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U.S. Insurance Industry Analysis

UpdatedNov 04, 2025
DataAggregated Company Financials
Companies133
  • 7D-2.8%
  • 3M-4.2%
  • 1Y-3.7%
  • YTD-3.5%

Over the last 7 days, the Insurance industry has dropped 2.8%, driven by Arthur J. Gallagher declining 13%. However, the industry is down 3.7% over the past year. Looking forward, earnings are forecast to grow by 8.1% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 04 Nov 2025US$1.3tUS$928.3bUS$95.8b13.1x13.8x1.4x
Thu, 02 Oct 2025US$1.4tUS$919.1bUS$88.7b13.7x16.1x1.5x
Sat, 30 Aug 2025US$1.4tUS$919.0bUS$88.6b14.6x15.9x1.5x
Mon, 28 Jul 2025US$1.4tUS$912.4bUS$86.5b14.5x16.3x1.5x
Wed, 25 Jun 2025US$1.4tUS$904.1bUS$82.6b14.3x17.4x1.6x
Fri, 23 May 2025US$1.4tUS$902.8bUS$82.1b14.6x17.5x1.6x
Sun, 20 Apr 2025US$1.4tUS$898.5bUS$92.2b13.2x15.3x1.6x
Tue, 18 Mar 2025US$1.5tUS$897.3bUS$93.0b13.9x15.7x1.6x
Thu, 13 Feb 2025US$1.4tUS$886.8bUS$93.0b12.6x15x1.6x
Sat, 11 Jan 2025US$1.4tUS$892.9bUS$91.5b12.5x14.8x1.5x
Mon, 09 Dec 2024US$1.4tUS$893.2bUS$91.1b14.3x15.7x1.6x
Wed, 06 Nov 2024US$1.4tUS$884.9bUS$90.3b12.5x15x1.5x
Fri, 04 Oct 2024US$1.4tUS$855.0bUS$87.4b13.9x16x1.6x
Sun, 01 Sep 2024US$1.4tUS$855.4bUS$87.0b14.1x16x1.6x
Tue, 30 Jul 2024US$1.3tUS$844.5bUS$84.1b13.5x15.5x1.5x
Thu, 27 Jun 2024US$1.2tUS$823.4bUS$79.2b13.3x15x1.4x
Sat, 25 May 2024US$1.2tUS$823.4bUS$79.1b12.6x14.8x1.4x
Mon, 22 Apr 2024US$1.2tUS$797.7bUS$69.1b14.9x16.7x1.4x
Wed, 20 Mar 2024US$1.2tUS$792.7bUS$67.0b14.2x17.6x1.5x
Fri, 16 Feb 2024US$1.1tUS$782.1bUS$64.7b13.2x17.3x1.4x
Sun, 14 Jan 2024US$1.1tUS$790.2bUS$48.8b13.1x23.1x1.4x
Tue, 12 Dec 2023US$1.1tUS$792.9bUS$47.7b13.7x23.2x1.4x
Thu, 09 Nov 2023US$1.1tUS$792.2bUS$47.0b12.7x22.5x1.3x
Sat, 07 Oct 2023US$1.0tUS$799.1bUS$38.9b14.9x26.6x1.3x
Mon, 04 Sep 2023US$1.0tUS$799.3bUS$38.7b15.1x26.6x1.3x
Wed, 02 Aug 2023US$1.0tUS$789.3bUS$38.9b15.9x26.1x1.3x
Fri, 30 Jun 2023US$978.5bUS$777.7bUS$36.9b14.5x26.5x1.3x
Sun, 28 May 2023US$939.7bUS$774.5bUS$35.1b15.2x26.7x1.2x
Tue, 25 Apr 2023US$977.5bUS$760.4bUS$43.9b15.6x22.2x1.3x
Thu, 23 Mar 2023US$921.4bUS$759.4bUS$44.2b14.8x20.9x1.2x
Sat, 18 Feb 2023US$1.0tUS$766.7bUS$46.7b16.3x22.2x1.4x
Mon, 16 Jan 2023US$1.0tUS$778.5bUS$54.7b15.2x19.1x1.3x
Wed, 14 Dec 2022US$1.0tUS$777.8bUS$54.7b14.4x18.6x1.3x
Fri, 11 Nov 2022US$1.0tUS$774.0bUS$53.8b15.7x18.8x1.3x
Price to Earnings Ratio

18.8x


Total Market Cap: US$1.0tTotal Earnings: US$53.8bTotal Revenue: US$774.0bTotal Market Cap vs Earnings and Revenue0%0%0%
U.S. Insurance Industry Price to Earnings3Y Average 19x202320242025
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 13.8x which is lower than its 3-year average PE of 19.0x.
  • The industry is trading close to its 3-year average PS ratio of 1.4x.
Past Earnings Growth
  • The earnings for companies in the Insurance industry have grown 21% per year over the last three years.
  • Revenues for these companies have grown 6.2% 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 Market-0.91%
Financials-2.86%
Insurance-2.84%
Life and Health Insurance0.11%
General Insurance-0.35%
Property and Casualty Insurance-2.44%
Reinsurance-2.85%
Insurance Brokers-5.90%
Industry PE
  • Investors are most optimistic about the Insurance Brokers industry even though it's trading below its 3-year average PE ratio of 37.7x.
    • Analysts are expecting annual earnings growth of 16.3%, which is higher than its past year's earnings growth of 2.5% per year.
  • Investors are most pessimistic about the Property and Casualty Insurance industry, which is trading below its 3-year average of 18.2x.
Forecasted Growth
  • Analysts are most optimistic on the Reinsurance industry, expecting annual earnings growth of 22% over the next 5 years.
  • This is better than its past earnings decline of 38% per year.
  • In contrast, the Property and Casualty Insurance industry is expected to see its earnings growth to stay flat over the next few years.

Top Stock Gainers and Losers

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

CompanyLast Price7D1YValuation
MKL Markel GroupUS$1.96k3.8%
+US$826.7m		26.1%PE13.6x
PRU Prudential FinancialUS$104.632.4%
+US$644.6m		-13.3%PE14.2x
PFG Principal Financial GroupUS$83.024.3%
+US$513.3m		1.8%PE11.6x
AON AonUS$339.840.9%
+US$405.5m		-7.1%PE26.9x
RNR RenaissanceRe HoldingsUS$255.995.7%
+US$400.8m		-3.9%PE7.1x

Latest News

AJG
US$242.98
Arthur J. Gallagher
7D
-12.9%
1Y
-13.7%
BRO
US$77.82
Brown & Brown
7D
-11.3%
1Y
-26.2%
RNR
US$255.99
RenaissanceRe Holdings
7D
5.7%
1Y
-3.9%

RNR: Expect Future Outperformance As Sector Shifts From Hard Market Conditions

RenaissanceRe Holdings saw a modest decrease in its consensus fair value estimate, edging down by $0.11 to $283.43. Analysts are weighing a mix of improved revenue growth expectations along with concerns about sector over-earning and market softness.
PRU
US$104.63
Prudential Financial
7D
2.4%
1Y
-13.3%

Prudential Financial, Inc. Just Beat Revenue Estimates By 17%

Nov 02
Prudential Financial, Inc. Just Beat Revenue Estimates By 17%
LMND
US$61.54
Lemonade
7D
5.3%
1Y
161.1%
AON
US$339.84
Aon
7D
0.9%
1Y
-7.1%
WTW
US$314.00
Willis Towers Watson
7D
-3.9%
1Y
3.7%

WTW: Free Cash Flow Will Support Margin Expansion Through 2027

Analysts have slightly lowered their fair value price target for Willis Towers Watson to $371.61 from $374.44. This change reflects mixed results in recent quarterly performance and evolving sector fundamentals.
MKL
US$1,955.11
Markel Group
7D
3.8%
1Y
26.1%
BHF
US$53.58
Brighthouse Financial
7D
14.5%
1Y
12.9%
PFG
US$83.02
Principal Financial Group
7D
4.3%
1Y
1.8%
PGR
US$203.70
Progressive
7D
-6.0%
1Y
-15.6%

PGR: Earnings Momentum Will Outpace Sector Headwinds Amid Market Shifts

Progressive's analyst price target has been revised downward from approximately $273 to $261, as analysts cite industry underperformance and company-specific developments such as lower than expected premium growth and the impact of one-time items on near-term results. Analyst Commentary Recent Street research on Progressive highlights a nuanced outlook, with both optimistic and cautious perspectives shaping the investment case.
CB
US$278.25
Chubb
7D
-1.2%
1Y
0.8%
MET
US$79.21
MetLife
7D
0.4%
1Y
0.8%

Digital Expansion And Employee Support Benefits Will Drive Outperformance Ahead

Analysts have modestly raised their price target for MetLife, increasing it from $93.00 to $93.33 per share. They cited slight improvements in projected revenue growth and profit margins as the reason for the adjustment.
ERIE
US$285.35
Erie Indemnity
7D
-13.5%
1Y
-29.1%
MMC
US$177.13
Marsh & McLennan Companies
7D
-5.6%
1Y
-19.9%

Analyst Commentary Cites Mixed Outlook as Marsh & McLennan Faces Lowered Valuation Targets

Marsh & McLennan Companies' analyst price target has been revised downward by approximately $10 to $218, as analysts adjusted their expectations in light of slower revenue growth and a less attractive valuation in response to ongoing sector headwinds. Analyst Commentary Analysts covering Marsh & McLennan Companies provided a wide range of perspectives in recent research notes, reflecting both positive and cautious outlooks for the company in light of the ongoing sector dynamics, recent earnings trends, and valuation considerations.
WRB
US$71.78
W. R. Berkley
7D
-4.6%
1Y
24.8%

Analyst Sentiment Mixed as W. R. Berkley Price Target Rises Amid Valuation Shifts

The consensus analyst price target for W. R.