U.S. Insurance Potentially Undervalued Companies

FBD Holdings

Market Cap: US$566.6m

Through its subsidiaries, engages in the underwriting of general insurance to farmers, private individuals, and business owners in Ireland.

People's Insurance Company (Group) of China

Market Cap: US$326.3b

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

F&G Annuities & Life

Market Cap: US$4.1b

Provides annuity and life insurance products in the United States.

Heritage Insurance Holdings

Market Cap: US$761.0m

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

UTG

Market Cap: US$101.2m

An insurance holding company, provides individual life insurance products and services in the United States.

Travelers Companies

Market Cap: US$61.4b

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.

SCOR

Market Cap: US$4.9b

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

Enstar Group

Market Cap: US$4.8b

Acquires and manages insurance and reinsurance companies and portfolios in run-off in the United States, the United Kingdom, Europe, and internationally.

Zhibao Technology

Market Cap: US$35.3m

Through its subsidiaries, provides digital insurance brokerage services in China.

Sompo Holdings

Market Cap: US$4.5t

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

Ping An Insurance (Group) Company of China

Market Cap: US$873.9b

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

Sagicor Financial

Market Cap: US$1.1b

Provides insurance products and related financial services in Jamaica, Barbados, Trinidad, Tobago, other Caribbean region, and the United States.

Assicurazioni Generali

Market Cap: US$51.0b

Provides various insurance solutions under the Generali brand in the Americas, Italy, rest of Europe, Africa, the Middle East, Asia, and the Oceania.

Fidelis Insurance Holdings

Market Cap: US$1.9b

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

eHealth

Market Cap: US$162.9m

Operates a health insurance marketplace that provides consumer engagement, education, and health insurance enrollment solutions in the United States.

Assicurazioni Generali

Market Cap: US$51.9b

Provides various insurance solutions under the Generali brand in the Americas, Italy, rest of Europe, Africa, the Middle East, Asia, and the Oceania.

Marsh & McLennan Companies

Market Cap: US$112.6b

A professional services company, provides advisory services and insurance solutions to clients in the areas of risk, strategy, and people worldwide.

Kingstone Companies

Market Cap: US$249.8m

Through its subsidiary, provides property and casualty insurance products in the United States.

American Financial Group

Market Cap: US$6.1b

An insurance holding company, provides specialty property and casualty insurance products in the United States.

Donegal Group

Market Cap: US$698.0m

An insurance holding company, provides commercial and personal lines of property and casualty coverages.

Cheche Group

Market Cap: US$69.3m

Provides auto insurance transaction services.

Reinsurance Group of America

Market Cap: US$13.4b

Provides reinsurance and financial solutions.

Manulife Financial

Market Cap: US$74.3b

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

Admiral Group

Market Cap: US$10.1b

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

Loews

Market Cap: US$18.4b

Through its subsidiaries, provides commercial property and casualty insurance in the United States and internationally.

Principal Financial Group

Market Cap: US$17.7b

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

Fubon Financial Holding

Market Cap: US$841.1b

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

Alm. Brand

Market Cap: US$17.6b

Provides non-life insurance products and services in Denmark.

Aegon

Market Cap: US$9.5b

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

Everest Group

Market Cap: US$14.8b

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

Swiss Re

Market Cap: US$44.1b

Provides reinsurance, insurance, other insurance-based forms of risk transfer, and other insurance-related services worldwide.

Mercury General

Market Cap: US$3.2b

Engages in writing personal automobile insurance in the United States.

Admiral Group

Market Cap: US$10.1b

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

Insurance Australia Group

Market Cap: US$20.1b

Insurance Australia Group Limited underwrites general insurance products and provides investment management services in Australia and New Zealand.

Prudential Financial

Market Cap: US$36.7b

Provides insurance, investment management, and other financial products and services in the United States, Japan and internationally.

Aon

Market Cap: US$77.1b

A professional services firm, provides a range of risk and human capital solutions worldwide.