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German (DAX) Insurance Industry Analysis

UpdatedFeb 15, 2025
DataAggregated Company Financials
Companies8
  • 7D0.3%
  • 3M9.7%
  • 1Y25.9%
  • YTD6.2%

The Insurance industry is up 3.1% in the last week, with Allianz up 4.2%. In the last 12 months, the industry was up 29%. As for the next few years, earnings are expected to grow by 5.7% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sat, 15 Feb 2025€246.6b€246.3b€19.4b13.3x12.7x1x
Mon, 13 Jan 2025€231.6b€218.9b€17.2b12.4x13.5x1.1x
Wed, 11 Dec 2024€235.1b€246.3b€19.4b12.9x12.1x1x
Fri, 08 Nov 2024€223.6b€248.9b€18.8b13.6x11.9x0.9x
Sun, 06 Oct 2024€227.5b€248.9b€18.8b13.8x12.1x0.9x
Tue, 03 Sep 2024€228.4b€248.9b€18.8b15x12.1x0.9x
Thu, 01 Aug 2024€209.6b€240.5b€18.1b12.9x11.6x0.9x
Sat, 29 Jun 2024€213.0b€240.5b€18.1b12.8x11.8x0.9x
Mon, 27 May 2024€213.3b€240.5b€18.1b13x11.8x0.9x
Wed, 24 Apr 2024€212.5b€238.1b€16.6b12.6x12.8x0.9x
Fri, 22 Mar 2024€217.4b€254.5b€16.6b12x13.1x0.9x
Sun, 18 Feb 2024€198.4b€267.4b€14.6b11.2x13.6x0.7x
Tue, 16 Jan 2024€193.0b€267.4b€14.6b11.5x13.3x0.7x
Thu, 14 Dec 2023€197.8b€267.4b€14.6b11.8x13.6x0.7x
Sat, 11 Nov 2023€179.8b€277.8b€14.8b11.7x12.2x0.6x
Mon, 09 Oct 2023€183.1b€279.8b€14.6b11.8x12.6x0.7x
Wed, 06 Sep 2023€179.1b€290.1b€14.5b12.8x12.3x0.6x
Fri, 04 Aug 2023€170.7b€272.3b€14.7b12.6x11.6x0.6x
Sun, 02 Jul 2023€171.6b€272.3b€14.7b12.5x11.7x0.6x
Tue, 30 May 2023€167.8b€272.2b€14.7b13x11.4x0.6x
Thu, 27 Apr 2023€172.8b€267.4b€13.0b13.5x13.3x0.6x
Sat, 25 Mar 2023€159.6b€269.8b€13.0b12.6x12.3x0.6x
Mon, 20 Feb 2023€169.1b€261.0b€9.8b18.7x17.2x0.6x
Wed, 18 Jan 2023€169.4b€261.0b€9.8b18.9x17.3x0.6x
Fri, 16 Dec 2022€157.3b€261.0b€9.8b18x16x0.6x
Sun, 13 Nov 2022€154.0b€258.4b€9.4b18.4x16.4x0.6x
Tue, 11 Oct 2022€130.7b€255.3b€9.2b15.9x14.2x0.5x
Thu, 08 Sep 2022€132.7b€257.9b€9.2b14.3x14.4x0.5x
Sat, 06 Aug 2022€131.9b€262.2b€11.9b11.1x11.1x0.5x
Mon, 04 Jul 2022€134.5b€261.0b€10.1b14x13.4x0.5x
Wed, 01 Jun 2022€140.7b€261.0b€10.1b14.4x14x0.5x
Fri, 29 Apr 2022€152.1b€262.1b€12.2b12.1x12.5x0.6x
Sun, 27 Mar 2022€151.5b€262.1b€12.1b12.2x12.5x0.6x
Tue, 22 Feb 2022€155.1b€264.4b€13.3b11.8x11.7x0.6x
Price to Earnings Ratio

11.7x


Total Market Cap: €155.1bTotal Earnings: €13.3bTotal Revenue: €264.4bTotal Market Cap vs Earnings and Revenue0%0%0%
German Insurance Industry Price to Earnings3Y Average 13.1x202320242025
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 13.1x.
  • The 3-year average PS ratio of 0.70x is lower than the industry's current PS ratio of 1.0x.
Past Earnings Growth
  • The earnings for companies in the Insurance industry have grown 13% per year over the last three years.
  • Meanwhile revenues for these companies have declined 2.3% 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 German Financials industry?

DE Market2.73%
Financials0.97%
Insurance0.29%
General Insurance1.20%
Life and Health Insurance0.33%
Insurance Brokers0%0
Property and Casualty Insurance0%0
Reinsurance-1.03%
Industry PE
  • Investors are most optimistic about the Life and Health Insurance industry which is trading above its 3-year average PE ratio of 6.0x.
    • Analysts are expecting annual earnings growth of 25.4%, which is higher than its past year's earnings decline of 72.8% per year.
  • Investors are most pessimistic about the Reinsurance industry, which is trading below its 3-year average of 14.1x.
Forecasted Growth
  • Analysts are most optimistic on the Life and Health Insurance industry, expecting annual earnings growth of 25% over the next 5 years.
  • This is better than its past earnings decline of 73% per year.
  • In contrast, the Reinsurance industry is expected to see its earnings grow by 4.4% 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
ALV Allianz€322.201.2%
+€1.5b
30.4%PE13.1x
TLX Talanx€84.201.3%
+€283.7m
28.2%PE11.5x
WUW Wüstenrot & Württembergische€12.200.3%
+€3.7m
-9.2%PE26.8x
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