Narrative Update • Jul 23

The Property and Casualty Insurance industry is up 2.7% in the last week, with Admiral Group up 7.1%. This means that the industry has gained 26% over the past year. Earnings are forecast to grow by 1.8% 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, 30 Jul 2026 | UK£27.1b | UK£13.9b | UK£2.1b | 12.3x | 12.6x | 1.9x |
| Sat, 27 Jun 2026 | UK£26.4b | UK£14.0b | UK£2.2b | 12x | 12.2x | 1.9x |
| Mon, 25 May 2026 | UK£26.1b | UK£13.8b | UK£2.1b | 12.1x | 12.2x | 1.9x |
| Wed, 22 Apr 2026 | UK£25.2b | UK£13.8b | UK£2.1b | 11.4x | 11.8x | 1.8x |
| Fri, 20 Mar 2026 | UK£24.1b | UK£13.9b | UK£2.1b | 10.9x | 11.3x | 1.7x |
| Sun, 15 Feb 2026 | UK£22.5b | UK£13.8b | UK£2.2b | 10.2x | 10.2x | 1.6x |
| Tue, 13 Jan 2026 | UK£20.5b | UK£13.9b | UK£2.2b | 9.4x | 9.2x | 1.5x |
| Thu, 11 Dec 2025 | UK£20.0b | UK£14.0b | UK£2.2b | 8.9x | 9x | 1.4x |
| Sat, 08 Nov 2025 | UK£21.7b | UK£14.1b | UK£2.3b | 9.6x | 9.6x | 1.5x |
| Mon, 06 Oct 2025 | UK£21.9b | UK£13.9b | UK£2.2b | 10x | 9.9x | 1.6x |
| Wed, 03 Sep 2025 | UK£21.6b | UK£14.0b | UK£2.2b | 9.2x | 9.7x | 1.5x |
| Fri, 01 Aug 2025 | UK£22.1b | UK£13.5b | UK£2.3b | 9.8x | 9.7x | 1.6x |
| Sun, 29 Jun 2025 | UK£25.8b | UK£18.0b | UK£2.4b | 10.2x | 10.9x | 1.4x |
| Tue, 27 May 2025 | UK£26.0b | UK£18.1b | UK£2.4b | 9.2x | 10.9x | 1.4x |
| Thu, 24 Apr 2025 | UK£24.7b | UK£18.3b | UK£2.4b | 8.8x | 10.2x | 1.4x |
| Sat, 22 Mar 2025 | UK£23.5b | UK£18.5b | UK£2.5b | 10.6x | 9.6x | 1.3x |
| Mon, 17 Feb 2025 | UK£22.7b | UK£16.3b | UK£2.6b | 11x | 8.6x | 1.4x |
| Wed, 15 Jan 2025 | UK£21.3b | UK£16.6b | UK£2.7b | 11x | 7.9x | 1.3x |
| Fri, 13 Dec 2024 | UK£22.1b | UK£16.2b | UK£2.6b | 10.6x | 8.4x | 1.4x |
| Sun, 10 Nov 2024 | UK£20.0b | UK£16.1b | UK£2.6b | 7.1x | 7.7x | 1.2x |
| Tue, 08 Oct 2024 | UK£21.0b | UK£16.0b | UK£2.6b | 7.8x | 8.2x | 1.3x |
| Thu, 05 Sep 2024 | UK£22.3b | UK£15.8b | UK£2.5b | 11.5x | 9x | 1.4x |
| Sat, 03 Aug 2024 | UK£20.6b | UK£14.9b | UK£2.2b | 11.2x | 9.4x | 1.4x |
| Mon, 01 Jul 2024 | UK£20.9b | UK£14.9b | UK£2.2b | 12.4x | 9.5x | 1.4x |
| Wed, 29 May 2024 | UK£20.9b | UK£14.9b | UK£2.2b | 12.5x | 9.6x | 1.4x |
| Fri, 26 Apr 2024 | UK£20.8b | UK£15.0b | UK£2.2b | 11.7x | 9.4x | 1.4x |
| Sun, 24 Mar 2024 | UK£22.0b | UK£15.6b | UK£2.2b | 13x | 10x | 1.4x |
| Tue, 20 Feb 2024 | UK£19.2b | UK£11.9b | UK£676.6m | 20.9x | 28.4x | 1.6x |
| Thu, 18 Jan 2024 | UK£18.7b | UK£11.9b | UK£673.7m | 20.9x | 27.8x | 1.6x |
| Sat, 16 Dec 2023 | UK£19.3b | UK£11.9b | UK£674.0m | 21.7x | 28.6x | 1.6x |
| Mon, 13 Nov 2023 | UK£19.0b | UK£12.1b | UK£689.4m | 20.8x | 27.5x | 1.6x |
| Wed, 11 Oct 2023 | UK£18.1b | UK£12.1b | UK£687.4m | 19.6x | 26.4x | 1.5x |
| Fri, 08 Sep 2023 | UK£18.1b | UK£11.4b | UK£744.7m | 19.3x | 24.3x | 1.6x |
| Sun, 06 Aug 2023 | UK£17.2b | UK£10.7b | UK£473.2m | 38.1x | 36.3x | 1.6x |
36.3x
How does U.K. Property and Casualty Insurance compare with similar industries?
| GB Market | 1.47% | |
| Financials | -0.25% | |
| Insurance | 0.70% | |
| Property and Casualty Insurance | 2.66% | |
| Reinsurance | 3.58% | |
| Insurance Brokers | 0% | 0 |
| General Insurance | -0.16% | |
| Life and Health Insurance | -0.24% | |
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| ADM Admiral Group | UK£37.98 | 7.1% +UK£768.9m | 13.8% | PE15.5x | |
| BEZ Beazley | UK£12.91 | 0.2% +UK£14.8m | 45.7% | PE11.1x |