Narrative Update • Jun 17

Over the last 7 days, the Property and Casualty Insurance industry has dropped 2.0%, driven by Admiral Group declining 4.3%. In the past year, the industry has gained 17%. As for the next few years, earnings are expected to grow by 1.7% per annum.
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 |
|---|---|---|---|---|---|---|
| Tue, 23 Jun 2026 | UK£25.6b | UK£14.0b | UK£2.2b | 11.8x | 11.8x | 1.8x |
| Thu, 21 May 2026 | UK£26.1b | UK£13.8b | UK£2.1b | 12.2x | 12.2x | 1.9x |
| Sat, 18 Apr 2026 | UK£25.0b | UK£13.8b | UK£2.1b | 11.4x | 11.7x | 1.8x |
| Mon, 16 Mar 2026 | UK£24.3b | UK£14.0b | UK£2.2b | 10.8x | 11.3x | 1.7x |
| Wed, 11 Feb 2026 | UK£22.2b | UK£13.8b | UK£2.2b | 10x | 10.1x | 1.6x |
| Fri, 09 Jan 2026 | UK£20.5b | UK£14.0b | UK£2.2b | 9.4x | 9.2x | 1.5x |
| Sun, 07 Dec 2025 | UK£20.2b | UK£14.0b | UK£2.2b | 8.8x | 9x | 1.4x |
| Tue, 04 Nov 2025 | UK£21.8b | UK£14.1b | UK£2.3b | 9.5x | 9.7x | 1.5x |
| Thu, 02 Oct 2025 | UK£22.3b | UK£13.9b | UK£2.2b | 10.1x | 10x | 1.6x |
| Sat, 30 Aug 2025 | UK£22.0b | UK£13.9b | UK£2.2b | 9.4x | 10x | 1.6x |
| Mon, 28 Jul 2025 | UK£22.0b | UK£13.4b | UK£2.3b | 9.9x | 9.8x | 1.6x |
| Wed, 25 Jun 2025 | UK£25.8b | UK£18.1b | UK£2.4b | 9.9x | 10.8x | 1.4x |
| Fri, 23 May 2025 | UK£26.1b | UK£18.2b | UK£2.4b | 9.3x | 10.9x | 1.4x |
| Sun, 20 Apr 2025 | UK£24.7b | UK£18.3b | UK£2.4b | 8.8x | 10.2x | 1.4x |
| Tue, 18 Mar 2025 | UK£24.1b | UK£18.2b | UK£2.4b | 10.5x | 9.9x | 1.3x |
| Thu, 13 Feb 2025 | UK£22.8b | UK£16.4b | UK£2.7b | 11.1x | 8.6x | 1.4x |
| Sat, 11 Jan 2025 | UK£21.2b | UK£16.6b | UK£2.7b | 11x | 7.9x | 1.3x |
| Mon, 09 Dec 2024 | UK£22.4b | UK£16.2b | UK£2.6b | 10.7x | 8.5x | 1.4x |
| Wed, 06 Nov 2024 | UK£20.1b | UK£16.0b | UK£2.6b | 7x | 7.8x | 1.3x |
| Fri, 04 Oct 2024 | UK£21.4b | UK£16.0b | UK£2.6b | 7.8x | 8.3x | 1.3x |
| Sun, 01 Sep 2024 | UK£22.0b | UK£15.8b | UK£2.5b | 11.6x | 8.9x | 1.4x |
| Tue, 30 Jul 2024 | UK£20.9b | UK£14.8b | UK£2.2b | 12x | 9.6x | 1.4x |
| Thu, 27 Jun 2024 | UK£20.6b | UK£14.9b | UK£2.2b | 12.4x | 9.4x | 1.4x |
| Sat, 25 May 2024 | UK£21.3b | UK£14.9b | UK£2.2b | 12.6x | 9.7x | 1.4x |
| Mon, 22 Apr 2024 | UK£21.0b | UK£15.1b | UK£2.2b | 11.6x | 9.4x | 1.4x |
| Wed, 20 Mar 2024 | UK£21.8b | UK£15.7b | UK£1.8b | 7.6x | 11.8x | 1.4x |
| Fri, 16 Feb 2024 | UK£19.4b | UK£11.9b | UK£676.6m | 21x | 28.7x | 1.6x |
| Sun, 14 Jan 2024 | UK£18.8b | UK£11.8b | UK£671.7m | 21.1x | 27.9x | 1.6x |
| Tue, 12 Dec 2023 | UK£19.9b | UK£12.0b | UK£678.3m | 22.8x | 29.4x | 1.7x |
| Thu, 09 Nov 2023 | UK£18.8b | UK£12.1b | UK£686.9m | 20.7x | 27.4x | 1.6x |
| Sat, 07 Oct 2023 | UK£18.0b | UK£12.1b | UK£688.5m | 19.4x | 26.2x | 1.5x |
| Mon, 04 Sep 2023 | UK£18.3b | UK£11.3b | UK£741.1m | 19.8x | 24.7x | 1.6x |
| Wed, 02 Aug 2023 | UK£17.3b | UK£10.7b | UK£476.0m | 30.9x | 36.4x | 1.6x |
| Fri, 30 Jun 2023 | UK£17.2b | UK£10.7b | UK£477.7m | 31.8x | 36.1x | 1.6x |
36.1x
How does U.K. Property and Casualty Insurance compare with similar industries?
| GB Market | -0.40% | |
| Financials | 2.98% | |
| Insurance | 0.71% | |
| Property and Casualty Insurance | -1.00% | |
| General Insurance | 1.61% | |
| Life and Health Insurance | 1.49% | |
| Reinsurance | 1.00% | |
| Insurance Brokers | 0% | 0 |
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| HSX Hiscox | UK£17.97 | 2.4% +UK£135.1m | 42.2% | PE12.7x | |
| LRE Lancashire Holdings | UK£6.46 | 3.9% +UK£59.4m | 14.0% | PE7.1x | |
| BEZ Beazley | UK£12.85 | 0.08% +UK£5.9m | 39.1% | PE11x |