Header cover image

U.S. Reinsurance Industry Analysis

UpdatedMar 18, 2024
DataAggregated Company Financials
Companies10
  • 7D1.2%
  • 3M10.0%
  • 1Y27.5%
  • YTDn/a

Over the last 7 days, the Reinsurance industry has risen 3.1%, driven by gains from Everest Group of 6.8%. This means that the industry has gained 31% over the past year. As for the next few years, earnings are expected to grow by 5.1% per annum.

Industry Valuation and Performance

Has the U.S. Reinsurance Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Mon, 18 Mar 2024US$54.7bUS$54.0bUS$8.1b5.8x6.7x1x
Wed, 14 Feb 2024US$51.4bUS$53.8bUS$7.7b6.3x6.6x1x
Fri, 12 Jan 2024US$60.5bUS$63.3bUS$6.6b8.3x9.2x1x
Sun, 10 Dec 2023US$60.4bUS$63.3bUS$6.6b8.4x9.1x1x
Tue, 07 Nov 2023US$57.0bUS$62.5bUS$6.0b10.5x9.5x0.9x
Thu, 05 Oct 2023US$55.0bUS$60.0bUS$3.7b14.7x15x0.9x
Sat, 02 Sep 2023US$54.4bUS$60.0bUS$3.7b13.2x14.9x0.9x
Mon, 31 Jul 2023US$50.1bUS$58.4bUS$2.9b13x17.5x0.9x
Wed, 28 Jun 2023US$48.5bUS$56.7bUS$1.8b11.6x27x0.9x
Fri, 26 May 2023US$50.1bUS$56.7bUS$1.8b11.8x27.9x0.9x
Sun, 23 Apr 2023US$48.3bUS$53.3bUS$633.7m14.5x76.2x0.9x
Tue, 21 Mar 2023US$45.1bUS$53.3bUS$636.6m13.4x70.8x0.8x
Thu, 16 Feb 2023US$49.3bUS$53.0bUS$510.9m19.3x96.5x0.9x
Sat, 14 Jan 2023US$47.1bUS$55.5b-US$31,328,728.0019.2x-1502.1x0.8x
Mon, 12 Dec 2022US$45.4bUS$55.5b-US$32,641,348.0017.1x-1391.6x0.8x
Wed, 09 Nov 2022US$45.4bUS$55.8b-US$239,857,348.0018.6x-189.2x0.8x
Fri, 07 Oct 2022US$40.3bUS$56.1bUS$130.9m14x307.7x0.7x
Sun, 04 Sep 2022US$39.9bUS$56.1bUS$128.2m14.1x311.4x0.7x
Tue, 02 Aug 2022US$40.7bUS$55.9bUS$919.4m13.1x44.3x0.7x
Thu, 30 Jun 2022US$43.6bUS$56.6bUS$2.3b12x19.3x0.8x
Sat, 28 May 2022US$45.0bUS$56.6bUS$2.3b12.1x19.9x0.8x
Mon, 25 Apr 2022US$44.3bUS$56.7bUS$3.5b10.4x12.6x0.8x
Wed, 23 Mar 2022US$44.6bUS$56.7bUS$3.5b10.8x12.7x0.8x
Fri, 18 Feb 2022US$44.1bUS$56.8bUS$4.2b5.9x10.6x0.8x
Sun, 16 Jan 2022US$44.9bUS$51.4bUS$3.8b7.1x11.8x0.9x
Tue, 14 Dec 2021US$42.1bUS$51.4bUS$3.8b6.8x11.1x0.8x
Thu, 11 Nov 2021US$42.8bUS$49.3bUS$3.6b11.7x11.8x0.9x
Sat, 09 Oct 2021US$42.7bUS$48.4bUS$6.0b8.9x7.1x0.9x
Mon, 06 Sep 2021US$42.4bUS$48.5bUS$6.0b8.7x7.1x0.9x
Wed, 04 Aug 2021US$69.2bUS$58.1bUS$7.5b9.6x9.2x1.2x
Sat, 08 May 2021US$79.1bUS$55.8bUS$7.1b13.5x11.1x1.4x
Price to Earnings Ratio

10.2x


Total Market Cap: US$72.5bTotal Earnings: US$7.1bTotal Revenue: US$55.8bTotal Market Cap vs Earnings and Revenue0%0%0%
U.S. Reinsurance Industry Price to Earnings3Y Average -72.9x202220232024
Current Industry PE
  • Investors are pessimistic on the American Reinsurance 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 6.7x which is higher than its 3-year average PE of -73.0x.
  • The 3-year average PS ratio of 0.92x is lower than the industry's current PS ratio of 1.0x.
Past Earnings Growth
  • The earnings for companies in the Reinsurance industry have grown 4.6% per year over the last three years, while revenues have remained mostly flat.
  • This means that companies overall are more efficiently conducting business since profits are increasing while sales have been flat.

Industry Comparison

How does U.S. Reinsurance compare with similar industries?

US Market-0.10%
Financials0.15%
Insurance1.18%
Reinsurance1.25%
General Insurance1.76%
Property and Casualty Insurance1.53%
Life and Health Insurance1.23%
Insurance Brokers0.11%
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?

CompanyLast Price7D1YValuation
EG Everest GroupUS$392.873.5%
+US$572.6m
12.9%PE6.9x
RGA Reinsurance Group of AmericaUS$185.281.1%
+US$126.9m
45.5%PE13.5x
RNR RenaissanceRe HoldingsUS$237.401.0%
+US$121.2m
23.3%PE5x
MHLD Maiden HoldingsUS$1.5410.0%
+US$13.4m
-23.8%PS1.7x
SPNT SiriusPointUS$12.270.4%
+US$8.5m
67.6%PE6.6x
Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.

Latest News

MHLD

US$1.54

Maiden Holdings

7D

10.0%

1Y

-23.8%

RGA

US$185.28

Reinsurance Group of America

7D

1.1%

1Y

45.5%

EG

US$392.87

Everest Group

7D

3.5%

1Y

12.9%

OXBR

US$1.13

Oxbridge Re Holdings

7D

14.1%

1Y

-34.3%

RNR

US$237.40

RenaissanceRe Holdings

7D

1.0%

1Y

23.3%

GLRE

US$11.85

Greenlight Capital Re

7D

-2.3%

1Y

24.7%

ESGR

US$299.02

Enstar Group

7D

-0.3%

1Y

34.2%