Investing IdeasBrowse All StocksMarkets
Have your own idea? Try our Stock Screener
Header cover image

Swiss (SMI) Insurance Industry Analysis

UpdatedJun 16, 2026
DataAggregated Company Financials
Companies5
  • 7D4.0%
  • 3M0.07%
  • 1Y1.1%
  • YTD-4.9%

All of the companies in the Insurance industry have been up over the last week, with the industry up 4.0%. Overall in the last year, the industry is flat. Looking forward, earnings are forecast to grow by 6.8% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 16 Jun 2026CHF 168.4bCHF 115.4bCHF 11.2b15.8x15x1.5x
Thu, 14 May 2026CHF 165.9bCHF 113.9bCHF 11.0b15.8x15x1.5x
Sat, 11 Apr 2026CHF 160.3bCHF 113.2bCHF 10.9b15.5x14.7x1.4x
Mon, 09 Mar 2026CHF 152.1bCHF 112.9bCHF 10.7b15x14.2x1.3x
Wed, 04 Feb 2026CHF 152.6bCHF 110.4bCHF 10.2b17.5x15x1.4x
Fri, 02 Jan 2026CHF 164.0bCHF 112.5bCHF 10.4b18.4x15.8x1.5x
Sun, 30 Nov 2025CHF 171.3bCHF 119.7bCHF 10.9b19x15.7x1.4x
Tue, 28 Oct 2025CHF 173.1bCHF 119.2bCHF 9.9b18.6x17.4x1.5x
Thu, 25 Sep 2025CHF 165.5bCHF 119.2bCHF 9.9b18.1x16.7x1.4x
Sat, 23 Aug 2025CHF 177.1bCHF 120.1bCHF 9.9b19.6x17.9x1.5x
Mon, 21 Jul 2025CHF 167.4bCHF 119.3bCHF 9.6b18.3x17.5x1.4x
Wed, 18 Jun 2025CHF 161.8bCHF 121.0bCHF 9.7b17.7x16.7x1.3x
Fri, 16 May 2025CHF 170.7bCHF 123.6bCHF 9.7b18.3x17.5x1.4x
Sun, 13 Apr 2025CHF 155.8bCHF 121.4bCHF 9.6b16.7x16.3x1.3x
Tue, 11 Mar 2025CHF 169.4bCHF 128.4bCHF 9.9b18x17x1.3x
Thu, 06 Feb 2025CHF 159.0bCHF 139.1bCHF 8.8b18.8x18.1x1.1x
Sat, 04 Jan 2025CHF 154.1bCHF 140.1bCHF 8.9b18.1x17.4x1.1x
Mon, 02 Dec 2024CHF 155.6bCHF 136.5bCHF 8.6b18.7x18x1.1x
Wed, 30 Oct 2024CHF 144.5bCHF 139.6bCHF 9.1b18.1x15.9x1x
Fri, 27 Sep 2024CHF 145.2bCHF 136.8bCHF 8.9b18.2x16.4x1.1x
Sun, 25 Aug 2024CHF 139.3bCHF 136.2bCHF 8.9b17.3x15.7x1x
Tue, 23 Jul 2024CHF 133.3bCHF 137.5bCHF 8.9b17.6x15x1x
Thu, 20 Jun 2024CHF 135.5bCHF 136.9bCHF 8.8b17.7x15.4x1x
Sat, 18 May 2024CHF 132.8bCHF 139.8bCHF 9.0b16.9x14.7x0.9x
Mon, 15 Apr 2024CHF 127.8bCHF 138.6bCHF 8.6b16.4x14.8x0.9x
Wed, 13 Mar 2024CHF 135.5bCHF 146.8bCHF 9.3b11.9x14.6x0.9x
Fri, 09 Feb 2024CHF 123.7bCHF 122.8bCHF 9.6b11x12.8x1x
Sun, 07 Jan 2024CHF 121.7bCHF 120.6bCHF 9.4b10.6x12.9x1x
Tue, 05 Dec 2023CHF 122.9bCHF 122.7bCHF 9.6b10.7x12.8x1x
Thu, 02 Nov 2023CHF 121.8bCHF 125.3bCHF 8.6b11.5x14.2x1x
Sat, 30 Sep 2023CHF 119.1bCHF 127.4bCHF 8.6b11.4x13.8x0.9x
Mon, 28 Aug 2023CHF 113.8bCHF 121.6bCHF 8.4b11.8x13.5x0.9x
Wed, 26 Jul 2023CHF 119.2bCHF 116.1bCHF 7.8b11.7x15.2x1x
Fri, 23 Jun 2023CHF 117.1bCHF 119.0bCHF 8.0b11.4x14.6x1x
Price to Earnings Ratio

14.6x


Total Market Cap: CHF 117.1bTotal Earnings: CHF 8.0bTotal Revenue: CHF 119.0bTotal Market Cap vs Earnings and Revenue0%0%0%
Swiss Insurance Industry Price to Earnings3Y Average 15.5x202420252026
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 15.5x.
  • 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 Market2.51%
Financials3.08%
Insurance3.98%
General Insurance4.36%
Life and Health Insurance4.03%
Reinsurance2.79%
Industry PE
  • Investors are most optimistic about the Life and Health Insurance industry which is trading above its 3-year average PE ratio of 17.2x.
    • Analysts are expecting annual earnings growth of 5.8%, 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 13.0x.
Forecasted Growth
  • Analysts are most optimistic on the General Insurance industry, expecting annual earnings growth of 11% 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 decline by 4.5% 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 576.804.0%
+CHF 3.3b		3.5%PE16x
SREN Swiss ReCHF 122.553.3%
+CHF 1.2b		-9.6%PE9.3x
SLHN Swiss Life HoldingCHF 875.203.6%
+CHF 855.1m		9.5%PE19.9x
HBAN Helvetia Baloise HoldingCHF 207.003.8%
+CHF 752.9m		12.3%PE37.6x
VAHN Vaudoise Assurances HoldingCHF 785.003.2%
+CHF 69.5m		32.8%PE14.5x

Latest News

SREN
CHF 122.55
Swiss Re
7D
3.3%
1Y
-9.6%
HBAN
CHF 207.00
Helvetia Baloise Holding
7D
3.8%
1Y
12.3%
Narrative Update • Jun 09

HBAN: Higher Dividend And Refined P E Framework Will Drive Future Repricing

Analysts have lifted their price target on Helvetia Baloise Holding by CHF 10 to reflect updated assumptions on growth, profitability and P/E, supported by recent research pointing to a revised fair value of CHF 267.00. What's in the News Shareholders approved all amendments to the Articles of Association for Helvetia Baloise Holding AG, confirming changes to the company bylaws and governance framework.
SLHN
CHF 875.20
Swiss Life Holding
7D
3.6%
1Y
9.5%
Narrative Update • Jun 07

SLHN: Earnings Beat And Buybacks Likely Keep Upside And Risks Balanced

Analysts have nudged their price targets for Swiss Life higher, with the latest CHF 10 and CHF 3.17 upward revisions contributing to a modest increase in the intrinsic value estimate to CHF 852.13. This change is underpinned by slightly stronger assumptions for revenue growth, profit margins and a marginally lower discount rate.
ZURN
CHF 576.80
Zurich Insurance Group
7D
4.0%
1Y
3.5%
Narrative Update • Jun 05

ZURN: Future Returns Will Reflect Beazley Integration And Persistent Cyclical Pricing Pressures

Analysts have modestly raised the fair value estimate for Zurich Insurance Group, with the updated price target moving from CHF 574.68 to CHF 580.51 as they factor in slightly higher projected revenue growth, stable margins and neutral ratings that acknowledge both new growth opportunities and ongoing pricing pressures. Analyst Commentary Recent research coverage has coalesced around neutral ratings, with analysts broadly agreeing that Zurich Insurance Group offers a balanced mix of growth opportunities and execution risks.
VAHN
CHF 785.00
Vaudoise Assurances Holding
7D
3.2%
1Y
32.8%