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Swiss (SMI) Insurance Industry Analysis

UpdatedAug 11, 2026
DataAggregated Company Financials
Companies5
  • 7D-1.2%
  • 3M10.4%
  • 1Y1.7%
  • YTD1.7%

Over the last 7 days, the Insurance industry has dropped 1.2%, driven by Zurich Insurance Group declining 3.5%. Over the last year, the industry has been flat overall. As for the next few years, earnings are expected to grow by 6.2% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 11 Aug 2026CHF 180.0bCHF 119.9bCHF 11.7b15.2x15.3x1.5x
Thu, 09 Jul 2026CHF 179.3bCHF 116.9bCHF 11.3b16.6x15.8x1.5x
Sat, 06 Jun 2026CHF 162.2bCHF 115.6bCHF 11.2b15.2x14.5x1.4x
Mon, 04 May 2026CHF 167.6bCHF 114.1bCHF 10.9b15.3x15.4x1.5x
Wed, 01 Apr 2026CHF 160.2bCHF 114.4bCHF 11.1b15.4x14.5x1.4x
Fri, 27 Feb 2026CHF 158.6bCHF 112.9bCHF 10.9b15.7x14.5x1.4x
Sun, 25 Jan 2026CHF 149.6bCHF 111.2bCHF 10.3b17x14.6x1.3x
Tue, 23 Dec 2025CHF 163.0bCHF 112.4bCHF 10.4b18.3x15.7x1.4x
Thu, 20 Nov 2025CHF 166.4bCHF 119.9bCHF 11.0b18.4x15.2x1.4x
Sat, 18 Oct 2025CHF 167.7bCHF 118.9bCHF 9.9b18.1x16.9x1.4x
Mon, 15 Sep 2025CHF 168.9bCHF 119.3bCHF 9.9b18.4x17x1.4x
Wed, 13 Aug 2025CHF 173.8bCHF 120.6bCHF 9.6b19.1x18x1.4x
Fri, 11 Jul 2025CHF 165.2bCHF 118.7bCHF 9.5b18x17.3x1.4x
Sun, 08 Jun 2025CHF 169.7bCHF 121.6bCHF 9.8b18.4x17.4x1.4x
Tue, 06 May 2025CHF 172.7bCHF 122.2bCHF 9.6b18.7x18x1.4x
Thu, 03 Apr 2025CHF 176.1bCHF 128.9bCHF 10.2b18.1x17.3x1.4x
Sat, 01 Mar 2025CHF 166.6bCHF 130.7bCHF 9.9b18.2x16.8x1.3x
Mon, 27 Jan 2025CHF 155.3bCHF 139.7bCHF 8.8b18.2x17.6x1.1x
Wed, 25 Dec 2024CHF 151.7bCHF 139.0bCHF 8.8b17.8x17.2x1.1x
Fri, 22 Nov 2024CHF 153.2bCHF 137.3bCHF 8.7b18.5x17.6x1.1x
Sun, 20 Oct 2024CHF 147.5bCHF 139.3bCHF 9.0b18.3x16.3x1.1x
Tue, 17 Sep 2024CHF 143.4bCHF 136.7bCHF 8.9b18x16.2x1x
Thu, 15 Aug 2024CHF 133.0bCHF 136.5bCHF 9.1b16.6x14.6x1x
Sat, 13 Jul 2024CHF 135.7bCHF 138.1bCHF 8.9b17.7x15.3x1x
Mon, 10 Jun 2024CHF 135.2bCHF 138.4bCHF 8.9b17.3x15.2x1x
Wed, 08 May 2024CHF 127.5bCHF 140.7bCHF 8.6b16.7x14.8x0.9x
Fri, 05 Apr 2024CHF 133.1bCHF 138.9bCHF 8.9b13.8x15x1x
Sun, 03 Mar 2024CHF 130.7bCHF 147.4bCHF 9.3b11.4x14x0.9x
Tue, 30 Jan 2024CHF 125.2bCHF 121.6bCHF 9.5b11.1x13.1x1x
Thu, 28 Dec 2023CHF 121.7bCHF 119.8bCHF 9.4b10.6x13x1x
Sat, 25 Nov 2023CHF 123.0bCHF 123.5bCHF 9.7b10.8x12.7x1x
Mon, 23 Oct 2023CHF 117.8bCHF 123.6bCHF 8.5b11.1x13.9x1x
Wed, 20 Sep 2023CHF 121.4bCHF 123.6bCHF 8.5b12.4x14.4x1x
Fri, 18 Aug 2023CHF 113.7bCHF 121.1bCHF 8.4b11.8x13.5x0.9x
Price to Earnings Ratio

13.5x


Total Market Cap: CHF 113.7bTotal Earnings: CHF 8.4bTotal Revenue: CHF 121.1bTotal Market Cap vs Earnings and Revenue0%0%0%
Swiss Insurance Industry Price to Earnings3Y Average 15.6x202420252026
Current Industry PE
  • Investors are relatively neutral on the Swiss 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 15.6x.
  • The 3-year average PS ratio of 1.2x is lower than the industry's current PS ratio of 1.5x.
Past Earnings Growth
  • The earnings for companies in the Insurance industry have grown 12% per year over the last three years, while revenues have remained mostly flat.
  • This means that companies overall are more efficiently conducting business since profits are increasing while sales have been flat.

Industry Trends

Which industries have driven the changes within the Swiss Financials industry?

CH Market1.75%
Financials0.63%
Insurance-1.21%
Reinsurance2.10%
Life and Health Insurance0.13%
General Insurance-2.66%
Industry PE
  • Investors are most optimistic about the Life and Health Insurance industry which is trading above its 3-year average PE ratio of 17.8x.
    • Analysts are expecting annual earnings growth of 6.0%, which is higher than its past year's earnings growth of 1.4% per year.
  • Investors are most pessimistic about the Reinsurance industry, which is trading below its 3-year average of 12.4x.
Forecasted Growth
  • Analysts are most optimistic on the General Insurance industry, expecting annual earnings growth of 9.3% over the next 5 years.
  • However this is lower than its past earnings growth rate of 17% per year.
  • In contrast, the Reinsurance industry is expected to see its earnings growth to stay flat over the next few years.

Top Stock Gainers and Losers

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

CompanyLast Price7D1YValuation
SREN Swiss ReCHF 136.851.1%
+CHF 427.5m		-8.2%PE10.2x

Latest News

SREN
CHF 136.85
Swiss Re
7D
1.1%
1Y
-8.2%
Analysis Article • Aug 09

Swiss Re AG Beat Analyst Estimates: See What The Consensus Is Forecasting For This Year

Investors in Swiss Re AG ( VTX:SREN ) had a good week, as its shares rose 2.7% to close at CHF139 following the release...
ZURN
CHF 588.20
Zurich Insurance Group
7D
-3.4%
1Y
2.5%
SLHN
CHF 940.40
Swiss Life Holding
7D
-1.8%
1Y
6.0%
HBAN
CHF 214.80
Helvetia Baloise Holding
7D
-0.6%
1Y
3.2%
Narrative Update • Jul 08

HBAN: Revised P/E And Dividend Outlook Will Shape Fairly Valued Shares

The analyst price target for Helvetia Baloise Holding has been raised by CHF 6.38 to CHF 231.36, as analysts cite updated fair value estimates and changes in the discount rate, revenue growth, profit margin and future P/E assumptions. What's in the News for Helvetia Baloise Holding Helvetia Baloise Holding AG approved all amendments to its Articles of Association, confirming changes to the company's governing rules.
VAHN
CHF 783.00
Vaudoise Assurances Holding
7D
-1.3%
1Y
19.2%