Global Insurance Price disconnect

Allianz

Market Cap: €160.6b

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

China Life Insurance

Market Cap: HK$1.2t

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

Progressive

Market Cap: US$124.3b

Operates as an insurance company in the United States.

Zurich Insurance Group

Market Cap: CHF 93.1b

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

Münchener Rückversicherungs-Gesellschaft in München

Market Cap: €64.0b

Engages in the insurance and reinsurance businesses worldwide.

Manulife Financial

Market Cap: CA$102.7b

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

Allstate

Market Cap: US$66.9b

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 39.6b

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$334.3b

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

China Pacific Insurance (Group)

Market Cap: CN¥287.6b

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

American International Group

Market Cap: US$41.9b

Provides insurance products for commercial, institutional, and individual customers in North America and internationally.

Sompo Holdings

Market Cap: JP¥6.5t

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

Hartford Insurance Group

Market Cap: US$38.1b

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

Fairfax Financial Holdings

Market Cap: CA$53.2b

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.

Prudential

Market Cap: UK£27.3b

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

Arch Capital Group

Market Cap: US$36.0b

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

Hannover Rück

Market Cap: €30.5b

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

Talanx

Market Cap: €29.7b

Provides insurance and reinsurance products and services worldwide.

New China Life Insurance

Market Cap: CN¥174.2b

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

Principal Financial Group

Market Cap: US$23.6b

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

Legal & General Group

Market Cap: UK£16.4b

Provides various insurance products and services in the United Kingdom, the United States, and internationally.

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.

ageas

Market Cap: €13.7b

Engages in insurance business.

Everest Group

Market Cap: US$15.2b

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

RenaissanceRe Holdings

Market Cap: US$13.7b

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

Aegon

Market Cap: €11.9b

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

Globe Life

Market Cap: US$13.5b

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

China Taiping Insurance Holdings

Market Cap: HK$79.6b

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

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.

SCOR

Market Cap: €6.0b

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

UNIQA Insurance Group

Market Cap: €5.4b

Operates as an insurance company in Austria and Central and Eastern Europe.

Palomar Holdings

Market Cap: US$3.6b

A specialty insurance company, provides property and casualty insurance to individuals and businesses in the United States.

Hamilton Insurance Group

Market Cap: US$3.6b

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

SiriusPoint

Market Cap: US$3.0b

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