U.S. Property and Casualty Insurance Industry Analysis
UpdatedJul 26, 2024
DataAggregated Company Financials
Companies64
- 7D-3.5%
- 3M3.4%
- 1Y31.5%
- YTDn/a
Over the last 7 days, the Property and Casualty Insurance industry has dropped 2.9%, driven by a pullback from Chubb of 2.8%. This takes the industry's 12 month performance to a gain of 32%. Looking forward, earnings are forecast to grow by 5.3% annually.
Industry Valuation and Performance
Has the U.S. Property and Casualty Insurance Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Fri, 26 Jul 2024 | US$620.4b | US$437.8b | US$46.6b | 12.9x | 13.3x | 1.4x |
| Sun, 23 Jun 2024 | US$607.5b | US$420.3b | US$43.8b | 13x | 13.9x | 1.4x |
| Tue, 21 May 2024 | US$625.1b | US$420.0b | US$43.8b | 12.5x | 14.3x | 1.5x |
| Thu, 18 Apr 2024 | US$585.7b | US$410.8b | US$40.1b | 14x | 14.6x | 1.4x |
| Sat, 16 Mar 2024 | US$600.7b | US$406.3b | US$38.1b | 14.1x | 15.8x | 1.5x |
| Mon, 12 Feb 2024 | US$565.7b | US$402.8b | US$34.5b | 13.4x | 16.4x | 1.4x |
| Wed, 10 Jan 2024 | US$526.6b | US$396.7b | US$28.9b | 12.9x | 18.2x | 1.3x |
| Fri, 08 Dec 2023 | US$513.4b | US$396.5b | US$28.8b | 12.2x | 17.9x | 1.3x |
| Sun, 05 Nov 2023 | US$493.9b | US$395.4b | US$28.6b | 12.6x | 17.3x | 1.2x |
| Tue, 03 Oct 2023 | US$450.5b | US$360.9b | US$21.5b | 14.2x | 21x | 1.2x |
| Thu, 31 Aug 2023 | US$443.0b | US$361.2b | US$21.3b | 14x | 20.8x | 1.2x |
| Sat, 29 Jul 2023 | US$445.6b | US$353.3b | US$19.0b | 19.4x | 23.4x | 1.3x |
| Mon, 26 Jun 2023 | US$421.5b | US$340.2b | US$14.1b | 18x | 29.9x | 1.2x |
| Wed, 24 May 2023 | US$427.7b | US$339.7b | US$14.5b | 18.5x | 29.4x | 1.3x |
| Fri, 21 Apr 2023 | US$443.6b | US$330.3b | US$14.5b | 18.6x | 30.5x | 1.3x |
| Sun, 19 Mar 2023 | US$413.1b | US$329.5b | US$14.6b | 16.9x | 28.3x | 1.3x |
| Tue, 14 Feb 2023 | US$468.6b | US$331.4b | US$14.5b | 16.8x | 32.3x | 1.4x |
| Thu, 12 Jan 2023 | US$462.1b | US$327.5b | US$18.7b | 14.3x | 24.7x | 1.4x |
| Sat, 10 Dec 2022 | US$447.3b | US$327.5b | US$18.7b | 13.9x | 23.9x | 1.4x |
| Mon, 07 Nov 2022 | US$442.0b | US$327.8b | US$18.6b | 14.1x | 23.8x | 1.3x |
| Wed, 05 Oct 2022 | US$413.1b | US$324.3b | US$22.7b | 14.2x | 18.2x | 1.3x |
| Fri, 02 Sep 2022 | US$408.8b | US$324.3b | US$22.7b | 13.6x | 18x | 1.3x |
| Sun, 31 Jul 2022 | US$406.7b | US$329.3b | US$29.3b | 11.9x | 13.9x | 1.2x |
| Tue, 28 Jun 2022 | US$423.4b | US$331.3b | US$34.9b | 12.1x | 12.1x | 1.3x |
| Thu, 26 May 2022 | US$434.8b | US$331.3b | US$34.9b | 12.1x | 12.5x | 1.3x |
| Sat, 23 Apr 2022 | US$437.0b | US$332.3b | US$39.3b | 11x | 11.1x | 1.3x |
| Mon, 21 Mar 2022 | US$447.7b | US$333.1b | US$40.3b | 11.8x | 11.1x | 1.3x |
| Wed, 16 Feb 2022 | US$432.3b | US$331.1b | US$40.3b | 11x | 10.7x | 1.3x |
| Fri, 14 Jan 2022 | US$437.3b | US$330.3b | US$43.3b | 11.5x | 10.1x | 1.3x |
| Sun, 12 Dec 2021 | US$399.5b | US$321.8b | US$41.9b | 11.1x | 9.5x | 1.2x |
| Tue, 09 Nov 2021 | US$414.1b | US$322.2b | US$42.3b | 10.6x | 9.8x | 1.3x |
| Thu, 07 Oct 2021 | US$397.2b | US$315.8b | US$44.5b | 9.4x | 8.9x | 1.3x |
| Sat, 04 Sep 2021 | US$410.2b | US$316.1b | US$44.4b | 9.8x | 9.2x | 1.3x |
| Mon, 02 Aug 2021 | US$397.7b | US$316.1b | US$44.4b | 9.3x | 9x | 1.3x |
Price to Earnings Ratio
9x
Current Industry PE
- Investors are pessimistic on the American Property and Casualty 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 13.4x which is lower than its 3-year average PE of 17.6x.
- The industry is trading close to its 3-year average PS ratio of 1.3x.
Past Earnings Growth
- The earnings for companies in the Property and Casualty Insurance industry have remained mostly flat over the last three years.
- Meanwhile revenues for these companies have grown 11% 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 Comparison
How does U.S. Property and Casualty Insurance compare with similar industries?
| US Market | -2.42% | |
| Financials | -0.93% | |
| Insurance | -1.93% | |
| Property and Casualty Insurance | -3.50% | |
| Insurance Brokers | 1.10% | |
| Life and Health Insurance | -0.38% | |
| Reinsurance | -2.09% | |
| General Insurance | -3.53% | |
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| ERIE Erie Indemnity | US$387.51 | 1.6% +US$327.9m | 85.8% | PE41.8x | |
| ORI Old Republic International | US$32.62 | 1.1% +US$95.8m | 21.3% | PE12.1x | |
| FNF Fidelity National Financial | US$53.61 | 0.6% +US$82.0m | 38.4% | PE17.8x | |
| STC Stewart Information Services | US$72.33 | 4.1% +US$80.4m | 53.7% | PE46.1x | |
| IGIC International General Insurance Holdings | US$16.57 | 7.0% +US$48.5m | 84.1% | PE6.4x |