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Australian (ASX) Insurance Industry Analysis

UpdatedDec 01, 2021
DataAggregated Company Financials
Companies10
  • 7D-4.2%
  • 3M-7.5%
  • 1Y9.8%
  • YTD16.1%

Over the last 7 days, the Insurance industry has dropped 5.4%, driven by a decline by QBE Insurance Group of 6.1%. This takes the industry's 12 month performance to a gain of 8.4%.

Industry Valuation and Performance

Has the Australian Insurance Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPE
Wed, 01 Dec 2021AU$62.0bAU$52.1bAU$901.2mn/a
Fri, 29 Oct 2021AU$65.6bAU$51.0bAU$934.5m27.2x
Sun, 26 Sep 2021AU$66.0bAU$51.7bAU$911.5m28.9x
Tue, 24 Aug 2021AU$67.8bAU$51.1bAU$930.6m29.9x
Wed, 30 Jun 2021AU$61.2bAU$51.1bAU$925.7m23.6x
Sat, 03 Apr 2021AU$54.3bAU$49.9bAU$406.3k22.9x
Tue, 05 Jan 2021AU$53.2bAU$48.8b-AU$903,414,400.0027.5x
Fri, 09 Oct 2020AU$47.2bAU$49.9bAU$389.6m24.2x
Thu, 02 Jul 2020AU$53.1bAU$49.5bAU$581.2m25x
Sun, 05 Apr 2020AU$50.2bAU$53.6bAU$2.4b19.9x
Wed, 08 Jan 2020AU$67.0bAU$51.9bAU$3.3b20.7x
Tue, 01 Oct 2019AU$69.0bAU$52.0bAU$3.6b20.9x
Fri, 05 Jul 2019AU$69.3bAU$51.9bAU$3.7b21.8x
Mon, 08 Apr 2019AU$65.9bAU$49.2bAU$3.2b20.3x
Thu, 10 Jan 2019AU$58.9bAU$48.9bAU$3.1b21x
PE Ratio

19.4x

Total Market Cap: AU$61.5bTotal Earnings: AU$819.6mTotal Revenue: AU$48.0b0%0%0%3 Year10 Year
201920202021

Current Industry PE: Investors are more optimistic on the industry, considering it's trading at a PE ratio of 28.4x which is higher than its 3-year average PE of 23.2x. It appears they are confident that earnings will grow faster in the future than they have historically.

Past Earnings Growth: The earnings for companies in the Insurance industry have grown 3.2% per year over the last three years, and revenues for these companies have grown 2.8% per year. This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.

Industry Trends

Which industries have driven the changes within the Australian Insurance industry?

Life and Health Insurance-2.45%
Insurance Brokers-3.23%
Property and Casualty Insurance-4.92%

Industry PE: Investors are most optimistic about the Insurance Brokers industry, which is trading close to its 3-year average PE ratio of 30.7x. However analysts are expecting annual earnings growth of 9.0%, which is lower than the prior year's growth of 88% per year. So the market might believe that analysts are underestimating future growth. Meanwhile, investors are most pessimistic about the Property and Casualty Insurance industry, which is trading below its 3-year average of 23.5x.

Forecasted Growth: Analysts are most optimistic on the Property and Casualty Insurance industry, expecting annual earnings growth of 20% over the next 5 years. However this is lower than its past earnings growth rate of 65% per year. Meanwhile, the Life and Health Insurance industry is expected to see its earnings grow by 4.7% per year over the next few years.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

Company7D1YValuation
NHF nib holdings0.7%+AU$22.9m35.6%PE20x
NOL NobleOak Life1.7%+AU$3.4mn/aPE41.1x
ENA Ensurance2.2%+AU$448.4k46.9%PS4.9x
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NHF

AU$7.05

nib holdings

7D

0.7%

1Y

35.6%