Narrative Update • Jun 17

Over the last 7 days, the Property and Casualty Insurance industry has dropped 2.1%, driven by a pullback from Admiral Group of 6.1%. This takes the industry's 12 month performance to a gain of 16%. 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 |
|---|---|---|---|---|---|---|
| Mon, 22 Jun 2026 | UK£25.3b | UK£14.0b | UK£2.2b | 11.8x | 11.7x | 1.8x |
| Wed, 20 May 2026 | UK£26.0b | UK£13.9b | UK£2.1b | 12.2x | 12.1x | 1.9x |
| Fri, 17 Apr 2026 | UK£24.9b | UK£13.8b | UK£2.1b | 11.4x | 11.7x | 1.8x |
| Sun, 15 Mar 2026 | UK£24.3b | UK£14.0b | UK£2.2b | 10.8x | 11.3x | 1.7x |
| Tue, 10 Feb 2026 | UK£22.7b | UK£13.8b | UK£2.2b | 10.2x | 10.3x | 1.6x |
| Thu, 08 Jan 2026 | UK£20.4b | UK£13.9b | UK£2.2b | 9.4x | 9.2x | 1.5x |
| Sat, 06 Dec 2025 | UK£20.2b | UK£14.0b | UK£2.2b | 8.8x | 9x | 1.4x |
| Mon, 03 Nov 2025 | UK£22.0b | UK£14.2b | UK£2.3b | 9.7x | 9.8x | 1.6x |
| Wed, 01 Oct 2025 | UK£22.2b | UK£14.0b | UK£2.2b | 9.9x | 10x | 1.6x |
| Fri, 29 Aug 2025 | UK£22.1b | UK£13.9b | UK£2.2b | 9.4x | 10x | 1.6x |
| Sun, 27 Jul 2025 | UK£22.0b | UK£13.4b | UK£2.3b | 9.9x | 9.8x | 1.6x |
| Tue, 24 Jun 2025 | UK£25.9b | UK£18.1b | UK£2.4b | 9.7x | 10.8x | 1.4x |
| Thu, 22 May 2025 | UK£25.5b | UK£18.2b | UK£2.4b | 9.4x | 10.6x | 1.4x |
| Sat, 19 Apr 2025 | UK£24.7b | UK£18.3b | UK£2.4b | 8.8x | 10.2x | 1.4x |
| Mon, 17 Mar 2025 | UK£23.9b | UK£18.2b | UK£2.5b | 10.6x | 9.7x | 1.3x |
| Wed, 12 Feb 2025 | UK£22.8b | UK£16.4b | UK£2.7b | 11.2x | 8.6x | 1.4x |
| Fri, 10 Jan 2025 | UK£21.8b | UK£16.5b | UK£2.7b | 11.1x | 8.1x | 1.3x |
| Sun, 08 Dec 2024 | UK£22.4b | UK£16.2b | UK£2.6b | 10.7x | 8.5x | 1.4x |
| Tue, 05 Nov 2024 | UK£20.1b | UK£16.1b | UK£2.6b | 7x | 7.8x | 1.3x |
| Thu, 03 Oct 2024 | UK£21.4b | UK£15.9b | UK£2.5b | 8x | 8.4x | 1.3x |
| Sat, 31 Aug 2024 | UK£22.0b | UK£15.8b | UK£2.5b | 11.6x | 8.9x | 1.4x |
| Mon, 29 Jul 2024 | UK£20.9b | UK£14.8b | UK£2.2b | 11.8x | 9.6x | 1.4x |
| Wed, 26 Jun 2024 | UK£20.8b | UK£14.9b | UK£2.2b | 12.4x | 9.5x | 1.4x |
| Fri, 24 May 2024 | UK£21.0b | UK£14.9b | UK£2.2b | 12.6x | 9.6x | 1.4x |
| Sun, 21 Apr 2024 | UK£21.0b | UK£15.1b | UK£2.2b | 11.6x | 9.4x | 1.4x |
| Tue, 19 Mar 2024 | UK£21.6b | UK£15.7b | UK£1.8b | 7.6x | 11.7x | 1.4x |
| Thu, 15 Feb 2024 | UK£19.1b | UK£11.9b | UK£677.8m | 20.8x | 28.2x | 1.6x |
| Sat, 13 Jan 2024 | UK£18.8b | UK£11.8b | UK£671.7m | 21.1x | 27.9x | 1.6x |
| Mon, 11 Dec 2023 | UK£20.0b | UK£12.0b | UK£678.3m | 22.8x | 29.4x | 1.7x |
| Wed, 08 Nov 2023 | UK£18.7b | UK£12.1b | UK£687.1m | 20.5x | 27.2x | 1.5x |
| Fri, 06 Oct 2023 | UK£17.5b | UK£12.1b | UK£692.0m | 19.2x | 25.3x | 1.4x |
| Sun, 03 Sep 2023 | UK£18.3b | UK£11.3b | UK£741.1m | 19.8x | 24.7x | 1.6x |
| Tue, 01 Aug 2023 | UK£17.5b | UK£10.6b | UK£474.7m | 31.5x | 36.9x | 1.6x |
| Thu, 29 Jun 2023 | UK£17.6b | UK£10.7b | UK£477.4m | 32x | 36.9x | 1.6x |
36.9x
How does U.K. Property and Casualty Insurance compare with similar industries?
| GB Market | -1.12% | |
| Financials | 1.35% | |
| Insurance | -0.25% | |
| Property and Casualty Insurance | -1.98% | |
| General Insurance | 0.75% | |
| Life and Health Insurance | 0.52% | |
| Insurance Brokers | 0% | 0 |
| Reinsurance | -1.75% | |
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| HSX Hiscox | UK£17.80 | 1.1% +UK£61.1m | 40.3% | PE12.5x | |
| LRE Lancashire Holdings | UK£6.38 | 2.9% +UK£43.7m | 11.9% | PE7x | |
| BEZ Beazley | UK£12.85 | 0.1% +UK£8.9m | 37.5% | PE11x |