U.S. Insurance Industry Analysis
UpdatedNov 30, 2023
DataAggregated Company Financials
Companies142
- 7D-0.7%
- 3M7.0%
- 1Y5.4%
- YTD8.4%
The Insurance industry has stayed flat over the last week. As for the the longer term, the industry is up 5.4% over the past 12 months. Earnings are forecast to grow by 19% annually.
Industry Valuation and Performance
Has the U.S. Insurance Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Thu, 30 Nov 2023 | US$1.1t | US$792.8b | US$47.5b | 12.7x | 23x | 1.4x |
| Sat, 28 Oct 2023 | US$1.0t | US$807.8b | US$42.9b | 13.6x | 23.8x | 1.3x |
| Mon, 25 Sep 2023 | US$1.1t | US$799.3b | US$38.7b | 14.8x | 27.1x | 1.3x |
| Wed, 23 Aug 2023 | US$997.9b | US$799.1b | US$38.6b | 15x | 25.8x | 1.2x |
| Fri, 21 Jul 2023 | US$1.0t | US$783.0b | US$37.3b | 15.7x | 27.1x | 1.3x |
| Sun, 18 Jun 2023 | US$975.5b | US$774.5b | US$35.1b | 16.4x | 27.8x | 1.3x |
| Tue, 16 May 2023 | US$969.5b | US$774.0b | US$35.7b | 15.5x | 27.1x | 1.3x |
| Thu, 13 Apr 2023 | US$976.0b | US$759.1b | US$44.1b | 15.5x | 22.1x | 1.3x |
| Sat, 11 Mar 2023 | US$958.0b | US$759.8b | US$44.0b | 14.9x | 21.8x | 1.3x |
| Mon, 06 Feb 2023 | US$1.0t | US$778.7b | US$50.5b | 15.2x | 20.3x | 1.3x |
| Wed, 04 Jan 2023 | US$1.0t | US$777.8b | US$54.7b | 14.9x | 18.5x | 1.3x |
| Fri, 02 Dec 2022 | US$1.0t | US$777.8b | US$54.6b | 14.4x | 19x | 1.3x |
| Sun, 30 Oct 2022 | US$1.0t | US$769.9b | US$60.1b | 14.9x | 16.7x | 1.3x |
| Tue, 27 Sep 2022 | US$879.0b | US$767.1b | US$63.3b | 12.8x | 13.9x | 1.1x |
| Thu, 25 Aug 2022 | US$961.4b | US$767.3b | US$63.3b | 13.8x | 15.2x | 1.3x |
| Sat, 23 Jul 2022 | US$938.8b | US$783.0b | US$77.3b | 11.5x | 12.1x | 1.2x |
| Mon, 20 Jun 2022 | US$915.6b | US$787.8b | US$79.3b | 11.1x | 11.5x | 1.2x |
| Wed, 18 May 2022 | US$1.0t | US$787.9b | US$79.3b | 11.5x | 12.9x | 1.3x |
| Fri, 15 Apr 2022 | US$1.1t | US$787.3b | US$87.1b | 11x | 12.8x | 1.4x |
| Sun, 13 Mar 2022 | US$1.0t | US$817.5b | US$91.1b | 10.1x | 11.5x | 1.3x |
| Tue, 08 Feb 2022 | US$1.1t | US$796.6b | US$88.6b | 11.1x | 12.3x | 1.4x |
| Thu, 06 Jan 2022 | US$1.1t | US$801.0b | US$88.3b | 10.9x | 12.4x | 1.4x |
| Sat, 04 Dec 2021 | US$1.0t | US$801.0b | US$88.3b | 10.5x | 11.7x | 1.3x |
| Mon, 01 Nov 2021 | US$1.1t | US$777.1b | US$88.1b | 10.5x | 12.4x | 1.4x |
| Wed, 29 Sep 2021 | US$1.0t | US$771.4b | US$90.5b | 9.7x | 11.2x | 1.3x |
| Fri, 27 Aug 2021 | US$1.0t | US$771.8b | US$90.4b | 10x | 11.5x | 1.3x |
| Sat, 03 Jul 2021 | US$991.4b | US$770.6b | US$90.4b | 9.5x | 11x | 1.3x |
| Tue, 06 Apr 2021 | US$942.0b | US$734.5b | US$65.1b | 11.3x | 14.5x | 1.3x |
| Fri, 08 Jan 2021 | US$858.5b | US$705.4b | US$48.9b | 13.2x | 17.6x | 1.2x |
Price to Earnings Ratio
19.2x
Current Industry PE
- Investors are optimistic on the American Insurance industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 23.0x which is higher than its 3-year average PE of 17.2x.
- The industry is trading close to its 3-year average PS ratio of 1.3x.
Past Earnings Growth
- The earnings for companies in the Insurance industry have grown 4.0% per year over the last three years.
- Revenues for these companies have grown 4.9% per year.
- This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.
Industry Trends
Which industries have driven the changes within the U.S. Financials industry?
| US Market | 0.095% | |
| Financials | 0.85% | |
| Insurance | -0.66% | |
| Life and Health Insurance | 0.16% | |
| General Insurance | -0.22% | |
| Reinsurance | -0.53% | |
| Property and Casualty Insurance | -0.60% | |
| Insurance Brokers | -1.84% | |
Industry PE
- Investors are most optimistic about the Life and Health Insurance industry which is trading above its 3-year average PE ratio of 36.3x.
- Analysts are expecting annual earnings growth of 23.0%, which is higher than its past year's earnings decline of 16.5% per year.
- Investors are most pessimistic about the Reinsurance industry, although it looks like investor sentiment has improved given that it's trading above its 3-year average.
Forecasted Growth
- Analysts are most optimistic on the Life and Health Insurance industry, expecting annual earnings growth of 23% over the next 5 years.
- This is better than its past earnings decline of 16% per year.
- In contrast, the General Insurance industry is expected to see its earnings grow by 8.5% per year over the next few years.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| PRU Prudential Financial | US$96.60 | 1.6% +US$534.7m | -10.6% | PE26.7x | |
| PFG Principal Financial Group | US$74.17 | 2.7% +US$457.8m | -17.3% | PE11.5x | |
| TRV Travelers Companies | US$177.44 | 0.8% +US$310.6m | -6.5% | PE18.7x | |
| PGR Progressive | US$163.00 | 0.2% +US$228.1m | 23.3% | PE35.2x | |
| CCG Cheche Group | US$7.75 | 39.6% +US$167.5m | -24.3% | PS1.6x |
