Global Insurance Price disconnect

Allianz

Market Cap: €164.4b

Provides property-casualty insurance, life/health insurance, and asset management products and services worldwide.

China Life Insurance

Market Cap: HK$1.1t

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

Progressive

Market Cap: US$126.3b

Operates as an insurance company in the United States.

Zurich Insurance Group

Market Cap: CHF 87.3b

Provides insurance products and related services in Europe, the Middle East, Africa, North America, Latin America, and the Asia Pacific.

AXA

Market Cap: €88.1b

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

Travelers Companies

Market Cap: US$75.6b

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, Canada, and internationally.

Münchener Rückversicherungs-Gesellschaft in München

Market Cap: €64.6b

Engages in the insurance and reinsurance businesses worldwide.

Manulife Financial

Market Cap: CA$99.7b

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

Allstate

Market Cap: US$65.7b

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

Fubon Financial Holding

Market Cap: NT$1.8t

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

Swiss Re

Market Cap: CHF 40.7b

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

Cathay Financial Holding

Market Cap: NT$1.4t

Through its subsidiaries, provides various financial products and services in Taiwan, rest of Asia, and internationally.

PICC Property and Casualty

Market Cap: HK$345.4b

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

MS&AD Insurance Group Holdings

Market Cap: JP¥6.9t

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

Prudential Financial

Market Cap: US$42.2b

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

China Pacific Insurance (Group)

Market Cap: CN¥274.5b

Provides insurance products to in the People’s Republic of China.

Daiichi Life Group

Market Cap: JP¥6.4t

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

Hartford Insurance Group

Market Cap: US$37.3b

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

Sompo Holdings

Market Cap: JP¥5.9t

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

Hannover Rück

Market Cap: €30.1b

Provides reinsurance products and services in Germany, the United Kingdom, France, Europe, the United States, Asia, Australia, Africa, and internationally.

Prudential

Market Cap: UK£25.1b

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

Arch Capital Group

Market Cap: US$33.5b

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

New China Life Insurance

Market Cap: CN¥162.1b

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

Principal Financial Group

Market Cap: US$23.9b

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

NN Group

Market Cap: €19.7b

A financial services company, provides life and non-life insurance products in the Netherlands and internationally.

ageas

Market Cap: €13.8b

Engages in insurance business.

Reinsurance Group of America

Market Cap: US$15.7b

Provides life and health, and asset-intensive reinsurance in the United States, Latin America, Canada, Europe, the Middle East, Africa, Asia, and Australia.

Everest Group

Market Cap: US$14.0b

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

Aegon

Market Cap: €11.5b

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

RenaissanceRe Holdings

Market Cap: US$13.2b

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

Globe Life

Market Cap: US$13.2b

Through its subsidiaries, provides various life and supplemental health insurance products to lower middle- and middle-income families in the United States.

Japan Post Insurance

Market Cap: JP¥1.8t

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

Primerica

Market Cap: US$9.3b

Provides financial products and services to middle-income households in the United States and Canada.

China Taiping Insurance Holdings

Market Cap: HK$70.7b

An investment holding company, underwrites various insurance and reinsurance products in the People’s Republic of China, Hong Kong, Macau, Singapore, and internationally.

Lincoln National

Market Cap: US$8.3b

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

Hanover Insurance Group

Market Cap: US$7.6b

Through its subsidiaries, provides various property and casualty insurance products and services for individuals and businesses in the United States.