Have your own idea? Try our Stock Screener
Jamaican (JSE) Insurance Industry Analysis
UpdatedMar 14, 2025
DataAggregated Company Financials
Companies5
- 7D0.09%
- 3M10.9%
- 1Y4.2%
- YTD2.2%
Over the last 7 days, the Insurance industry has remained flat, although notably IronRock Insurance declined by 20%. As for the the longer term, the industry is up 3.4% over the past 12 months.
Industry Valuation and Performance
Has the Jamaican Insurance Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Fri, 14 Mar 2025 | JA$174.5b | JA$121.0b | JA$9.7b | 17.9x | 18x | 1.4x |
| Sun, 09 Feb 2025 | JA$170.8b | JA$115.9b | JA$11.6b | 13.1x | 14.8x | 1.5x |
| Tue, 07 Jan 2025 | JA$165.0b | JA$115.9b | JA$11.6b | 13.3x | 14.2x | 1.4x |
| Thu, 05 Dec 2024 | JA$157.6b | JA$115.9b | JA$11.6b | 13.6x | 13.6x | 1.4x |
| Sat, 02 Nov 2024 | JA$167.0b | JA$112.8b | JA$13.4b | 12.3x | 12.4x | 1.5x |
| Mon, 30 Sep 2024 | JA$154.6b | JA$112.8b | JA$13.4b | 11.3x | 11.5x | 1.4x |
| Wed, 28 Aug 2024 | JA$165.3b | JA$112.8b | JA$13.4b | 12.2x | 12.3x | 1.5x |
| Fri, 26 Jul 2024 | JA$168.0b | JA$110.2b | JA$14.0b | 12x | 12x | 1.5x |
| Sun, 23 Jun 2024 | JA$165.7b | JA$110.1b | JA$13.9b | 11.8x | 11.9x | 1.5x |
| Tue, 21 May 2024 | JA$167.5b | JA$108.6b | JA$14.9b | 19.5x | 11.3x | 1.5x |
| Thu, 18 Apr 2024 | JA$171.0b | JA$108.6b | JA$14.9b | 17.1x | 11.5x | 1.6x |
| Sat, 16 Mar 2024 | JA$167.5b | JA$108.6b | JA$14.9b | 15.5x | 11.3x | 1.5x |
| Mon, 12 Feb 2024 | JA$179.4b | JA$125.8b | JA$27.7b | 10.7x | 6.5x | 1.4x |
| Wed, 10 Jan 2024 | JA$186.7b | JA$125.8b | JA$27.7b | 10.7x | 6.8x | 1.5x |
| Fri, 08 Dec 2023 | JA$168.1b | JA$125.8b | JA$27.7b | 9.7x | 6.1x | 1.3x |
| Sun, 05 Nov 2023 | JA$172.0b | JA$118.7b | JA$19.5b | 8.9x | 8.8x | 1.4x |
| Tue, 03 Oct 2023 | JA$197.9b | JA$118.7b | JA$19.5b | 9.7x | 10.2x | 1.7x |
| Thu, 31 Aug 2023 | JA$179.8b | JA$135.4b | JA$19.5b | 9.2x | 9.2x | 1.3x |
| Sat, 29 Jul 2023 | JA$179.5b | JA$120.9b | JA$20.1b | 8.9x | 8.9x | 1.5x |
| Mon, 26 Jun 2023 | JA$205.2b | JA$120.1b | JA$20.0b | 11.3x | 10.2x | 1.7x |
| Wed, 24 May 2023 | JA$201.1b | JA$119.9b | JA$20.0b | 10x | 10x | 1.7x |
| Fri, 21 Apr 2023 | JA$200.2b | JA$111.2b | JA$17.1b | 11.7x | 11.7x | 1.8x |
| Sun, 19 Mar 2023 | JA$190.9b | JA$111.6b | JA$15.4b | 9.5x | 12.4x | 1.7x |
| Tue, 14 Feb 2023 | JA$216.1b | JA$111.4b | JA$14.9b | 10.3x | 14.5x | 1.9x |
| Thu, 12 Jan 2023 | JA$206.5b | JA$111.4b | JA$14.9b | 10.5x | 13.8x | 1.9x |
| Sat, 10 Dec 2022 | JA$202.5b | JA$111.4b | JA$14.9b | 11.2x | 13.6x | 1.8x |
| Mon, 07 Nov 2022 | JA$203.9b | JA$111.9b | JA$19.0b | 12.3x | 10.7x | 1.8x |
| Wed, 05 Oct 2022 | JA$216.9b | JA$111.9b | JA$19.0b | 11.5x | 11.4x | 1.9x |
| Fri, 02 Sep 2022 | JA$219.2b | JA$113.8b | JA$18.9b | 12.7x | 11.6x | 1.9x |
| Sun, 31 Jul 2022 | JA$222.5b | JA$113.8b | JA$18.9b | 12.8x | 11.8x | 2x |
| Tue, 28 Jun 2022 | JA$223.9b | JA$113.7b | JA$19.1b | 12.1x | 11.7x | 2x |
| Thu, 26 May 2022 | JA$227.9b | JA$105.2b | JA$17.2b | 12.6x | 13.2x | 2.2x |
| Sat, 23 Apr 2022 | JA$234.1b | JA$105.3b | JA$17.2b | 13.6x | 13.6x | 2.2x |
| Mon, 21 Mar 2022 | JA$236.5b | JA$105.3b | JA$17.2b | 13.1x | 13.7x | 2.2x |
Price to Earnings Ratio
13.7x
Current Industry PE
- Investors are optimistic on the Jamaican Insurance industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 17.8x which is higher than its 3-year average PE of 11.4x.
- The 3-year average PS ratio of 1.7x is higher than the industry's current PS ratio of 1.4x.
Past Earnings Growth
- The earnings for companies in the Insurance industry have declined 17% per year over the last three years.
- Meanwhile revenues for these companies have grown 4.8% per year.
- This means that although more sales are being generated, either the cost of doing business or the level of investment back into businesses has increased, which has decreased profits.
Industry Trends
Which industries have driven the changes within the Jamaican Financials industry?
| JM Market | -0.17% | |
| Financials | 0.48% | |
| Insurance | 0.092% | |
| Insurance Brokers | 10.80% | |
| Life and Health Insurance | 0.12% | |
| Property and Casualty Insurance | -1.30% | |
Industry PE
- Investors are most optimistic about the Life and Health Insurance industry which is trading above its 3-year average PE ratio of 11.4x.
- It looks like they are confident that earnings will grow faster in the future than they have historically.
- Investors are most pessimistic about the Insurance Brokers industry, although it looks like investor sentiment has improved given that it's trading above its 3-year average of 11.0x.
Forecasted GrowthThere is insufficient data on the sub-industries of this industry.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| SJ Sagicor Group Jamaica | JA$42.50 | 0.1% +JA$195.0m | 3.8% | PE17.9x | |
| GENAC General Accident Insurance Company Jamaica | JA$5.99 | 0.2% +JA$10.3m | 6.8% | PE20.2x |