Global Insurance Undervalued based on future growth

Fidelity National Financial

Market Cap: US$15.6b

Provides various insurance products in the United States.

Everest Group

Market Cap: US$14.1b

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

KGI Financial Holding

Market Cap: NT$326.8b

Engages in the commercial banking, securities, venture capital, and insurance businesses in Taiwan and internationally.

Lincoln National

Market Cap: US$7.9b

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

Brighthouse Financial

Market Cap: US$3.7b

Provides annuity and life insurance products in the United States.

SiriusPoint

Market Cap: US$2.5b

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

Skyward Specialty Insurance Group

Market Cap: US$2.0b

An insurance holding company, underwrites commercial property and casualty insurance products in the United States.

Kemper

Market Cap: US$1.9b

An insurance holding company, provides insurance products in the United States.

Wüstenrot & Württembergische

Market Cap: €1.5b

Provides insurance products and services in Germany.

IRB-Brasil Resseguros

Market Cap: R$4.9b

Provides reinsurance solutions in Brazil and internationally.

Ategrity Specialty Insurance Company Holdings

Market Cap: US$853.7m

Through its subsidiaries, provides excess and surplus lines insurance and reinsurance products to small and medium-sized businesses in the United States.

Bowhead Specialty Holdings

Market Cap: US$811.1m

Provides commercial specialty property and casualty insurance products in the United States.

Waterdrop

Market Cap: US$647.4m

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.

Hanwha General Insurance

Market Cap: ₩874.1b

Provides insurance services in South Korea.

Crawford

Market Cap: US$524.9m

Provides claims management and outsourcing solutions for carriers, brokers, and corporations in the United States, the United Kingdom, Europe, Canada, Australia, Asia, and Latin America.

Global Indemnity Group

Market Cap: US$404.2m

Through its subsidiaries, provides specialty property and casualty insurance, and reinsurance products in the United States.

Aksigorta

Market Cap: ₺13.4b

Provides various life and non-life insurance products and services to retail and corporate customers in Turkey.

Wiz Co Participações e Corretagem de Seguros

Market Cap: R$1.5b

Wiz Co Participações e Corretagem de Seguros S.A.

TQM Alpha

Market Cap: ฿8.2b

Engages in the insurance brokerage business in Thailand.

ClearView Wealth

Market Cap: AU$336.5m

Engages in the life insurance business in Australia.

NobleOak Life

Market Cap: AU$134.8m

Engages in underwriting life insurance products in Australia.

Health In Tech

Market Cap: US$61.5m

Operates as an insurance technology platform company.

Tune Protect Group Berhad

Market Cap: RM 237.4m

A financial holding company, provides underwriting and reinsurance services for non-life insurance products in Malaysia and internationally.

IRRC

Market Cap: JP¥7.3b

Engages in the life insurance agency business in Japan.

Huize Holding

Market Cap: US$19.8m

Offers online insurance product and service platform through various internet channels in Mainland China, Hong Kong, and internationally.