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| Company | Headquarters | Sector | Stock Price | Enterprise Value | EV/Revenue | EV/EBITDA |
|---|---|---|---|---|---|---|
| Berkshire Hathaway | United States of America | Insurance Carriers, Reinsurance, Diversified Industrials | $514 | $1.16T | 3.0x | N/A |
| Ping An Insurance | China | Insurance Carriers | CNY 56 | $207B | 1.4x | N/A |
| Allianz | Germany | Insurance Carriers | €372 | $168B | 0.8x | 8.4x |
| AXA | France | Insurance Carriers | €39 | $158B | 1.2x | 12.8x |
| China Life Insurance | China | Insurance Carriers | CNY 39 | $145B | 1.8x | 10.8x |
| China Life Insurance Co | Hong Kong | Insurance Carriers | HKD 42 | $145B | 1.8x | 10.8x |
| Progressive | United States of America | Insurance Carriers | $229 | $141B | 1.7x | 9.9x |
| Chubb | United States of America | Insurance Carriers | $296 | $137B | 2.5x | 10.8x |
| AIA Group | Hong Kong | Insurance Carriers | HKD 81 | $114B | 5.5x | 13.1x |
| Zurich Insurance Group | Switzerland | Insurance Carriers | CHF 577 | $110B | 1.8x | 14.3x |
| Cigna Group | United States of America | Insurance Carriers, Health Benefits & Financial Solutions | $277 | $102B | 0.4x | 8.1x |
| Elevance Health | United States of America | Insurance Carriers, Health Benefits & Financial Solutions | $338 | $98.6B | 0.5x | 9.8x |
| Generali | Italy | Insurance Carriers | €34 | $95.3B | 0.8x | 10.5x |
| Travelers | United States of America | Insurance Carriers | $293 | $74.0B | 1.7x | 10.0x |
| MetLife | United States of America | Insurance Carriers | $77 | $67.2B | 0.8x | 7.5x |
| Aflac | United States of America | Insurance Carriers | $110 | $65.2B | 3.7x | 12.3x |
| Allstate | United States of America | Insurance Carriers | $213 | $64.9B | 1.1x | 6.0x |
| Tokio Marine Holdings | Japan | Insurance Carriers | JPY 5509 | $62.1B | 1.2x | 7.0x |
| Prudential Financial | United States of America | Insurance Carriers, Asset Management | $108 | $61.0B | 1.0x | 7.0x |
| Life Insurance Corporation of India | India | Insurance Carriers | INR 894 | $57.0B | 0.5x | N/A |
| Fubon Financial | Taiwan | Insurance Carriers | TWD 93 | $56.1B | 5.5x | N/A |
| Manulife | Canada | Insurance Carriers | CAD 49 | $55.3B | 2.3x | 13.5x |
| People's Insurance Co | China | Insurance Carriers | CNY 8 | $54.2B | 0.6x | N/A |
| People's Insurance Co. | Hong Kong | Insurance Carriers | HKD 9 | $54.2B | 0.6x | 5.3x |
| PICC Property & Casualty | Hong Kong | Insurance Carriers | HKD 18 | $51.0B | 0.7x | 6.4x |
| AIG | United States of America | Insurance Carriers | $76 | $48.7B | 1.8x | 9.9x |
| Power Corporation of Canada | Canada | Insurance Carriers, Asset Management | CAD 71 | $44.3B | 3.3x | N/A |
| Fairfax Financial | Canada | Insurance Carriers, Reinsurance | CAD 2406 | $43.5B | 1.3x | N/A |
| Cathay Financial Holdings | Taiwan | Insurance Carriers | TWD 64 | $43.4B | 3.8x | N/A |
| Great-West Lifeco | Canada | Insurance Carriers, Reinsurance | CAD 65 | $43.2B | 13.9x | N/A |
| The Hartford | United States of America | Insurance Carriers | $137 | $42.7B | 1.5x | 9.7x |
| China Pacific Insurance | China | Insurance Carriers | CNY 33 | $41.5B | 0.7x | 6.0x |
| Intact Financial Corp. | Canada | Insurance Carriers | CAD 285 | $40.4B | 2.3x | 13.3x |
| Swiss Life | Switzerland | Insurance Carriers, Asset Management | CHF 881 | $37.8B | 1.6x | N/A |
| Humana | United States of America | Insurance Carriers, Health Benefits & Financial Solutions | $246 | $36.8B | 0.3x | 9.1x |
| Talanx | Germany | Insurance Carriers, Reinsurance | €112 | $36.5B | 0.6x | 5.9x |
| Prudential | United Kingdom of Great Britain and Northern Ireland | Insurance Carriers | £11 | $36.4B | 4.4x | 10.8x |
| Arch Capital Group | United States of America | Insurance Carriers, Reinsurance | $94 | $36.2B | 2.0x | 8.9x |
| Sun Life Financial | Canada | Insurance Carriers, Asset Management | CAD 83 | $33.5B | 5.0x | 8.8x |
| Sampo | Finland | Insurance Carriers | €10 | $32.7B | 3.2x | 13.1x |
| Loews Corporation | United States of America | Insurance Carriers | $108 | $31.2B | 1.8x | N/A |
| WR Berkley | United States of America | Insurance Carriers | $78 | $30.0B | 2.3x | 10.1x |
| Samsung Life Insurance | South Korea | Insurance Carriers | KRW 152900 | $29.7B | 38.3x | N/A |
| Markel Group | United States of America | Insurance Carriers, Reinsurance | $2080 | $26.5B | 1.6x | N/A |
| MS&AD Insurance Group | Japan | Insurance Carriers | JPY 3465 | $26.0B | 0.6x | 4.6x |
| Cincinnati Financial | United States of America | Insurance Carriers | $168 | $25.6B | 2.6x | N/A |
| NN Group | Netherlands | Insurance Carriers | €62 | $25.5B | 1.5x | 8.3x |
| Sompo Holdings | Japan | Insurance Carriers | JPY 4953 | $25.5B | 0.8x | 5.9x |
| New China Life Insurance | China | Insurance Carriers | CNY 58 | $24.4B | 1.2x | 4.5x |
| Dai-ichi Life | Japan | Insurance Carriers | JPY 1218 | $22.7B | 0.4x | 6.3x |
| SBI Life Insurance Co | India | Insurance Carriers | INR 1968 | $21.9B | 2.1x | 67.5x |
| ASR Nederland | Netherlands | Insurance Carriers, Asset Management | €58 | $20.9B | 2.0x | 12.2x |
| QBE Insurance | Australia | Insurance Carriers | AUD 19 | $20.8B | 1.1x | 8.2x |
| Unipol | Italy | Insurance Carriers | €20 | $20.3B | 1.0x | N/A |
| PZU | Poland | Insurance Carriers | PLN 63 | $19.0B | 2.2x | N/A |
| HDFC Life Insurance | India | Insurance Carriers | INR 764 | $18.6B | 2.2x | 1.6x |
| Centene | United States of America | Insurance Carriers | $39 | $17.7B | 0.1x | 11.2x |
| Fidelity National Financial | United States of America | Insurance Carriers | $59 | $17.7B | 1.3x | N/A |
| UnumGroup | United States of America | Insurance Carriers | $76 | $16.1B | 1.2x | 9.5x |
| CNA Financial | United States of America | Insurance Carriers | $47 | $15.6B | N/A | N/A |
| Baloise Group | Switzerland | Insurance Carriers | CHF 210 | $15.6B | 1.4x | N/A |
| Tryg | Denmark | Insurance Carriers | DKK 160 | $15.6B | 2.5x | 14.4x |
| Mapfre | Spain | Insurance Carriers, Reinsurance | €4 | $15.5B | 0.5x | N/A |
| Everest Group | United States of America | Reinsurance, Insurance Carriers | $314 | $15.2B | 0.9x | 7.2x |
| Helvetia Group | Switzerland | Insurance Carriers | CHF 208 | $15.0B | 1.1x | N/A |
| ageas | Belgium | Insurance Carriers | €59 | $15.0B | 1.6x | N/A |
| Erie Insurance | United States of America | Insurance Carriers | $295 | $15.0B | 3.7x | N/A |
| Admiral Group | United Kingdom of Great Britain and Northern Ireland | Insurance Carriers | £32 | $14.2B | 2.0x | 12.4x |
| Gjensidige Forsikring | Norway | Insurance Carriers | NOK 283 | $13.9B | 3.3x | N/A |
| Aegon | Netherlands | Insurance Carriers | €7 | $13.9B | 0.8x | 7.2x |
| Insurance Australia Group | Australia | Insurance Carriers | AUD 8 | $13.5B | 1.2x | 9.7x |
| China Taiping Insurance | Hong Kong | Insurance Carriers, Reinsurance | HKD 17 | $13.2B | 0.9x | 1.6x |
| Suncorp Group | Australia | Insurance Carriers | AUD 18 | $13.2B | 1.4x | 11.9x |
| Globe Life | United States of America | Insurance Carriers | $135 | $13.1B | 2.2x | 7.9x |
| Samsung Fire & Marine Insurance | South Korea | Insurance Carriers | KRW 474467 | $13.1B | 1.2x | 5.9x |
| Old Republic International | United States of America | Insurance Carriers | $46 | $12.8B | 1.4x | N/A |
| KGI Financial | Taiwan | Insurance Carriers, Asset Management | TWD 16 | $12.4B | 7.3x | N/A |
| BB Seguros | Brazil | Insurance Carriers, Insurance Brokers | BRL 34 | $12.4B | 7.0x | 3.8x |
| Assurant | United States of America | Insurance Carriers | $228 | $11.9B | 0.9x | 7.4x |
| American Financial Group | United States of America | Insurance Carriers | $138 | $11.5B | 1.6x | N/A |
| iA Financial Group | Canada | Insurance Carriers | CAD 165 | $11.0B | N/A | N/A |
| ICICI Lombard | India | Insurance Carriers | INR 1971 | $10.9B | 3.3x | 47.5x |
| ICICI Prudential Life | India | Insurance Carriers | INR 619 | $10.3B | 1.8x | 63.1x |
| Sanlam | South Africa | Insurance Carriers, Asset Management | ZAR 92 | $10.1B | 5.8x | N/A |
| Primerica | United States of America | Insurance Carriers, Insurance Brokers | $257 | $9.6B | 2.9x | N/A |
| AXIS Capital | United States of America | Insurance Carriers, Reinsurance | $102 | $9.1B | 1.4x | N/A |
| Caixa Seguridade | Brazil | Insurance Carriers, Insurance Brokers | BRL 16 | $9.1B | 8.6x | 10.3x |
| Kinsale Cap Group | United States of America | Insurance Carriers | $385 | $9.0B | 5.5x | 14.8x |
| China Re | Hong Kong | Reinsurance, Insurance Carriers | HKD 2 | $8.9B | 0.5x | N/A |
| Discovery | South Africa | Insurance Carriers, Asset Management | ZAR 220 | $8.5B | 2.8x | N/A |
| T&D Holdings | Japan | Insurance Carriers | JPY 3393 | $8.4B | 0.4x | 7.1x |
| Jackson Financial | United States of America | Insurance Carriers | $98 | $8.3B | 1.2x | 4.3x |
| Medibank Pvt | Australia | Insurance Carriers | AUD 5 | $8.3B | 1.4x | 16.0x |
| Aviva | United Kingdom of Great Britain and Northern Ireland | Insurance Carriers | £7 | $7.9B | 0.1x | N/A |
| FWD Group Holdings | Hong Kong | Insurance Carriers | HKD 39 | $7.7B | N/A | N/A |
| Great Eastern Life | Singapore | Insurance Carriers, Asset Management | SGD 15 | $7.7B | N/A | N/A |
| Clal Insurance | Israel | Insurance Carriers | ILS 188 | $7.5B | N/A | N/A |
| Wuestenrot & Wuerttembergische | Germany | Insurance Carriers | €14 | $7.5B | 1.4x | N/A |
| Sony Financial | Japan | Insurance Carriers | JPY 148 | $7.4B | N/A | N/A |
| Vienna Insurance Group | Austria | Insurance Carriers | €49 | $7.3B | 0.4x | N/A |
Valuation multiples as of last 12 months (LTM). Stock prices as of November 30, 2025. Financial data powered by Morningstar and FactSet.
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