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U.S. Insurance Industry Analysis

UpdatedJun 19, 2026
DataAggregated Company Financials
Companies128
  • 7D-0.6%
  • 3M3.7%
  • 1Y-4.8%
  • YTD-2.6%

Last week, the Insurance industry hasn't moved much but Maase is up 50% in that time. Unfortunately though, the industry is down 4.8% over the past 12 months. Looking forward, earnings are forecast to grow by 2.2% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sat, 20 Jun 2026US$1.3tUS$959.7bUS$114.0b11.3x11.6x1.4x
Mon, 18 May 2026US$1.3tUS$959.6bUS$114.0b11.1x11.4x1.4x
Wed, 15 Apr 2026US$1.3tUS$946.2bUS$105.4b11.6x12.5x1.4x
Fri, 13 Mar 2026US$1.3tUS$946.2bUS$105.4b11.3x12.3x1.4x
Sun, 08 Feb 2026US$1.4tUS$944.2bUS$106.7b13x12.9x1.5x
Tue, 06 Jan 2026US$1.4tUS$931.1bUS$99.3b13x14.1x1.5x
Thu, 04 Dec 2025US$1.4tUS$931.0bUS$99.2b13x13.8x1.5x
Sat, 01 Nov 2025US$1.3tUS$927.1bUS$95.3b13.3x13.8x1.4x
Mon, 29 Sep 2025US$1.4tUS$919.1bUS$88.7b13.6x15.9x1.5x
Wed, 27 Aug 2025US$1.4tUS$918.4bUS$88.5b14.7x16x1.5x
Fri, 25 Jul 2025US$1.4tUS$911.6bUS$86.3b14.1x16.2x1.5x
Sun, 22 Jun 2025US$1.4tUS$904.1bUS$82.6b14.1x17.1x1.6x
Tue, 20 May 2025US$1.5tUS$902.7bUS$82.1b15.4x17.9x1.6x
Thu, 17 Apr 2025US$1.4tUS$897.9bUS$92.2b13.2x15.5x1.6x
Sat, 15 Mar 2025US$1.4tUS$897.3bUS$93.0b13.6x15.4x1.6x
Mon, 10 Feb 2025US$1.4tUS$904.8bUS$95.8b12.4x14.7x1.6x
Wed, 08 Jan 2025US$1.3tUS$892.9bUS$91.5b12.9x14.7x1.5x
Fri, 06 Dec 2024US$1.4tUS$893.2bUS$91.1b13.5x15.9x1.6x
Sun, 03 Nov 2024US$1.4tUS$884.3bUS$91.3b13.4x14.8x1.5x
Tue, 01 Oct 2024US$1.4tUS$855.0bUS$87.4b14x15.9x1.6x
Thu, 29 Aug 2024US$1.4tUS$855.4bUS$87.0b14x15.7x1.6x
Sat, 27 Jul 2024US$1.2tUS$830.1bUS$81.5b13.4x14.8x1.5x
Mon, 24 Jun 2024US$1.2tUS$823.4bUS$79.2b13.1x15x1.4x
Wed, 22 May 2024US$1.2tUS$823.1bUS$79.1b12.5x15x1.4x
Fri, 19 Apr 2024US$1.1tUS$797.7bUS$69.1b14.1x16.5x1.4x
Sun, 17 Mar 2024US$1.2tUS$792.7bUS$67.0b14.4x17.6x1.5x
Tue, 13 Feb 2024US$1.1tUS$784.4bUS$61.3b12.3x18.1x1.4x
Thu, 11 Jan 2024US$1.1tUS$790.2bUS$48.8b12.9x22.7x1.4x
Sat, 09 Dec 2023US$1.1tUS$792.9bUS$47.7b13.5x22.9x1.4x
Mon, 06 Nov 2023US$1.1tUS$790.3bUS$46.8b12.8x22.7x1.3x
Wed, 04 Oct 2023US$1.0tUS$799.1bUS$38.9b14.4x26.3x1.3x
Fri, 01 Sep 2023US$1.0tUS$799.3bUS$38.7b15x26.4x1.3x
Sun, 30 Jul 2023US$1.0tUS$791.2bUS$41.3b15.6x24.7x1.3x
Tue, 27 Jun 2023US$964.6bUS$774.5bUS$35.1b14.9x27.4x1.2x
Price to Earnings Ratio

27.4x


Total Market Cap: US$964.6bTotal Earnings: US$35.1bTotal Revenue: US$774.5bTotal Market Cap vs Earnings and Revenue0%0%0%
U.S. Insurance Industry Price to Earnings3Y Average 17.1x202420252026
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 11.6x which is lower than its 3-year average PE of 17.1x.
  • The industry is trading close to its 3-year average PS ratio of 1.5x.
Past Earnings Growth
  • The earnings for companies in the Insurance industry have grown 48% per year over the last three years.
  • Revenues for these companies have grown 7.4% 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 Market1.65%
Financials1.72%
Insurance-0.60%
Reinsurance0.49%
Property and Casualty Insurance0.13%
General Insurance-0.054%
Life and Health Insurance-0.79%
Insurance Brokers-2.43%
Industry PE
  • Investors are most optimistic about the Insurance Brokers industry even though it's trading below its 3-year average PE ratio of 35.8x.
    • Analysts are expecting annual earnings growth of 13.5%, which is lower than the prior year's growth of 58.4% per year.
  • Investors are most pessimistic about the Reinsurance industry, which is trading below its 3-year average of 10.2x.
Forecasted Growth
  • Analysts are most optimistic on the Insurance Brokers industry, expecting annual earnings growth of 13% over the next 5 years.
  • However this is lower than its past earnings growth rate of 58% per year.
  • In contrast, the Property and Casualty Insurance industry is expected to see its earnings decline by 4.4% per year over the next few years.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
MAAS MaaseUS$17.9449.5%
+US$2.6b		n/aPS15391.1x
PGR ProgressiveUS$204.871.3%
+US$1.5b		-21.3%PE10.4x
TRV Travelers CompaniesUS$307.811.3%
+US$831.4m		16.2%PE8.7x
GL Globe LifeUS$170.763.4%
+US$439.5m		42.6%PE11.3x
ALL AllstateUS$221.170.7%
+US$411.9m		13.0%PE4.7x

Latest News

PGR
US$204.87
Progressive
7D
1.3%
1Y
-21.3%
CINF
US$170.20
Cincinnati Financial
7D
1.1%
1Y
16.8%
AFL
US$115.47
Aflac
7D
-0.8%
1Y
12.5%
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AON
US$317.74
Aon
7D
-5.2%
1Y
-9.4%
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AJG
US$214.06
Arthur J. Gallagher
7D
-3.1%
1Y
-32.5%
Analysis Article • Jun 18

Arthur J. Gallagher (AJG) Stock Could Be 18.9% Undervalued on Its Digital Margin Growth Story

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TRV
US$307.81
Travelers Companies
7D
1.3%
1Y
16.2%
Analysis Article • Jun 18

Travelers Companies (TRV) Stock Could Be 3% Undervalued After Barclays Downgrade

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WTW
US$255.20
Willis Towers Watson
7D
-2.8%
1Y
-14.6%
GL
US$170.76
Globe Life
7D
3.4%
1Y
42.6%
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Globe Life: Quality Business, But The Easy Trust Recovery Is Already Priced In

Summary Globe Life demonstrates strong profit growth, 17.9% ROE, and robust capital returns, supported by a $610M share buyback for 2026. GL’s life insurance segment drives profitability with a 41% underwriting margin; the business model enables stable cash flows and high client retention. Valuation at 10.7x forward P/E reflects renewed market trust post-DOJ/SEC investigation, but premium P/B and low dividend yield highlight share buyback focus. Operational risks persist from data security incidents, rising administrative costs, and agent retention pressures, tempering an otherwise high-quality business outlook. Read the full article on Seeking Alpha
CB
US$323.40
Chubb
7D
-1.4%
1Y
14.6%
Narrative Update • Jun 17

CB: Dividend Raises And New Buybacks Will Support A Stable Fairly Valued Outlook

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MET
US$85.58
MetLife
7D
-2.3%
1Y
8.9%
Analysis Article • Jun 17

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FAF
US$68.63
First American Financial
7D
5.8%
1Y
18.8%
Narrative Update • Jun 16

FAF: Tech Verification And Governance Reforms Will Support Future Upside

Analysts have held their average price target for First American Financial steady at $86.20, citing largely unchanged fair value assumptions along with small adjustments to revenue growth, profit margin, and future P/E inputs in their models. What’s in the News for First American Financial First American Financial is facing structural pressures in its core title insurance business as AI powered startups introduce automated title search tools, increasing competition and putting pressure on traditional human title agent roles and margins.
ALL
US$221.17
Allstate
7D
0.7%
1Y
13.0%
Narrative Update • Jun 16

ALL: Rich Multiple Will Face Slowing Auto Policy Momentum Despite Buybacks

Analysts have nudged their price target for Allstate higher to $192.30 from $190.85, reflecting updated assumptions for the discount rate, revenue growth, profit margin, and future P/E that slightly adjust how they value the stock. What's in the News Allstate reported Q1 2026 adjusted diluted EPS of $10.65, which was 47% above analyst consensus, and net income of $2.4b compared with $566 million a year earlier, supported by an 82.0 Property Liability combined ratio and lower catastrophe losses (source: Allstate Reports Strong Q1 2026 Earnings with Market Share Gains and New $4 Billion Buyback Program).
MRSH
US$162.41
Marsh & McLennan Companies
7D
-3.4%
1Y
-24.2%
Narrative Update • Jun 15

MRSH: Legal Wins And Acquisitions Will Support Future Earnings Resilience

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AIG
US$74.02
American International Group
7D
-1.7%
1Y
-12.1%
MAAS
US$17.94
Maase
7D
49.5%
1Y
n/a
NP
US$29.24
Neptune Insurance Holdings
7D
7.9%
1Y
n/a