Narrative Update • May 21

Chubb is up 1.2%, leading the way for the Property and Casualty Insurance industry, which has gained 1.1%. Overall in the last year, the industry is flat. As for the next few years, earnings are forecast to decline by 4.3% per annum.
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 |
|---|---|---|---|---|---|---|
| Sat, 23 May 2026 | US$743.1b | US$546.1b | US$77.6b | 10.2x | 9.6x | 1.4x |
| Mon, 20 Apr 2026 | US$752.9b | US$541.4b | US$73.0b | 10.9x | 10.3x | 1.4x |
| Wed, 18 Mar 2026 | US$744.2b | US$539.6b | US$71.5b | 10.7x | 10.4x | 1.4x |
| Fri, 13 Feb 2026 | US$767.5b | US$543.2b | US$71.6b | 11.9x | 10.7x | 1.4x |
| Sun, 11 Jan 2026 | US$757.7b | US$534.3b | US$65.3b | 12.5x | 11.6x | 1.4x |
| Tue, 09 Dec 2025 | US$748.3b | US$534.3b | US$65.3b | 12.5x | 11.5x | 1.4x |
| Thu, 06 Nov 2025 | US$732.6b | US$532.7b | US$62.2b | 12.7x | 11.8x | 1.4x |
| Sat, 04 Oct 2025 | US$767.9b | US$524.7b | US$59.2b | 13.7x | 13x | 1.5x |
| Mon, 01 Sep 2025 | US$760.9b | US$524.7b | US$59.2b | 13.4x | 12.8x | 1.5x |
| Wed, 30 Jul 2025 | US$732.6b | US$517.9b | US$55.6b | 13.6x | 13.2x | 1.4x |
| Fri, 27 Jun 2025 | US$759.5b | US$509.6b | US$51.1b | 14.1x | 14.9x | 1.5x |
| Sun, 25 May 2025 | US$773.9b | US$508.3b | US$50.9b | 14.5x | 15.2x | 1.5x |
| Tue, 22 Apr 2025 | US$753.9b | US$498.7b | US$54.9b | 13.3x | 13.7x | 1.5x |
| Thu, 20 Mar 2025 | US$731.1b | US$471.1b | US$53.5b | 13.9x | 13.7x | 1.6x |
| Sat, 15 Feb 2025 | US$692.0b | US$471.3b | US$53.8b | 12.8x | 12.9x | 1.5x |
| Mon, 13 Jan 2025 | US$650.4b | US$462.2b | US$56.1b | 12.2x | 11.6x | 1.4x |
| Wed, 11 Dec 2024 | US$706.0b | US$462.2b | US$56.1b | 12.6x | 12.6x | 1.5x |
| Fri, 08 Nov 2024 | US$704.1b | US$460.8b | US$56.3b | 12.3x | 12.5x | 1.5x |
| Sun, 06 Oct 2024 | US$701.4b | US$443.0b | US$49.2b | 13.9x | 14.3x | 1.6x |
| Tue, 03 Sep 2024 | US$697.3b | US$443.0b | US$49.2b | 14x | 14.2x | 1.6x |
| Thu, 01 Aug 2024 | US$643.9b | US$440.7b | US$47.4b | 13.5x | 13.6x | 1.5x |
| Sat, 29 Jun 2024 | US$606.3b | US$420.3b | US$43.8b | 13.1x | 13.8x | 1.4x |
| Mon, 27 May 2024 | US$611.0b | US$420.3b | US$43.8b | 12.6x | 13.9x | 1.5x |
| Wed, 24 Apr 2024 | US$606.7b | US$410.9b | US$40.1b | 14.5x | 15.1x | 1.5x |
| Fri, 22 Mar 2024 | US$608.1b | US$406.3b | US$38.1b | 14.5x | 16x | 1.5x |
| Sun, 18 Feb 2024 | US$580.4b | US$405.4b | US$37.0b | 14.4x | 15.7x | 1.4x |
| Tue, 16 Jan 2024 | US$533.4b | US$396.7b | US$28.9b | 13.4x | 18.4x | 1.3x |
| Thu, 14 Dec 2023 | US$522.3b | US$396.7b | US$28.9b | 13x | 18.1x | 1.3x |
| Sat, 11 Nov 2023 | US$493.4b | US$395.4b | US$28.5b | 12.4x | 17.3x | 1.2x |
| Mon, 09 Oct 2023 | US$454.3b | US$360.9b | US$21.5b | 14.4x | 21.2x | 1.3x |
| Wed, 06 Sep 2023 | US$439.1b | US$361.2b | US$21.3b | 13.9x | 20.6x | 1.2x |
| Fri, 04 Aug 2023 | US$444.8b | US$359.9b | US$20.9b | 15.8x | 21.3x | 1.2x |
| Sun, 02 Jul 2023 | US$427.5b | US$343.4b | US$15.9b | 16.5x | 26.9x | 1.2x |
| Tue, 30 May 2023 | US$414.8b | US$340.2b | US$14.1b | 17.7x | 29.4x | 1.2x |
29.4x
How does U.S. Property and Casualty Insurance compare with similar industries?
| US Market | 1.01% | |
| Financials | 1.25% | |
| Insurance | 1.63% | |
| Property and Casualty Insurance | 1.15% | |
| General Insurance | 3.99% | |
| Insurance Brokers | 2.48% | |
| Life and Health Insurance | 2.22% | |
| Reinsurance | 0.89% | |
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| CB Chubb | US$327.89 | 1.2% +US$1.5b | 14.6% | PE11.3x | |
| TRV Travelers Companies | US$306.46 | 2.2% +US$1.4b | 13.1% | PE8.6x | |
| ACGL Arch Capital Group | US$96.30 | 2.5% +US$807.3m | 4.6% | PE6.9x | |
| L Loews | US$108.87 | 2.9% +US$631.7m | 23.9% | PE13.7x | |
| ERIE Erie Indemnity | US$224.23 | 5.2% +US$584.6m | -35.7% | PE20.5x |