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U.S. Insurance Industry Analysis

UpdatedJul 23, 2024
DataAggregated Company Financials
Companies126
  • 7D-0.004%
  • 3M4.6%
  • 1Y27.0%
  • YTD16.4%

The Insurance is pretty flat in the last 7 days, but Allstate has stood out, gaining 4.7%. As for the the longer term, the industry is up 26% over the past 12 months. 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, 23 Jul 2024US$1.2tUS$825.2bUS$80.8b13x15x1.5x
Thu, 20 Jun 2024US$1.2tUS$823.4bUS$79.2b13.1x14.9x1.4x
Sat, 18 May 2024US$1.2tUS$781.0bUS$76.1b12.7x15.7x1.5x
Mon, 15 Apr 2024US$1.1tUS$795.6bUS$68.8b14.5x16.5x1.4x
Wed, 13 Mar 2024US$1.2tUS$792.4bUS$66.9b14.1x17.4x1.5x
Fri, 09 Feb 2024US$1.1tUS$785.9bUS$61.2b12.2x18.1x1.4x
Sun, 07 Jan 2024US$1.1tUS$790.2bUS$48.8b12.7x22.8x1.4x
Tue, 05 Dec 2023US$1.1tUS$792.8bUS$47.5b13x23.2x1.4x
Thu, 02 Nov 2023US$1.0tUS$809.9bUS$44.0b14.4x23.8x1.3x
Sat, 30 Sep 2023US$1.0tUS$799.4bUS$38.7b14.5x26.9x1.3x
Mon, 28 Aug 2023US$1.0tUS$799.2bUS$38.7b14.8x26.2x1.3x
Wed, 26 Jul 2023US$1.0tUS$783.9bUS$37.6b15.4x26.9x1.3x
Fri, 23 Jun 2023US$968.6bUS$774.5bUS$35.1b15.7x27.6x1.3x
Sun, 21 May 2023US$974.1bUS$774.5bUS$35.1b15.9x27.7x1.3x
Tue, 18 Apr 2023US$976.1bUS$759.0bUS$44.1b14.9x22.2x1.3x
Thu, 16 Mar 2023US$911.7bUS$759.7bUS$44.0b14.6x20.7x1.2x
Sat, 11 Feb 2023US$1.0tUS$767.1bUS$47.1b16.1x22.1x1.4x
Mon, 09 Jan 2023US$1.0tUS$777.9bUS$54.7b15.2x19.1x1.3x
Wed, 07 Dec 2022US$1.0tUS$774.4bUS$53.8b14.7x19.1x1.3x
Fri, 04 Nov 2022US$993.9bUS$769.0bUS$59.2b15.1x16.8x1.3x
Sun, 02 Oct 2022US$886.7bUS$767.1bUS$63.3b13.2x14x1.2x
Tue, 30 Aug 2022US$948.0bUS$767.2bUS$63.2b13.5x15x1.2x
Thu, 28 Jul 2022US$940.4bUS$783.7bUS$74.9b11.6x12.5x1.2x
Sat, 25 Jun 2022US$930.9bUS$787.8bUS$79.3b12x11.7x1.2x
Mon, 23 May 2022US$1.0tUS$787.9bUS$79.3b10.9x12.6x1.3x
Wed, 20 Apr 2022US$1.1tUS$787.7bUS$85.9b10.9x13x1.4x
Fri, 18 Mar 2022US$1.1tUS$816.9bUS$91.0b10.7x12x1.3x
Sun, 13 Feb 2022US$1.1tUS$799.2bUS$87.8b10.7x12.4x1.4x
Tue, 11 Jan 2022US$1.1tUS$801.0bUS$88.3b11.4x12.5x1.4x
Thu, 09 Dec 2021US$1.1tUS$801.0bUS$88.3b10.8x12.1x1.3x
Sat, 06 Nov 2021US$1.1tUS$792.0bUS$86.0b10.7x12.6x1.4x
Mon, 04 Oct 2021US$1.0tUS$771.4bUS$90.5b9.7x11.2x1.3x
Wed, 01 Sep 2021US$1.0tUS$771.8bUS$90.4b10x11.4x1.3x
Price to Earnings Ratio

11.2x


Total Market Cap: US$1.0tTotal Earnings: US$90.4bTotal Revenue: US$771.8bTotal Market Cap vs Earnings and Revenue0%0%0%
U.S. Insurance Industry Price to Earnings3Y Average 17.7x202220232024
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 14.9x which is lower than its 3-year average PE of 17.7x.
  • The 3-year average PS ratio of 1.3x is lower than the industry's current PS ratio of 1.5x.
Past Earnings Growth
  • The earnings for companies in the Insurance industry have declined 3.7% per year over the last three years.
  • Meanwhile revenues for these companies have grown 2.3% 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, which has decreased profits.

Industry Trends

Which industries have driven the changes within the U.S. Financials industry?

US Market-1.07%
Financials0.71%
Insurance-0.0037%
Life and Health Insurance0.56%
Insurance Brokers0.48%
Reinsurance-0.012%
Property and Casualty Insurance-0.24%
General Insurance-1.91%
Industry PE
  • Investors are most optimistic about the Insurance Brokers industry, which is trading close to its 3-year average PE ratio of 34.7x.
    • Analysts are expecting annual earnings growth of 16.2%, which is lower than the prior year's growth of 22.2% per year.
  • Investors are most pessimistic about the Reinsurance industry, although it looks like investor sentiment has improved given that it's trading above its 3-year average.
Forecasted Growth
  • Analysts are most optimistic on the Insurance Brokers industry, expecting annual earnings growth of 16% over the next 5 years.
  • However this is lower than its past earnings growth rate of 22% per year.
  • In contrast, the General 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
ALL AllstateUS$174.834.7%
+US$2.1b		55.9%PE37.9x
CB ChubbUS$262.010.7%
+US$759.5m		30.7%PE11.8x
AFL AflacUS$94.501.2%
+US$642.1m		30.4%PE10x
MET MetLifeUS$75.241.1%
+US$576.0m		21.4%PE24.7x
ERIE Erie IndemnityUS$384.262.6%
+US$506.7m		84.3%PE41.5x
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Latest News

FNF

US$53.82

Fidelity National Financial

7D

1.7%

1Y

41.6%

SIGI

US$83.49

Selective Insurance Group

7D

-14.9%

1Y

-18.4%

TRV

US$205.42

Travelers Companies

7D

-3.7%

1Y

17.5%

PGR

US$216.30

Progressive

7D

-0.4%

1Y

72.7%

MKL

US$1,562.66

Markel Group

7D

-2.2%

1Y

9.7%

KNSL

US$373.29

Kinsale Capital Group

7D

-6.2%

1Y

-2.7%

ALL

US$174.83

Allstate

7D

4.7%

1Y

55.9%

AON

US$299.12

Aon

7D

0.6%

1Y

-12.7%

ERIE

US$384.26

Erie Indemnity

7D

2.6%

1Y

84.3%

CB

US$262.01

Chubb

7D

0.7%

1Y

30.7%

AIG

US$76.08

American International Group

7D

-2.0%

1Y

26.3%

MET

US$75.24

MetLife

7D

1.1%

1Y

21.4%

AFL

US$94.50

Aflac

7D

1.2%

1Y

30.4%

Aflac Incorporated's (NYSE:AFL) Shares Lagging The Market But So Is The Business

Jul 11
Aflac Incorporated's (NYSE:AFL) Shares Lagging The Market But So Is The Business

CINF

US$120.39

Cincinnati Financial

7D

-2.3%

1Y

17.2%

AJG

US$271.76

Arthur J. Gallagher

7D

0.5%

1Y

23.7%

WRB

US$51.82

W. R. Berkley

7D

-4.1%

1Y

26.8%