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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 | $509 | $1.15T | 3.0x | N/A |
| Progressive | United States of America | Insurance Carriers | $225 | $139B | 1.7x | 9.6x |
| Chubb | United States of America | Insurance Carriers | $295 | $137B | 2.5x | 10.8x |
| Cigna Group | United States of America | Insurance Carriers, Health Benefits & Financial Solutions | $271 | $100B | 0.4x | 8.0x |
| Elevance Health | United States of America | Insurance Carriers, Health Benefits & Financial Solutions | $331 | $96.9B | 0.5x | 9.6x |
| Travelers | United States of America | Insurance Carriers | $287 | $72.8B | 1.6x | 9.9x |
| MetLife | United States of America | Insurance Carriers | $79 | $68.6B | 0.9x | 7.6x |
| Aflac | United States of America | Insurance Carriers | $114 | $67.3B | 3.8x | 12.7x |
| Allstate | United States of America | Insurance Carriers | $214 | $65.2B | 1.1x | 6.1x |
| Prudential Financial | United States of America | Insurance Carriers, Asset Management | $107 | $60.6B | 1.0x | 7.0x |
| AIG | United States of America | Insurance Carriers | $76 | $48.9B | 1.8x | 10.0x |
| The Hartford | United States of America | Insurance Carriers | $132 | $41.4B | 1.5x | 9.4x |
| Arch Capital Group | United States of America | Insurance Carriers, Reinsurance | $92 | $35.4B | 2.0x | 8.7x |
| Humana | United States of America | Insurance Carriers, Health Benefits & Financial Solutions | $234 | $35.4B | 0.3x | 8.8x |
| Loews Corporation | United States of America | Insurance Carriers | $104 | $30.4B | 1.7x | N/A |
| WR Berkley | United States of America | Insurance Carriers | $77 | $29.8B | 2.3x | 10.1x |
| Markel Group | United States of America | Insurance Carriers, Reinsurance | $2061 | $26.2B | 1.6x | N/A |
| Cincinnati Financial | United States of America | Insurance Carriers | $161 | $24.6B | 2.5x | N/A |
| Fidelity National Financial | United States of America | Insurance Carriers | $58 | $17.3B | 1.2x | N/A |
| UnumGroup | United States of America | Insurance Carriers | $77 | $16.3B | 1.2x | 9.5x |
| Centene | United States of America | Insurance Carriers | $36 | $16.2B | 0.1x | 9.2x |
| Everest Group | United States of America | Reinsurance, Insurance Carriers | $320 | $15.5B | 0.9x | 7.5x |
| CNA Financial | United States of America | Insurance Carriers | $46 | $15.4B | N/A | N/A |
| Erie Insurance | United States of America | Insurance Carriers | $287 | $14.5B | 3.6x | N/A |
| Globe Life | United States of America | Insurance Carriers | $131 | $12.9B | 2.1x | 7.7x |
| Old Republic International | United States of America | Insurance Carriers | $43 | $12.1B | 1.4x | N/A |
| Assurant | United States of America | Insurance Carriers | $229 | $11.9B | 0.9x | 7.3x |
| American Financial Group | United States of America | Insurance Carriers | $142 | $11.9B | 1.7x | N/A |
| Primerica | United States of America | Insurance Carriers, Insurance Brokers | $254 | $9.5B | 2.9x | N/A |
| Kinsale Cap Group | United States of America | Insurance Carriers | $390 | $9.1B | 5.6x | 15.0x |
| AXIS Capital | United States of America | Insurance Carriers, Reinsurance | $101 | $9.0B | 1.4x | N/A |
| Jackson Financial | United States of America | Insurance Carriers | $91 | $7.8B | 1.1x | 4.1x |
| CNO Financial Group | United States of America | Insurance Carriers | $41 | $6.8B | 2.1x | N/A |
| The Hanover Insurance Group | United States of America | Insurance Carriers | $179 | $6.7B | 1.1x | 7.8x |
| MGIC Investment Corp. | United States of America | Insurance Carriers | $28 | $6.6B | 5.4x | N/A |
| Essent Group | United States of America | Insurance Carriers | $60 | $6.2B | 4.9x | N/A |
| Equitable Holdings | United States of America | Insurance Carriers, Asset Management | $43 | $6.2B | 0.4x | 2.4x |
| First American Financial | United States of America | Insurance Carriers | $62 | $6.2B | 0.9x | 11.7x |
| RLI | United States of America | Insurance Carriers | $63 | $5.9B | 2.9x | N/A |
| Selective Insurance | United States of America | Insurance Carriers | $78 | $5.8B | 1.2x | 10.3x |
| Radian Group | United States of America | Insurance Carriers | $34 | $5.8B | 4.6x | N/A |
| Enact Holdings | United States of America | Insurance Carriers | $38 | $5.6B | 4.5x | N/A |
| Assured Guaranty | United States of America | Insurance Carriers | $87 | $5.5B | 5.6x | N/A |
| White Mountains | United States of America | Insurance Carriers | $1900 | $5.3B | N/A | N/A |
| Lemonade | United States of America | Insurance Carriers, Vertical AI Applications, Neoinsurance | $67 | $4.8B | 6.9x | -35.9x |
| Brighthouse Financial | United States of America | Insurance Carriers | $66 | $4.7B | 0.5x | 2.7x |
| F&G Annuities & Life | United States of America | Insurance Carriers | $31 | $4.2B | 0.7x | N/A |
| Mercury Insurance | United States of America | Insurance Carriers | $88 | $4.2B | 0.8x | N/A |
| Lincoln National | United States of America | Insurance Carriers | $41 | $3.9B | 0.2x | 1.8x |
| Neptune Insurance Hldgs | United States of America | Insurance Carriers | $24 | $3.8B | N/A | N/A |
| MBIA | United States of America | Insurance Carriers | $8 | $3.7B | 101.9x | N/A |
| Aspen Insurance | United States of America | Insurance Carriers | $37 | $3.5B | 1.0x | N/A |
| Palomar Holdings | United States of America | Insurance Carriers | $128 | $3.3B | 1.7x | N/A |
| National MI | United States of America | Insurance Carriers | $38 | $3.2B | 5.3x | N/A |
| Kemper | United States of America | Insurance Carriers | $36 | $3.0B | 0.6x | N/A |
| Genworth Financial | United States of America | Insurance Carriers | $8 | $2.8B | 0.4x | N/A |
| Horace Mann | United States of America | Insurance Carriers | $46 | $2.7B | 2.1x | N/A |
| Oscar Health | United States of America | Neoinsurance, Telemedicine & Virtual Care, Insurance Carriers | $14 | $2.6B | 0.2x | -19.7x |
| SiriusPoint | United States of America | Reinsurance, Insurance Carriers | $20 | $2.6B | 0.9x | N/A |
| Stewart Title | United States of America | Insurance Carriers | $73 | $2.4B | 0.9x | 11.9x |
| Skyward Specialty | United States of America | Insurance Carriers | $49 | $1.9B | 0.9x | N/A |
| Fidelis Insurance | United States of America | Insurance Carriers, Reinsurance | $18 | $1.9B | 0.5x | N/A |
| Hamilton Insurance Group | United States of America | Insurance Carriers, Reinsurance | $26 | $1.8B | 0.6x | 2.7x |
| ProAssurance | United States of America | Insurance Carriers | $24 | $1.6B | 1.7x | N/A |
| Hagerty | United States of America | Insurance Carriers | $13 | $1.4B | 1.0x | 8.3x |
| HCI Group | United States of America | Insurance Carriers | $180 | $1.4B | 1.6x | N/A |
| Trupanion | United States of America | Insurance Carriers, Neoinsurance | $36 | $1.3B | 0.9x | 19.5x |
| Accelerant Holdings | United States of America | Insurance Carriers | $13 | $1.3B | N/A | N/A |
| Safety Insurance Group | United States of America | Insurance Carriers | $76 | $1.1B | 0.9x | N/A |
| Abacus Global Management | United States of America | Asset Management, Insurance Carriers | $6 | $941M | 4.6x | 8.0x |
| Tiptree | United States of America | Insurance Carriers | $19 | $904M | N/A | N/A |
| Ategrity Specialty | United States of America | Insurance Carriers | $19 | $892M | N/A | N/A |
| Clover Health | United States of America | Managed Care, Health Data & Analytics, Neoinsurance, Health Benefits & Financial Solutions, Insurance Carriers | $2 | $880M | 0.5x | 34.3x |
| UFG Insurance | United States of America | Insurance Carriers | $37 | $860M | 0.7x | N/A |
| International General Insurance | United States of America | Insurance Carriers, Reinsurance | $23 | $821M | 1.5x | N/A |
| Crawford | United States of America | Insurance Carriers | $11 | $776M | 0.6x | 6.2x |
| AMERISAFE | United States of America | Insurance Carriers | $42 | $732M | 2.4x | N/A |
| Root Inc. | United States of America | Insurance Carriers, Neoinsurance | $76 | $732M | 0.5x | 6.3x |
| Employers Holdings | United States of America | Insurance Carriers | $39 | $715M | 0.8x | N/A |
| Bowhead Specialty | United States of America | Insurance Carriers | $28 | $709M | 1.0x | 9.6x |
| Donegal Group | United States of America | Insurance Carriers | $19 | $707M | 0.8x | N/A |
| Universal Insurance Holdings | United States of America | Insurance Carriers | $34 | $654M | 0.3x | N/A |
| Hippo Insurance | United States of America | Insurance Carriers, Neoinsurance | $32 | $605M | 1.3x | -28.7x |
| Investors Title | United States of America | Insurance Carriers | $271 | $497M | N/A | N/A |
| James River Group | United States of America | Insurance Carriers | $6 | $480M | 0.8x | 8.8x |
| Heritage Insurance | United States of America | Insurance Carriers | $30 | $474M | 0.6x | N/A |
| American Coastal | United States of America | Insurance Carriers | $12 | $454M | 0.7x | N/A |
| Kingsway Financial Servs | United States of America | Insurance Carriers | $13 | $430M | N/A | N/A |
| Waterdrop | United States of America | Insurance Brokers, Insurance Carriers, Neoinsurance | $2 | $377M | 0.8x | 6.7x |
| Ambac Financial Group | United States of America | Insurance Carriers | $9 | $350M | 5.1x | 17.7x |
| American Integrity | United States of America | Insurance Carriers | $24 | $330M | 0.4x | N/A |
| Citizens | United States of America | Insurance Carriers | $6 | $261M | 1.0x | N/A |
| Nodak Insurance | United States of America | Insurance Carriers | $14 | $256M | N/A | N/A |
| Kingstone Companies | United States of America | Insurance Carriers | $14 | $182M | 0.7x | N/A |
Valuation multiples as of last 12 months (LTM). Stock prices as of November 18, 2025. Financial data powered by Morningstar and FactSet.
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