Narrative Update • Jun 03

Over the last 7 days, the Reinsurance industry has risen 6.6%, driven by gains from every company within the industry. In the last 12 months, the industry was up 20%. As for the next few years, earnings are forecast to decline by 1.0% per annum.
Has the U.K. Reinsurance Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Tue, 16 Jun 2026 | UK£668.2m | UK£611.8m | UK£87.1m | 7.7x | 7.7x | 1.1x |
| Thu, 14 May 2026 | UK£670.5m | UK£606.6m | UK£86.4m | 7.8x | 7.8x | 1.1x |
| Sat, 11 Apr 2026 | UK£645.7m | UK£609.0m | UK£86.7m | 7.4x | 7.4x | 1.1x |
| Mon, 09 Mar 2026 | UK£643.4m | UK£612.6m | UK£87.2m | 7.4x | 7.4x | 1.1x |
| Wed, 04 Feb 2026 | UK£598.3m | UK£585.2m | UK£10.2m | 58.5x | 58.5x | 1x |
| Fri, 02 Jan 2026 | UK£605.7m | UK£594.9m | UK£10.4m | 58.3x | 58.3x | 1x |
| Sun, 30 Nov 2025 | UK£536.3m | UK£605.3m | UK£10.6m | 50.7x | 50.7x | 0.9x |
| Tue, 28 Oct 2025 | UK£553.2m | UK£601.1m | UK£10.5m | 52.7x | 52.7x | 0.9x |
| Thu, 25 Sep 2025 | UK£503.9m | UK£596.1m | UK£10.4m | 48.4x | 48.4x | 0.8x |
| Sat, 23 Aug 2025 | UK£467.1m | UK£593.0m | UK£10.4m | 45.1x | 45.1x | 0.8x |
| Mon, 21 Jul 2025 | UK£611.9m | UK£563.1m | UK£93.6m | 6.5x | 6.5x | 1.1x |
| Wed, 18 Jun 2025 | UK£600.1m | UK£562.5m | UK£93.5m | 6.4x | 6.4x | 1.1x |
| Fri, 16 May 2025 | UK£580.0m | UK£567.6m | UK£94.4m | 6.1x | 6.1x | 1x |
| Sun, 13 Apr 2025 | UK£541.6m | UK£577.7m | UK£96.1m | 5.6x | 5.6x | 0.9x |
| Tue, 11 Mar 2025 | UK£613.0m | UK£539.9m | UK£163.3m | 3.8x | 3.8x | 1.1x |
| Thu, 06 Feb 2025 | UK£710.3m | UK£555.7m | UK£168.1m | 4.2x | 4.2x | 1.3x |
| Sat, 04 Jan 2025 | UK£747.2m | UK£559.9m | UK£169.4m | 4.4x | 4.4x | 1.3x |
| Mon, 02 Dec 2024 | UK£758.2m | UK£545.5m | UK£165.0m | 4.6x | 4.6x | 1.4x |
| Wed, 30 Oct 2024 | UK£806.9m | UK£534.6m | UK£161.7m | 5x | 5x | 1.5x |
| Fri, 27 Sep 2024 | UK£839.8m | UK£518.3m | UK£156.8m | 5.4x | 5.4x | 1.6x |
| Sun, 25 Aug 2024 | UK£841.4m | UK£526.3m | UK£159.2m | 5.3x | 5.3x | 1.6x |
| Tue, 23 Jul 2024 | UK£796.2m | UK£686.0m | -UK£121,324,945.00 | 5.4x | -6.6x | 1.2x |
| Thu, 20 Jun 2024 | UK£824.4m | UK£697.6m | -UK£123,526,159.00 | 5.5x | -6.7x | 1.2x |
| Sat, 18 May 2024 | UK£832.8m | UK£698.2m | -UK£123,634,558.00 | 5.5x | -6.7x | 1.2x |
| Mon, 15 Apr 2024 | UK£792.2m | UK£712.8m | -UK£126,221,995.00 | 5.1x | -6.3x | 1.1x |
| Wed, 13 Mar 2024 | UK£846.2m | UK£693.4m | -UK£122,790,931.00 | 5.5x | -6.9x | 1.2x |
| Fri, 09 Feb 2024 | UK£758.0m | UK£688.6m | -UK£253,279,804.00 | 32.8x | -3x | 1.1x |
| Sun, 07 Jan 2024 | UK£769.3m | UK£516.2m | -UK£211,238,505.00 | 33x | -3.6x | 1.5x |
| Tue, 05 Dec 2023 | UK£786.5m | UK£519.9m | -UK£212,743,225.00 | 33.1x | -3.7x | 1.5x |
| Thu, 02 Nov 2023 | UK£745.9m | UK£541.6m | -UK£221,637,195.00 | 30.2x | -3.4x | 1.4x |
| Sat, 30 Sep 2023 | UK£951.7m | UK£537.7m | -UK£220,030,369.00 | 31.9x | -4.3x | 1.8x |
| Mon, 28 Aug 2023 | UK£921.2m | UK£521.6m | -UK£213,449,906.00 | 32x | -4.3x | 1.8x |
| Wed, 26 Jul 2023 | UK£941.5m | UK£396.3m | -UK£300,346,023.00 | n/a | -3.1x | 2.4x |
| Fri, 23 Jun 2023 | UK£751.4m | UK£336.9m | -UK£70,364,268.00 | n/a | -10.7x | 2.2x |
-10.7x
How does U.K. Reinsurance compare with similar industries?
| GB Market | 0.74% | |
| Financials | 2.15% | |
| Insurance | 3.71% | |
| Reinsurance | 2.62% | |
| Life and Health Insurance | 4.85% | |
| General Insurance | 3.57% | |
| Property and Casualty Insurance | 2.37% | |
| Insurance Brokers | 0% | 0 |
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| CRE Conduit Holdings | UK£4.51 | 2.6% +UK£17.0m | 17.0% | PE7.7x |