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U.S. Insurance Industry Analysis
UpdatedDec 30, 2024
DataAggregated Company Financials
Companies123
- 7D0.6%
- 3M-1.6%
- 1Y25.7%
- YTD24.8%
The Insurance industry has stayed flat over the last week. The past year has been better, since the industry has gained 26% in that time. Looking forward, earnings are forecast to grow by 12% 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 |
|---|---|---|---|---|---|---|
| Tue, 31 Dec 2024 | US$1.4t | US$892.9b | US$91.5b | 13x | 14.9x | 1.5x |
| Thu, 28 Nov 2024 | US$1.5t | US$893.2b | US$91.1b | 13.9x | 16.2x | 1.6x |
| Sat, 26 Oct 2024 | US$1.4t | US$865.4b | US$90.8b | 13.5x | 15.4x | 1.6x |
| Mon, 23 Sep 2024 | US$1.4t | US$855.1b | US$87.4b | 14.2x | 15.9x | 1.6x |
| Wed, 21 Aug 2024 | US$1.3t | US$855.4b | US$87.0b | 13.5x | 15.4x | 1.6x |
| Fri, 19 Jul 2024 | US$1.2t | US$823.6b | US$80.2b | 13.7x | 15.4x | 1.5x |
| Sun, 16 Jun 2024 | US$1.2t | US$823.4b | US$79.2b | 12.7x | 14.6x | 1.4x |
| Tue, 14 May 2024 | US$1.2t | US$823.1b | US$79.1b | 13.1x | 14.9x | 1.4x |
| Thu, 11 Apr 2024 | US$1.2t | US$792.7b | US$66.9b | 14.7x | 17.4x | 1.5x |
| Sat, 09 Mar 2024 | US$1.2t | US$792.2b | US$66.7b | 14x | 17.3x | 1.5x |
| Mon, 05 Feb 2024 | US$1.2t | US$800.6b | US$55.3b | 13.6x | 20.8x | 1.4x |
| Wed, 03 Jan 2024 | US$1.1t | US$790.2b | US$48.8b | 13.1x | 22.7x | 1.4x |
| Fri, 01 Dec 2023 | US$1.1t | US$792.8b | US$47.5b | 12.7x | 22.9x | 1.4x |
| Sun, 29 Oct 2023 | US$1.0t | US$807.8b | US$42.9b | 13.6x | 23.8x | 1.3x |
| Tue, 26 Sep 2023 | US$1.1t | US$799.3b | US$38.7b | 14.8x | 27.1x | 1.3x |
| Thu, 24 Aug 2023 | US$1.0t | US$799.2b | US$38.7b | 15x | 26x | 1.3x |
| Sat, 22 Jul 2023 | US$1.0t | US$783.5b | US$37.5b | 15.6x | 27x | 1.3x |
| Mon, 19 Jun 2023 | US$975.6b | US$774.5b | US$35.1b | 16.4x | 27.8x | 1.3x |
| Wed, 17 May 2023 | US$961.3b | US$774.4b | US$35.1b | 16.1x | 27.4x | 1.2x |
| Fri, 14 Apr 2023 | US$972.0b | US$759.1b | US$44.1b | 15.5x | 22.1x | 1.3x |
| Sun, 12 Mar 2023 | US$958.0b | US$759.8b | US$44.0b | 14.9x | 21.8x | 1.3x |
| Tue, 07 Feb 2023 | US$1.0t | US$778.7b | US$50.5b | 15.6x | 20.5x | 1.3x |
| Thu, 05 Jan 2023 | US$1.0t | US$777.8b | US$54.7b | 14.8x | 18.7x | 1.3x |
| Sat, 03 Dec 2022 | US$1.0t | US$777.8b | US$54.6b | 14.4x | 19.1x | 1.3x |
| Mon, 31 Oct 2022 | US$1.0t | US$769.9b | US$60.1b | 14.9x | 16.7x | 1.3x |
| Wed, 28 Sep 2022 | US$883.0b | US$767.1b | US$63.3b | 13x | 13.9x | 1.2x |
| Fri, 26 Aug 2022 | US$966.9b | US$767.3b | US$63.3b | 13.9x | 15.3x | 1.3x |
| Sun, 24 Jul 2022 | US$934.4b | US$784.0b | US$77.0b | 11.4x | 12.1x | 1.2x |
| Tue, 21 Jun 2022 | US$915.6b | US$787.8b | US$79.3b | 11.1x | 11.5x | 1.2x |
| Thu, 19 May 2022 | US$1.0t | US$787.9b | US$79.3b | 11.2x | 13.2x | 1.3x |
| Sat, 16 Apr 2022 | US$1.1t | US$787.7b | US$85.9b | 11x | 13x | 1.4x |
| Mon, 14 Mar 2022 | US$1.0t | US$817.5b | US$91.1b | 10.1x | 11.5x | 1.3x |
| Wed, 09 Feb 2022 | US$1.1t | US$796.5b | US$88.2b | 10.9x | 12.5x | 1.4x |
| Fri, 07 Jan 2022 | US$1.1t | US$801.0b | US$88.3b | 11.1x | 12.4x | 1.4x |
Price to Earnings Ratio
12.4x
Current Industry PE
- Investors are pessimistic on the American Insurance industry, indicating that they anticipate long term growth rates will be lower than they have historically.
- The industry is trading at a PE ratio of 14.9x which is lower than its 3-year average PE of 18.2x.
- The 3-year average PS ratio of 1.4x is lower than the industry's current PS ratio of 1.5x.
Past Earnings Growth
- The earnings for companies in the Insurance industry have remained mostly flat over the last three years.
- Meanwhile revenues for these companies have grown 3.7% 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 and as a result, profits have held steady.
Industry Trends
Which industries have driven the changes within the U.S. Financials industry?
| US Market | 0.58% | |
| Financials | 0.70% | |
| Insurance | 0.60% | |
| Reinsurance | 0.95% | |
| Life and Health Insurance | 0.80% | |
| Property and Casualty Insurance | 0.60% | |
| Insurance Brokers | 0.45% | |
| General Insurance | 0.39% | |
Industry PE
- Investors are most optimistic about the Insurance Brokers industry which is trading above its 3-year average PE ratio of 35.4x.
- Analysts are expecting annual earnings growth of 23.5%, which is higher than its past year's earnings growth of 3.1% 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 General Insurance industry, expecting annual earnings growth of 35% over the next 5 years.
- However this is lower than its past earnings growth rate of 138% per year.
- In contrast, the Reinsurance industry is expected to see its earnings grow by 3.0% 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 | |
|---|---|---|---|---|---|
| CB Chubb | US$277.68 | 0.8% +US$927.1m | 22.9% | PE11.2x | |
| MMC Marsh & McLennan Companies | US$213.47 | 0.6% +US$638.5m | 12.7% | PE26x | |
| AON Aon | US$360.38 | 0.6% +US$454.2m | 23.8% | PE32x | |
| AJG Arthur J. Gallagher | US$286.54 | 0.7% +US$445.5m | 27.4% | PE53.6x | |
| MET MetLife | US$82.25 | 0.7% +US$373.9m | 24.4% | PE16x |
