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German (DAX) Insurance Industry Analysis

UpdatedMar 02, 2026
DataAggregated Company Financials
Companies9
  • 7D1.3%
  • 3M2.3%
  • 1Y9.3%
  • YTD-0.4%

Over the last 7 days, the Insurance industry has risen 1.3%, driven by gains from RheinLand Holding of 3.2%. In the same time, Allianz was down 5.7%. This means that the industry has gained 9.3% over the past year. As for the next few years, earnings are expected to grow by 5.5% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Wed, 04 Mar 2026€277.9b€253.5b€21.1b12.2x13.2x1.1x
Fri, 30 Jan 2026€265.2b€248.0b€21.6b11.6x12.3x1.1x
Sun, 28 Dec 2025€285.2b€248.0b€21.6b12.8x13.2x1.1x
Tue, 25 Nov 2025€268.3b€248.0b€21.6b12.2x12.4x1.1x
Thu, 23 Oct 2025€266.4b€256.4b€20.1b12.9x13.3x1x
Sat, 20 Sep 2025€260.5b€256.4b€20.1b13x13x1x
Mon, 18 Aug 2025€280.9b€257.4b€20.0b14x14x1.1x
Wed, 16 Jul 2025€264.7b€251.8b€18.6b14.8x14.2x1.1x
Fri, 13 Jun 2025€269.4b€251.8b€18.6b15x14.5x1.1x
Sun, 11 May 2025€280.2b€247.4b€19.7b14.4x14.2x1.1x
Tue, 08 Apr 2025€243.0b€247.6b€19.7b12.2x12.3x1x
Thu, 06 Mar 2025€263.8b€252.3b€19.7b13.2x13.4x1x
Sat, 01 Feb 2025€244.0b€246.3b€19.4b13.1x12.6x1x
Mon, 30 Dec 2024€231.2b€246.3b€19.4b12.6x11.9x0.9x
Wed, 27 Nov 2024€229.2b€246.3b€19.4b12.7x11.8x0.9x
Fri, 25 Oct 2024€226.7b€248.9b€18.8b13.8x12x0.9x
Sun, 22 Sep 2024€229.3b€249.3b€18.8b13.3x12.2x0.9x
Tue, 20 Aug 2024€217.5b€249.0b€19.0b13x11.4x0.9x
Thu, 18 Jul 2024€211.6b€240.5b€18.1b13.2x11.7x0.9x
Sat, 15 Jun 2024€207.5b€240.5b€18.1b12.8x11.4x0.9x
Mon, 13 May 2024€213.2b€238.9b€17.5b13.5x12.2x0.9x
Wed, 10 Apr 2024€207.1b€247.6b€16.6b12.2x12.5x0.8x
Fri, 08 Mar 2024€208.4b€262.7b€14.7b11.9x14.1x0.8x
Sun, 04 Feb 2024€194.6b€267.4b€14.6b11.7x13.4x0.7x
Tue, 02 Jan 2024€190.5b€267.4b€14.6b11.5x13.1x0.7x
Thu, 30 Nov 2023€188.4b€267.4b€14.6b11.1x12.9x0.7x
Sat, 28 Oct 2023€179.8b€279.8b€14.6b11.7x12.3x0.6x
Mon, 25 Sep 2023€185.8b€291.3b€14.6b11.3x12.8x0.6x
Wed, 23 Aug 2023€177.4b€290.1b€14.5b12.2x12.2x0.6x
Fri, 21 Jul 2023€171.5b€272.3b€14.7b12.4x11.7x0.6x
Sun, 18 Jun 2023€168.4b€272.3b€14.7b12.9x11.5x0.6x
Tue, 16 May 2023€167.3b€267.4b€13.0b12.9x12.9x0.6x
Thu, 13 Apr 2023€169.4b€267.4b€13.0b13.3x13.1x0.6x
Sat, 11 Mar 2023€168.9b€267.3b€12.9b14.1x13.1x0.6x
Price to Earnings Ratio

13.1x


Total Market Cap: €168.9bTotal Earnings: €12.9bTotal Revenue: €267.3bTotal Market Cap vs Earnings and Revenue0%0%0%
German Insurance Industry Price to Earnings3Y Average 12.8x202420252026
Current Industry PE
  • Investors are relatively neutral on the German 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 12.8x.
  • The 3-year average PS ratio of 0.88x is lower than the industry's current PS ratio of 1.1x.
Past Earnings Growth
  • The earnings for companies in the Insurance industry have grown 19% 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 German Financials industry?

DE Market0.50%
Financials1.16%
Insurance1.34%
Reinsurance2.69%
Life and Health Insurance1.35%
General Insurance0.57%
Insurance Brokers0%0
Industry PE
  • Investors are most optimistic about the General Insurance industry which is trading above its 3-year average PE ratio of 12.3x.
    • Analysts are expecting annual earnings growth of 6.7%, which is lower than the prior year's growth of 11.7% per year.
  • Investors are most pessimistic about the Life and Health Insurance industry, which is trading close to its 3-year average of 11.9x.
Forecasted Growth
  • Analysts are most optimistic on the Life and Health Insurance industry, expecting annual earnings growth of 15% over the next 5 years.
  • In contrast, the Reinsurance industry is expected to see its earnings grow by 3.3% 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
RLV RheinLand Holding€32.003.2%
+€3.8m
23.1%PE20.1x
DFV DFV Deutsche Familienversicherung€7.051.4%
+€1.5m
17.5%PS0.7x

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