Narrative Update • Aug 19

Over the last 7 days, the Property and Casualty Insurance industry has remained flat, although notably Admiral Group declined by 4.7%. The past year has been better, since the industry has gained 29% in that time. Looking forward, earnings are forecast to grow by 5.9% annually.
Has the U.K. Property and Casualty Insurance Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Thu, 03 Sep 2026 | UK£27.7b | UK£13.7b | UK£1.9b | 13.9x | 14.4x | 2x |
| Sat, 01 Aug 2026 | UK£27.0b | UK£13.8b | UK£2.2b | 12.3x | 12.5x | 2x |
| Mon, 29 Jun 2026 | UK£26.4b | UK£14.0b | UK£2.2b | 12x | 12.2x | 1.9x |
| Wed, 27 May 2026 | UK£25.8b | UK£13.8b | UK£2.1b | 12.1x | 12.1x | 1.9x |
| Fri, 24 Apr 2026 | UK£24.9b | UK£13.8b | UK£2.1b | 11.2x | 11.7x | 1.8x |
| Sun, 22 Mar 2026 | UK£23.9b | UK£13.9b | UK£2.1b | 10.9x | 11.1x | 1.7x |
| Tue, 17 Feb 2026 | UK£22.6b | UK£13.8b | UK£2.2b | 10.2x | 10.2x | 1.6x |
| Thu, 15 Jan 2026 | UK£20.3b | UK£14.0b | UK£2.2b | 9.3x | 9.1x | 1.5x |
| Sat, 13 Dec 2025 | UK£20.4b | UK£14.0b | UK£2.2b | 9.1x | 9.2x | 1.5x |
| Mon, 10 Nov 2025 | UK£21.7b | UK£14.1b | UK£2.3b | 9.6x | 9.6x | 1.5x |
| Wed, 08 Oct 2025 | UK£22.3b | UK£14.0b | UK£2.2b | 10.1x | 10x | 1.6x |
| Fri, 05 Sep 2025 | UK£21.4b | UK£14.0b | UK£2.2b | 9.3x | 9.6x | 1.5x |
| Sun, 03 Aug 2025 | UK£22.0b | UK£13.5b | UK£2.3b | 9.1x | 9.6x | 1.6x |
| Tue, 01 Jul 2025 | UK£25.7b | UK£18.0b | UK£2.4b | 10.2x | 10.9x | 1.4x |
| Thu, 29 May 2025 | UK£25.8b | UK£18.2b | UK£2.4b | 9.1x | 10.8x | 1.4x |
| Sat, 26 Apr 2025 | UK£24.4b | UK£18.2b | UK£2.4b | 8.7x | 10.1x | 1.3x |
| Mon, 24 Mar 2025 | UK£23.5b | UK£18.5b | UK£2.5b | 10.6x | 9.6x | 1.3x |
| Wed, 19 Feb 2025 | UK£22.8b | UK£16.3b | UK£2.6b | 10.9x | 8.6x | 1.4x |
| Fri, 17 Jan 2025 | UK£22.1b | UK£16.5b | UK£2.7b | 11.3x | 8.2x | 1.3x |
| Sun, 15 Dec 2024 | UK£22.4b | UK£16.3b | UK£2.6b | 10.6x | 8.5x | 1.4x |
| Tue, 12 Nov 2024 | UK£20.1b | UK£16.1b | UK£2.6b | 6.9x | 7.7x | 1.2x |
| Thu, 10 Oct 2024 | UK£21.0b | UK£16.0b | UK£2.6b | 7.8x | 8.2x | 1.3x |
| Sat, 07 Sep 2024 | UK£21.6b | UK£15.9b | UK£2.6b | 7.9x | 8.4x | 1.4x |
| Mon, 05 Aug 2024 | UK£20.5b | UK£14.9b | UK£2.2b | 11.2x | 9.4x | 1.4x |
| Wed, 03 Jul 2024 | UK£20.4b | UK£14.9b | UK£2.2b | 12.3x | 9.3x | 1.4x |
| Fri, 31 May 2024 | UK£21.2b | UK£14.9b | UK£2.2b | 12.4x | 9.7x | 1.4x |
| Sun, 28 Apr 2024 | UK£20.7b | UK£15.0b | UK£2.2b | 11.6x | 9.4x | 1.4x |
| Tue, 26 Mar 2024 | UK£21.6b | UK£15.3b | UK£2.2b | 11.7x | 9.9x | 1.4x |
| Thu, 22 Feb 2024 | UK£19.3b | UK£11.9b | UK£675.4m | 21x | 28.6x | 1.6x |
| Sat, 20 Jan 2024 | UK£18.6b | UK£11.9b | UK£673.1m | 20.6x | 27.7x | 1.6x |
| Mon, 18 Dec 2023 | UK£19.3b | UK£11.9b | UK£674.0m | 21.7x | 28.6x | 1.6x |
| Wed, 15 Nov 2023 | UK£19.1b | UK£12.0b | UK£680.5m | 20.8x | 28.1x | 1.6x |
| Fri, 13 Oct 2023 | UK£17.9b | UK£12.2b | UK£691.3m | 19.6x | 25.9x | 1.5x |
| Sun, 10 Sep 2023 | UK£18.3b | UK£12.0b | UK£680.6m | 19.2x | 26.9x | 1.5x |
26.9x
How does U.K. Property and Casualty Insurance compare with similar industries?
| GB Market | -1.31% | |
| Financials | -0.54% | |
| Insurance | -1.73% | |
| Property and Casualty Insurance | -1.69% | |
| Reinsurance | 1.27% | |
| Insurance Brokers | 0% | 0 |
| General Insurance | -0.036% | |
| Life and Health Insurance | -2.55% | |
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| HSX Hiscox | UK£18.62 | 1.5% +UK£86.2m | 46.3% | PE12.5x | |
| LRE Lancashire Holdings | UK£6.21 | 1.7% +UK£25.5m | 5.4% | PE6.3x | |
| BEZ Beazley | UK£12.98 | 0.08% +UK£6.0m | 68.6% | PE15.4x |