Narrative Update • Jul 07

In the last week, Property and Casualty Insurance has been flat. As for the the longer term, the industry is up 5.0% over the past 12 months. As for the next few years, earnings are expected to grow by 3.5% per annum.
Has the Australian Property and Casualty Insurance Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sun, 09 Aug 2026 | AU$77.1b | AU$59.8b | AU$5.1b | 18.5x | 15.2x | 1.3x |
| Tue, 07 Jul 2026 | AU$75.7b | AU$60.3b | AU$5.1b | 17.4x | 14.7x | 1.3x |
| Thu, 04 Jun 2026 | AU$69.0b | AU$59.4b | AU$5.0b | 16.2x | 13.7x | 1.2x |
| Sat, 02 May 2026 | AU$69.7b | AU$59.2b | AU$5.0b | 16.5x | 13.9x | 1.2x |
| Mon, 30 Mar 2026 | AU$66.8b | AU$60.6b | AU$5.2b | 16x | 12.9x | 1.1x |
| Wed, 25 Feb 2026 | AU$64.6b | AU$59.9b | AU$5.1b | 14.6x | 12.7x | 1.1x |
| Fri, 23 Jan 2026 | AU$65.5b | AU$66.4b | AU$5.8b | 11.6x | 11.3x | 1x |
| Sun, 21 Dec 2025 | AU$67.3b | AU$67.4b | AU$5.9b | 12.1x | 11.5x | 1x |
| Tue, 18 Nov 2025 | AU$70.1b | AU$67.9b | AU$5.9b | 13.3x | 11.9x | 1x |
| Thu, 16 Oct 2025 | AU$73.0b | AU$67.9b | AU$5.9b | 14x | 12.4x | 1.1x |
| Sat, 13 Sep 2025 | AU$74.8b | AU$67.2b | AU$5.9b | 14.7x | 12.8x | 1.1x |
| Mon, 11 Aug 2025 | AU$74.5b | AU$66.3b | AU$5.6b | 15.9x | 13.4x | 1.1x |
| Wed, 09 Jul 2025 | AU$77.1b | AU$65.5b | AU$5.2b | 15.9x | 14.7x | 1.2x |
| Fri, 06 Jun 2025 | AU$79.6b | AU$65.7b | AU$5.2b | 16.5x | 15.2x | 1.2x |
| Sun, 04 May 2025 | AU$74.0b | AU$66.0b | AU$5.3b | 15.4x | 14x | 1.1x |
| Tue, 01 Apr 2025 | AU$72.1b | AU$67.1b | AU$5.4b | 14.4x | 13.5x | 1.1x |
| Thu, 27 Feb 2025 | AU$73.4b | AU$66.7b | AU$5.3b | 14.7x | 13.8x | 1.1x |
| Sat, 25 Jan 2025 | AU$76.9b | AU$64.4b | AU$4.5b | 23.2x | 16.9x | 1.2x |
| Mon, 23 Dec 2024 | AU$72.2b | AU$64.8b | AU$4.6b | 21.8x | 15.8x | 1.1x |
| Wed, 20 Nov 2024 | AU$74.1b | AU$63.5b | AU$4.5b | 21.7x | 16.6x | 1.2x |
| Fri, 18 Oct 2024 | AU$66.1b | AU$62.5b | AU$4.4b | 20x | 15.1x | 1.1x |
| Sun, 15 Sep 2024 | AU$66.0b | AU$62.4b | AU$4.4b | 20.3x | 15.1x | 1.1x |
| Tue, 13 Aug 2024 | AU$62.7b | AU$63.5b | AU$4.5b | 18.2x | 13.9x | 1x |
| Thu, 11 Jul 2024 | AU$63.9b | AU$61.9b | AU$3.9b | 18.2x | 16.5x | 1x |
| Sat, 08 Jun 2024 | AU$64.4b | AU$62.3b | AU$3.9b | 17.9x | 16.6x | 1x |
| Mon, 06 May 2024 | AU$61.9b | AU$62.6b | AU$3.9b | 17.5x | 15.9x | 1x |
| Wed, 03 Apr 2024 | AU$62.8b | AU$69.2b | AU$3.9b | 17.5x | 16x | 0.9x |
| Fri, 01 Mar 2024 | AU$60.1b | AU$69.2b | AU$3.9b | 16.5x | 15.3x | 0.9x |
| Sun, 28 Jan 2024 | AU$56.0b | AU$50.7b | AU$3.6b | 15.8x | 15.5x | 1.1x |
| Tue, 26 Dec 2023 | AU$53.1b | AU$50.0b | AU$3.6b | 15.3x | 14.9x | 1.1x |
| Thu, 23 Nov 2023 | AU$54.4b | AU$50.8b | AU$3.6b | 15.2x | 15x | 1.1x |
| Sat, 21 Oct 2023 | AU$54.9b | AU$51.7b | AU$3.7b | 15.4x | 14.9x | 1.1x |
| Mon, 18 Sep 2023 | AU$54.9b | AU$51.2b | AU$3.6b | 15.5x | 15x | 1.1x |
| Wed, 16 Aug 2023 | AU$54.3b | AU$50.1b | AU$3.4b | 14.8x | 15.7x | 1.1x |
15.7x
How does Australian Property and Casualty Insurance compare with similar industries?
| AU Market | 3.35% | |
| Financials | 1.51% | |
| Insurance | 0.65% | |
| Property and Casualty Insurance | 0.03% | |
| Insurance Brokers | 3.76% | |
| Life and Health Insurance | 1.59% | |
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| IAG Insurance Australia Group | AU$8.63 | 1.6% +AU$326.6m | 1.1% | PE18.5x | |
| SUN Suncorp Group | AU$19.34 | 0.8% +AU$159.0m | -4.8% | PE20.8x |