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Swiss (SMI) Insurance Industry Analysis

UpdatedAug 20, 2025
DataAggregated Company Financials
Companies6
  • 7D1.6%
  • 3M2.9%
  • 1Y29.0%
  • YTD14.1%

In the last week, the Insurance industry is up 1.6%, with Zurich Insurance Group up 2.6%. This means that the industry has gained 29% over the past year. Earnings are forecast to grow by 6.4% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Wed, 20 Aug 2025CHF 176.5bCHF 120.8bCHF 10.0b19.5x17.7x1.5x
Fri, 18 Jul 2025CHF 166.2bCHF 119.6bCHF 9.6b18.1x17.3x1.4x
Sun, 15 Jun 2025CHF 162.7bCHF 120.4bCHF 9.7b17.8x16.8x1.4x
Tue, 13 May 2025CHF 169.5bCHF 124.8bCHF 9.8b18.1x17.3x1.4x
Thu, 10 Apr 2025CHF 153.2bCHF 126.1bCHF 9.9b16x15.4x1.2x
Sat, 08 Mar 2025CHF 168.2bCHF 128.1bCHF 9.9b17.8x17x1.3x
Mon, 03 Feb 2025CHF 158.8bCHF 140.3bCHF 8.9b18.6x17.9x1.1x
Wed, 01 Jan 2025CHF 152.1bCHF 139.9bCHF 8.9b17.8x17.2x1.1x
Fri, 29 Nov 2024CHF 155.1bCHF 136.9bCHF 8.7b18.6x17.9x1.1x
Sun, 27 Oct 2024CHF 144.3bCHF 139.5bCHF 9.1b18x15.9x1x
Tue, 24 Sep 2024CHF 142.9bCHF 137.4bCHF 8.9b17.9x16x1x
Thu, 22 Aug 2024CHF 136.1bCHF 134.7bCHF 9.0b17x15.1x1x
Sat, 20 Jul 2024CHF 132.8bCHF 137.5bCHF 8.9b17.4x15x1x
Mon, 17 Jun 2024CHF 132.3bCHF 137.6bCHF 8.9b17.2x14.9x1x
Wed, 15 May 2024CHF 128.5bCHF 140.4bCHF 8.6b16.9x15x0.9x
Fri, 12 Apr 2024CHF 130.0bCHF 139.9bCHF 9.0b13.5x14.5x0.9x
Sun, 10 Mar 2024CHF 133.6bCHF 146.7bCHF 9.3b11.7x14.4x0.9x
Tue, 06 Feb 2024CHF 125.3bCHF 122.5bCHF 9.6b11.2x13x1x
Thu, 04 Jan 2024CHF 122.3bCHF 120.8bCHF 9.5b10.6x12.9x1x
Sat, 02 Dec 2023CHF 122.4bCHF 122.5bCHF 9.6b10.7x12.7x1x
Mon, 30 Oct 2023CHF 119.8bCHF 124.5bCHF 8.5b11.3x14x1x
Wed, 27 Sep 2023CHF 119.8bCHF 125.1bCHF 8.6b12x14x1x
Fri, 25 Aug 2023CHF 113.9bCHF 121.4bCHF 8.4b11.9x13.5x0.9x
Sun, 23 Jul 2023CHF 119.1bCHF 116.3bCHF 7.9b11.7x15.2x1x
Tue, 20 Jun 2023CHF 118.6bCHF 118.9bCHF 8.0b11.6x14.8x1x
Thu, 18 May 2023CHF 117.5bCHF 119.2bCHF 8.1b11.8x14.6x1x
Sat, 15 Apr 2023CHF 120.9bCHF 117.9bCHF 7.2b12.6x16.7x1x
Mon, 13 Mar 2023CHF 123.7bCHF 122.0bCHF 7.2b12.8x17.1x1x
Wed, 08 Feb 2023CHF 122.9bCHF 127.8bCHF 7.1b13.2x17.2x1x
Fri, 06 Jan 2023CHF 121.5bCHF 129.2bCHF 7.2b12x16.9x0.9x
Sun, 04 Dec 2022CHF 120.2bCHF 129.4bCHF 7.2b12.4x16.6x0.9x
Tue, 01 Nov 2022CHF 112.4bCHF 135.5bCHF 8.2b11.8x13.7x0.8x
Thu, 29 Sep 2022CHF 104.7bCHF 133.5bCHF 8.1b10.8x13x0.8x
Sat, 27 Aug 2022CHF 114.7bCHF 136.9bCHF 8.0b12x14.3x0.8x
Price to Earnings Ratio

14.3x


Total Market Cap: CHF 114.7bTotal Earnings: CHF 8.0bTotal Revenue: CHF 136.9bTotal Market Cap vs Earnings and Revenue0%0%0%
Swiss Insurance Industry Price to Earnings3Y Average 15.5x202320242025
Current Industry PE
  • Investors are optimistic on the Swiss Insurance industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 17.7x which is higher than its 3-year average PE of 15.5x.
  • The 3-year average PS ratio of 1.0x 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 7.4% per year over the last three years.
  • Meanwhile revenues for these companies have declined 4.1% per year.
  • This means that less sales are being generated overall, but since cost of doing business is lower, profits have been increasing.

Industry Trends

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

CH Market2.02%
Financials0.71%
Insurance1.56%
General Insurance2.64%
Life and Health Insurance2.23%
Reinsurance-1.34%
Industry PE
  • Investors are most optimistic about the Life and Health Insurance industry which is trading above its 3-year average PE ratio of 14.9x.
    • Analysts are expecting annual earnings growth of 5.4%, which is lower than the prior year's growth of 12.1% per year.
  • Investors are most pessimistic about the Reinsurance industry, although it looks like investor sentiment has improved given that it's trading above its 3-year average.
Forecasted Growth
  • Analysts are most optimistic on the Reinsurance industry, expecting annual earnings growth of 7.2% over the next 5 years.
  • However this is lower than its past earnings growth rate of 10% per year.
  • In contrast, the Life and Health Insurance industry is expected to see its earnings grow by 5.4% per year over the next few years.

Top Stock Gainers and Losers

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

CompanyLast Price7D1YValuation
ZURN Zurich Insurance GroupCHF 588.602.6%
+CHF 2.1b		21.8%PE17.7x
SLHN Swiss Life HoldingCHF 907.002.2%
+CHF 564.9m		34.6%PE21.3x
HELN Helvetia HoldingCHF 214.002.8%
+CHF 306.7m		61.5%PE23.8x
BALN Baloise HoldingCHF 214.403.2%
+CHF 300.3m		32.9%PE25.3x
VAHN Vaudoise Assurances HoldingCHF 660.000.5%
+CHF 8.7m		48.0%PE13x

Latest News

SREN
CHF 147.05
Swiss Re
7D
-1.3%
1Y
32.4%

Swiss Re AG Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Predictions

Aug 17
Swiss Re AG Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Predictions
ZURN
CHF 588.60
Zurich Insurance Group
7D
2.6%
1Y
21.8%
BALN
CHF 214.40
Baloise Holding
7D
3.2%
1Y
32.9%
SLHN
CHF 907.00
Swiss Life Holding
7D
2.2%
1Y
34.6%

Swiss Life Holding AG's (VTX:SLHN) Business Is Trailing The Market But Its Shares Aren't

Jul 25
Swiss Life Holding AG's (VTX:SLHN) Business Is Trailing The Market But Its Shares Aren't
HELN
CHF 214.00
Helvetia Holding
7D
2.8%
1Y
61.5%

Helvetia Holding AG's (VTX:HELN) Price In Tune With Earnings

Jun 24
Helvetia Holding AG's (VTX:HELN) Price In Tune With Earnings
VAHN
CHF 660.00
Vaudoise Assurances Holding
7D
0.5%
1Y
48.0%