Global Insurance High ROE Growth Engines

Progressive

Market Cap: US$126.0b

Operates as an insurance company in the United States.

Life Insurance Corporation of India

Market Cap: ₹5.6t

Provides life insurance products in India, Fiji, Mauritius, and the United Kingdom.

Allstate

Market Cap: US$57.3b

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

Gjensidige Forsikring

Market Cap: NOK 133.2b

Provides general insurance and pension products in Norway, Sweden, Denmark, Finland, Latvia, Lithuania, and Estonia.

Caixa Seguridade Participações

Market Cap: R$58.3b

Provides insurance products in Brazil and internationally.

OUTsurance Group

Market Cap: R119.9b

A financial services company, provides insurance and investment products in South Africa, Australia, and Ireland.

Kinsale Capital Group

Market Cap: US$7.0b

Engages in the provision of property and casualty insurance products in the United States.

Mercury General

Market Cap: US$5.9b

Engages in writing personal automobile insurance in the United States.

Protector Forsikring

Market Cap: NOK 39.0b

Operates as a non-life insurance company, provides general insurance and reinsurance services in Norway, Sweden, Finland, Denmark, the United Kingdom and France.

Hamilton Insurance Group

Market Cap: US$3.2b

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

Rasan Information Technology

Market Cap: ر.س11.9b

A financial technology company, provides insurance and financial services in the Kingdom of Saudi Arabia.

Türkiye Sigorta

Market Cap: ₺131.2b

Operates as a non-life insurance company in Turkey.

Santam

Market Cap: R42.6b

Provides various general insurance products and services to individuals, commercial, and corporate markets in South Africa, rest of Africa, and internationally.

HCI Group

Market Cap: US$2.2b

Engages in the property and casualty insurance business in the United States.

Slide Insurance Holdings

Market Cap: US$2.0b

Provides property and casualty insurance services in the United States.

Ayalon Insurance

Market Cap: ₪3.9b

Through its subsidiaries, provides various insurance products in Israel.

Exzeo Group

Market Cap: US$1.2b

Provides turnkey insurance technology and operations solutions to insurance carriers and agents.

Anadolu Anonim Türk Sigorta Sirketi

Market Cap: ₺56.8b

Engages in the insurance business in Turkey.

Universal Insurance Holdings

Market Cap: US$1.1b

Operates as an integrated insurance holding company in the United States.

Heritage Insurance Holdings

Market Cap: US$736.1m

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

Yuanbao

Market Cap: US$699.5m

Provides insurance brokerage and agency licenses services in the People’s Republic of China.

Ray Sigorta Anonim Sirketi

Market Cap: ₺32.3b

Engages in the non-life insurance business in Turkey.

Hippo Holdings

Market Cap: US$685.5m

Provides property and casualty insurance products to individuals and business customers primarily in the United States.

American Coastal Insurance

Market Cap: US$524.1m

Through its subsidiaries, primarily engages in the commercial and personal property and casualty insurance business in the United States.

Qatar Islamic Insurance Group Q.P.S.C

Market Cap: ر.ق1.3b

Provides a range of insurance products and services in Qatar.

SBI Insurance Group

Market Cap: JP¥51.6b

Provides various insurance products in Japan.

Libra Insurance

Market Cap: ₪866.5m

Engages in the general insurance business in Israel.

Aksigorta

Market Cap: ₺11.8b

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

Kingstone Companies

Market Cap: US$249.1m

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

Wiz Co Participações e Corretagem de Seguros

Market Cap: R$1.2b

Wiz Co Participações e Corretagem de Seguros S.A.

Allshores

Market Cap: BD$237.3m

Provides insurance and investment solutions to individuals and businesses in Bermuda, Bahamas, Caribbean region, and Cayman Islands.

Solid Försäkringsaktiebolag

Market Cap: SEK 1.9b

Provides non-life insurance to private and business customers in Sweden, Denmark, Norway, Finland, and internationally.

Bahrain National Holding Company B.S.C

Market Cap: ب.د61.8m

Bahrain National Holding Company B.S.C., together with its subsidiaries, asset management services in the Kingdom of Bahrain and other GCC countries.

Votum

Market Cap: zł579.6m

Votum S.A. helps victims of traffic accidents in obtaining compensation from insurance companies.

QDM International

Market Cap: US$124.8m

Operates as an insurance brokerage company primarily in Hong Kong.

Hansard Global

Market Cap: UK£71.0m

Engages in the distribution and servicing of long-term investment products in the Isle of Man, the Bahamas, the Republic of Ireland, Malaysia, Japan, and the United Arab Emirates.