Global Insurance Low Leverage High Rewards

Donegal Group

Market Cap: US$726.6m

An insurance holding company, provides commercial and personal lines of property and casualty coverages.

Pioneer Insurance

Market Cap: ৳6.9b

Provides various non-life insurance products and services in Bangladesh.

National Life Insurance

Market Cap: ৳10.6b

Provides various insurance and investment products and services in Bangladesh.

Hannover Rück

Market Cap: €30.2b

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

Daiichi Life Group

Market Cap: JP¥6.4t

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

NEM Insurance

Market Cap: ₦150.5b

Provides general insurance products and services to corporate and individual customers in Nigeria and Europe.

Emirates Insurance Company P.J.S.C

Market Cap: د.إ1.2b

Engages in writing general insurance and reinsurance in the United Arab Emirates, the United States, and Europe.

Swiss Re

Market Cap: CHF 41.0b

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

Münchener Rückversicherungs-Gesellschaft in München

Market Cap: €64.9b

Engages in the insurance and reinsurance businesses worldwide.

Quálitas Controladora. de

Market Cap: Mex$59.1b

Through its subsidiaries, provides insurance, coinsurance, and reinsurance services in the accidents and illnesses, damages, health, and automobile areas in Mexico, the United States, El Salvador, Peru, and Costa Rica.

Erie Indemnity

Market Cap: US$13.8b

Operates as a managing attorney-in-fact for the subscribers at the Erie Insurance Exchange in the United States.

Anadolu Hayat Emeklilik Anonim Sirketi

Market Cap: ₺45.3b

Provides private pension and life insurance products in Turkey.

EFU General Insurance

Market Cap: PK₨24.8b

Engages in the non-life insurance business in Pakistan.

National General Insurance (P.J.S.C.)

Market Cap: د.إ941.9m

Engages in underwriting various classes of life and general insurance, and reinsurance businesses in the United Arab Emirates.

Allianz

Market Cap: €165.3b

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

Great-West Lifeco

Market Cap: CA$79.4b

Engages in the life and health insurance, retirement savings, wealth and asset management, and reinsurance businesses in Canada, the United States, and Europe.

Principal Financial Group

Market Cap: US$23.7b

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

American International Group

Market Cap: US$39.8b

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

Mapfre

Market Cap: €13.4b

Engages in insurance, reinsurance, and financial activities in Spain.

MS&AD Insurance Group Holdings

Market Cap: JP¥7.1t

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

LPI Capital Bhd

Market Cap: RM 5.9b

An investment holding company, engages in the underwriting of general insurance products for personal and business needs in Malaysia, Singapore, Cambodia, and internationally.

Sanlam Maroc

Market Cap: د.م15.1b

Provides insurance services Morocco.

AtlantaSanad Société Anonyme

Market Cap: د.م7.7b

Provides various insurance products for individuals, professionals, and corporates primarily in Morocco.

T&D Holdings

Market Cap: JP¥2.3t

Through its subsidiaries, provides insurance products and services in Japan.

Vaudoise Assurances Holding

Market Cap: CHF 2.2b

Provides insurance products and services primarily in Switzerland.

Old Republic International

Market Cap: US$10.0b

Through its subsidiaries, provides insurance underwriting and related services in the United States and Canada.

Cincinnati Financial

Market Cap: US$25.8b

Provides property casualty insurance products in the United States.

Everest Group

Market Cap: US$14.2b

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

Power Corporation of Canada

Market Cap: CA$57.2b

An international management and holding company, provides financial services in North America, Europe, and Asia.

RLI

Market Cap: US$6.0b

An insurance holding company, provides property, casualty, and surety insurance products.

Sompo Holdings

Market Cap: JP¥6.0t

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

HNB Life

Market Cap: LK₨22.4b

Provides life and general insurance solutions for individual and corporate customers in Sri Lanka.

Central Reinsurance

Market Cap: NT$34.3b

Provides various property and life inward and outward reinsurance services in Taiwan and internationally.

EFU Life Assurance

Market Cap: PK₨17.9b

Provides life and health insurance products and services to individuals, families, and corporate clients in Pakistan.

Green Delta Insurance

Market Cap: ৳6.8b

Provides general insurance products in Bangladesh.

Anadolu Anonim Türk Sigorta Sirketi

Market Cap: ₺57.0b

Engages in the insurance business in Turkey.