Global Insurance Price disconnect

Allianz

Market Cap: €165.9b

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$120.5b

Operates as an insurance company in the United States.

Zurich Insurance Group

Market Cap: CHF 88.7b

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

AXA

Market Cap: €90.1b

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

Travelers Companies

Market Cap: US$76.7b

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: €65.8b

Engages in the insurance and reinsurance businesses worldwide.

Manulife Financial

Market Cap: CA$101.6b

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

Allstate

Market Cap: US$66.0b

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 41.6b

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$350.1b

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

MS&AD Insurance Group Holdings

Market Cap: JP¥7.0t

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

Prudential Financial

Market Cap: US$43.0b

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

China Pacific Insurance (Group)

Market Cap: CN¥274.6b

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$37.0b

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: €30.9b

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

Prudential

Market Cap: UK£25.7b

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

Arch Capital Group

Market Cap: US$33.6b

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

Principal Financial Group

Market Cap: US$24.2b

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

New China Life Insurance

Market Cap: CN¥160.1b

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

NN Group

Market Cap: €20.3b

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

ageas

Market Cap: €14.0b

Engages in insurance business.

Reinsurance Group of America

Market Cap: US$16.0b

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

Aegon

Market Cap: €12.1b

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

Everest Group

Market Cap: US$14.0b

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

Globe Life

Market Cap: US$13.7b

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

RenaissanceRe Holdings

Market Cap: US$13.3b

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

Japan Post Insurance

Market Cap: JP¥1.8t

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

Primerica

Market Cap: US$9.5b

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

China Taiping Insurance Holdings

Market Cap: HK$71.6b

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$8.6b

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

Hanover Insurance Group

Market Cap: US$7.7b

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