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Australian (ASX) Insurance Industry Analysis
UpdatedSep 02, 2026
DataAggregated Company Financials
Companies9
- 7D-0.4%
- 3M5.8%
- 1Y-6.6%
- YTD4.2%
In the last week, the Insurance industry is up 2.2%, with QBE Insurance Group up 2.0%. However, the industry is down 6.3% over the past year. Looking forward, earnings are forecast to grow by 4.9% annually.
Industry Valuation and Performance
Has the Australian Insurance Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Wed, 02 Sep 2026 | AU$100.1b | AU$79.0b | AU$6.3b | 19.5x | 15.8x | 1.3x |
| Fri, 31 Jul 2026 | AU$108.2b | AU$77.2b | AU$6.3b | 19.8x | 17.1x | 1.4x |
| Sun, 28 Jun 2026 | AU$104.2b | AU$77.5b | AU$6.3b | 19.5x | 16.4x | 1.3x |
| Tue, 26 May 2026 | AU$97.5b | AU$76.5b | AU$6.2b | 17.4x | 15.7x | 1.3x |
| Thu, 23 Apr 2026 | AU$95.2b | AU$76.5b | AU$6.2b | 17.7x | 15.3x | 1.2x |
| Sat, 21 Mar 2026 | AU$89.0b | AU$76.8b | AU$6.3b | 15.7x | 14.2x | 1.2x |
| Mon, 16 Feb 2026 | AU$88.1b | AU$82.6b | AU$6.7b | 16.8x | 13.2x | 1.1x |
| Wed, 14 Jan 2026 | AU$95.3b | AU$83.5b | AU$7.1b | 18.5x | 13.4x | 1.1x |
| Fri, 12 Dec 2025 | AU$93.7b | AU$83.7b | AU$7.1b | 17.6x | 13.2x | 1.1x |
| Sun, 09 Nov 2025 | AU$100.3b | AU$84.6b | AU$7.2b | 18.7x | 14x | 1.2x |
| Tue, 07 Oct 2025 | AU$104.4b | AU$84.0b | AU$7.1b | 19.9x | 14.6x | 1.2x |
| Thu, 04 Sep 2025 | AU$106.5b | AU$84.4b | AU$7.2b | 19.9x | 14.8x | 1.3x |
| Sat, 02 Aug 2025 | AU$108.3b | AU$82.4b | AU$6.4b | 19.8x | 16.9x | 1.3x |
| Mon, 30 Jun 2025 | AU$109.3b | AU$81.8b | AU$6.3b | 19.3x | 17.2x | 1.3x |
| Wed, 28 May 2025 | AU$108.8b | AU$82.2b | AU$6.4b | 21x | 17x | 1.3x |
| Fri, 25 Apr 2025 | AU$100.5b | AU$82.6b | AU$6.4b | 19.4x | 15.7x | 1.2x |
| Sun, 23 Mar 2025 | AU$98.7b | AU$83.2b | AU$6.5b | 19.9x | 15.3x | 1.2x |
| Tue, 18 Feb 2025 | AU$98.8b | AU$81.2b | AU$6.3b | 20.6x | 15.6x | 1.2x |
| Thu, 16 Jan 2025 | AU$98.5b | AU$80.5b | AU$5.2b | 26x | 19.1x | 1.2x |
| Sat, 14 Dec 2024 | AU$97.0b | AU$79.5b | AU$5.1b | 25.9x | 19x | 1.2x |
| Mon, 11 Nov 2024 | AU$94.3b | AU$78.4b | AU$5.0b | 26.4x | 18.8x | 1.2x |
| Wed, 09 Oct 2024 | AU$88.7b | AU$77.6b | AU$4.9b | 25.1x | 17.9x | 1.1x |
| Fri, 06 Sep 2024 | AU$92.7b | AU$78.0b | AU$5.0b | 26.8x | 18.5x | 1.2x |
| Sun, 04 Aug 2024 | AU$93.8b | AU$77.9b | AU$5.2b | 22.9x | 17.9x | 1.2x |
| Tue, 02 Jul 2024 | AU$91.6b | AU$77.1b | AU$5.2b | 22.3x | 17.6x | 1.2x |
| Thu, 30 May 2024 | AU$87.2b | AU$77.3b | AU$5.2b | 19.5x | 16.7x | 1.1x |
| Sat, 27 Apr 2024 | AU$87.6b | AU$77.8b | AU$5.2b | 20.1x | 16.7x | 1.1x |
| Mon, 25 Mar 2024 | AU$88.8b | AU$84.0b | AU$5.2b | 20.1x | 16.9x | 1.1x |
| Wed, 21 Feb 2024 | AU$84.9b | AU$81.1b | AU$4.9b | 20.1x | 17.2x | 1x |
| Fri, 19 Jan 2024 | AU$80.1b | AU$64.5b | AU$4.7b | 19.7x | 17.2x | 1.2x |
| Sun, 17 Dec 2023 | AU$77.1b | AU$64.0b | AU$4.6b | 19.2x | 16.6x | 1.2x |
| Tue, 14 Nov 2023 | AU$78.3b | AU$65.2b | AU$4.7b | 18.6x | 16.6x | 1.2x |
| Thu, 12 Oct 2023 | AU$79.2b | AU$65.1b | AU$4.7b | 18.9x | 16.8x | 1.2x |
| Sat, 09 Sep 2023 | AU$79.0b | AU$65.1b | AU$4.7b | 19.3x | 16.8x | 1.2x |
Price to Earnings Ratio
16.8x
Current Industry PE
- Investors are relatively neutral on the Australian Insurance industry at the moment, indicating that they anticipate long term growth rates to remain steady.
- The industry is trading close to its 3-year average PE ratio of 16.4x.
- The industry is trading close to its 3-year average PS ratio of 1.2x.
Past Earnings Growth
- The earnings for companies in the Insurance industry have grown 10% per year over the last three years.
- Revenues for these companies have grown 6.6% 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 Financials industry?
| AU Market | -1.15% | |
| Financials | 0.084% | |
| Insurance | -0.43% | |
| Property and Casualty Insurance | 0.16% | |
| Life and Health Insurance | -1.83% | |
| Insurance Brokers | -2.02% | |
Industry PE
- Investors are most optimistic about the Insurance Brokers industry, which is trading close to its 3-year average PE ratio of 26.4x.
- Analysts are expecting annual earnings growth of 12.8%, which is higher than its past year's earnings decline of 33.2% per year.
- Investors are most pessimistic about the Property and Casualty Insurance industry, which is trading close to its 3-year average of 14.4x.
Forecasted Growth
- Analysts are most optimistic on the Insurance Brokers industry, expecting annual earnings growth of 13% over the next 5 years.
- This is better than its past earnings decline of 33% per year.
- In contrast, the Property and Casualty Insurance industry is expected to see its earnings grow by 3.2% per year over the next few years.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| QBE QBE Insurance Group | AU$22.48 | 2.0% +AU$642.0m | 3.5% | PE11.1x | |
| NHF nib holdings | AU$6.90 | 1.2% +AU$39.1m | -8.5% | PE18.2x | |
| IAG Insurance Australia Group | AU$7.87 | 0.1% +AU$23.3m | -10.4% | PE17.9x | |
| NOL NobleOak Life | AU$1.33 | 11.8% +AU$13.0m | -11.1% | PE8.7x | |
| SDF Steadfast Group | AU$5.84 | 0.2% +AU$11.1m | -6.1% | PE24.1x |