ireland, and the United Kingdom.

Sompo Holdings

Market Cap: US$5.8t

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

Hartford Insurance Group

Market Cap: US$38.0b

Provides insurance and financial services to individual and business customers in the United States, the United Kingdom, and internationally.

Fairfax Financial Holdings

Market Cap: US$54.2b

Through its subsidiaries, provides property and casualty insurance and reinsurance, and investment management services in Canada, the United States, the Middle East and Asia, and internationally.

China Life Insurance

Market Cap: US$1.1t

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

Allstate

Market Cap: US$64.8b

Provides property and casualty, and other insurance products in the United States and Canada.

AXIS Capital Holdings

Market Cap: US$8.3b

Through its subsidiaries, provides various specialty insurance and reinsurance products in Bermuda, the United States, and internationally.

SiriusPoint

Market Cap: US$2.9b

Provides multi-line reinsurance and insurance products and services worldwide.

PICC Property and Casualty

Market Cap: US$310.5b

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

Universal Insurance Holdings

Market Cap: US$1.2b

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

BB Seguridade Participações

Market Cap: US$78.3b

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

Arch Capital Group

Market Cap: US$35.2b

Provides insurance, reinsurance, and mortgage insurance products in the United States, Canada, Bermuda, the United Kingdom, Europe, and Australia.

Ping An Insurance (Group) Company of China

Market Cap: US$871.1b

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

Aegon

Market Cap: US$11.4b

Provides insurance services in the Americas, the Netherlands, the United Kingdom, and internationally.

Everest Group

Market Cap: US$14.7b

Together with subsidiaries, provides reinsurance and insurance products in the United States, Europe, and internationally.

Brighthouse Financial

Market Cap: US$3.8b

Provides annuity and life insurance products in the United States.

Prudential Financial

Market Cap: US$40.1b

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

Beazley

Market Cap: US$7.6b

Through its subsidiaries, provides risk insurance and reinsurance solutions in the United States, the United Kingdom, and rest of Europe.

Prudential

Market Cap: US$26.3b

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

New China Life Insurance

Market Cap: US$168.1b

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

American Coastal Insurance

Market Cap: US$534.6m

Through its subsidiaries, primarily engages in the commercial and personal property and casualty insurance business in the United States.

SCOR

Market Cap: US$5.8b

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

Assured Guaranty

Market Cap: US$3.6b

Provides credit protection products to public finance and structured finance markets in the United States and internationally.

CNA Financial

Market Cap: US$13.9b

An insurance holding company, primarily provides commercial property and casualty insurance products in the United States, Canada, the United Kingdom, Continental Europe, and internationally.

International General Insurance Holdings

Market Cap: US$1.2b

International General Insurance Holdings Ltd.

RenaissanceRe Holdings

Market Cap: US$13.4b

Provides reinsurance and insurance products in the United States and internationally.

Sanlam

Market Cap: US$186.8b

Provides various financial services in South Africa, Pan-Africa, Asia, and internationally.

ageas

Market Cap: US$13.5b

Engages in insurance business.

Prudential

Market Cap: US$26.3b

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

Lincoln National

Market Cap: US$7.6b

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

Heritage Insurance Holdings

Market Cap: US$827.8m

Through its subsidiaries, provides personal and commercial residential insurance products.