American International Group (NYSE:AIG) Is Increasing Its Dividend To $0.40
May 05
U.S. Insurance Industry Analysis
UpdatedMay 09, 2024
DataAggregated Company Financials
Companies121
- 7D2.4%
- 3M7.1%
- 1Y28.6%
- YTD12.9%
The Insurance industry is up 2.4% in the last week, with Progressive up 1.9%. This takes the industry's 12 month performance to a gain of 29%. Earnings are forecast to grow by 8.8% annually.
Industry Valuation and Performance
Has the U.S. Insurance Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Thu, 09 May 2024 | US$1.2t | US$819.5b | US$79.4b | 13x | 14.8x | 1.4x |
| Sat, 06 Apr 2024 | US$1.2t | US$792.6b | US$66.9b | 14.6x | 17.6x | 1.5x |
| Mon, 04 Mar 2024 | US$1.1t | US$791.6b | US$66.6b | 14.9x | 17.1x | 1.4x |
| Wed, 31 Jan 2024 | US$1.2t | US$794.3b | US$49.9b | 12.9x | 23.2x | 1.5x |
| Fri, 29 Dec 2023 | US$1.1t | US$792.9b | US$47.7b | 13.1x | 22.9x | 1.4x |
| Sun, 26 Nov 2023 | US$1.1t | US$792.8b | US$47.5b | 12.6x | 23.2x | 1.4x |
| Tue, 24 Oct 2023 | US$1.0t | US$804.2b | US$40.0b | 14.5x | 25.5x | 1.3x |
| Thu, 21 Sep 2023 | US$1.1t | US$799.3b | US$38.7b | 14.8x | 27.3x | 1.3x |
| Sat, 19 Aug 2023 | US$1.0t | US$799.0b | US$38.6b | 15.2x | 26.2x | 1.3x |
| Mon, 17 Jul 2023 | US$974.2b | US$781.6b | US$37.8b | 15.2x | 25.8x | 1.2x |
| Wed, 14 Jun 2023 | US$970.4b | US$774.5b | US$35.1b | 15.4x | 27.6x | 1.3x |
| Fri, 12 May 2023 | US$973.0b | US$774.1b | US$35.7b | 15.9x | 27.3x | 1.3x |
| Sun, 09 Apr 2023 | US$966.4b | US$759.1b | US$44.1b | 15.3x | 21.9x | 1.3x |
| Tue, 07 Mar 2023 | US$1.0t | US$759.7b | US$44.1b | 17.3x | 23.1x | 1.3x |
| Thu, 02 Feb 2023 | US$1.0t | US$782.4b | US$53.2b | 16.4x | 19.6x | 1.3x |
| Sat, 31 Dec 2022 | US$1.0t | US$777.8b | US$54.7b | 14.9x | 18.6x | 1.3x |
| Mon, 28 Nov 2022 | US$1.0t | US$777.8b | US$54.6b | 14.4x | 19x | 1.3x |
| Wed, 26 Oct 2022 | US$957.1b | US$766.4b | US$63.5b | 13.7x | 15.1x | 1.2x |
| Fri, 23 Sep 2022 | US$921.2b | US$795.2b | US$74.2b | 13.1x | 12.4x | 1.2x |
| Sun, 21 Aug 2022 | US$983.4b | US$775.5b | US$56.6b | 14.3x | 17.4x | 1.3x |
| Tue, 19 Jul 2022 | US$924.8b | US$783.0b | US$77.4b | 11.3x | 12x | 1.2x |
| Thu, 16 Jun 2022 | US$938.1b | US$787.8b | US$79.3b | 11.2x | 11.8x | 1.2x |
| Sat, 14 May 2022 | US$1.0t | US$787.9b | US$79.2b | 10.9x | 12.9x | 1.3x |
| Mon, 11 Apr 2022 | US$1.1t | US$787.4b | US$87.1b | 10.9x | 12.9x | 1.4x |
| Wed, 09 Mar 2022 | US$1.0t | US$817.3b | US$91.2b | 9.9x | 11.3x | 1.3x |
| Fri, 04 Feb 2022 | US$1.1t | US$803.4b | US$87.9b | 11.2x | 12.4x | 1.4x |
| Sun, 02 Jan 2022 | US$1.1t | US$801.0b | US$88.3b | 10.8x | 12.3x | 1.4x |
| Tue, 30 Nov 2021 | US$1.1t | US$801.0b | US$88.3b | 10.4x | 11.9x | 1.3x |
| Thu, 28 Oct 2021 | US$1.1t | US$774.4b | US$89.7b | 9.9x | 12.2x | 1.4x |
| Sat, 25 Sep 2021 | US$1.0t | US$771.4b | US$90.5b | 9.5x | 11.3x | 1.3x |
| Mon, 23 Aug 2021 | US$1.0t | US$771.8b | US$90.4b | 10.1x | 11.4x | 1.3x |
| Sat, 10 Jul 2021 | US$991.4b | US$770.6b | US$90.4b | 9.5x | 11x | 1.3x |
Price to Earnings Ratio
15.8x
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 14.8x which is lower than its 3-year average PE of 17.6x.
- The industry is trading close to its 3-year average PS ratio of 1.3x.
Past Earnings Growth
- The earnings for companies in the Insurance industry have grown 7.0% per year over the last three years.
- Revenues for these companies have grown 3.7% 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 | 3.30% | |
| Financials | 2.80% | |
| Insurance | 2.36% | |
| Reinsurance | 4.78% | |
| General Insurance | 4.70% | |
| Life and Health Insurance | 2.39% | |
| Property and Casualty Insurance | 2.06% | |
| Insurance Brokers | 1.95% | |
Industry PE
- Investors are most optimistic about the Insurance Brokers industry, which is trading close to its 3-year average PE ratio of 34.3x.
- Analysts are expecting annual earnings growth of 15.9%, which is higher than its past year's earnings decline of 6.1% 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.
- This is better than its past earnings decline of 6.1% per year.
- In contrast, the General Insurance industry is expected to see its earnings grow by 2.7% per year over the next few years.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| PGR Progressive | US$215.90 | 1.9% +US$2.4b | 60.7% | PE22x | |
| AIG American International Group | US$79.89 | 5.4% +US$1.9b | 51.9% | PE11.1x | |
| MMC Marsh & McLennan Companies | US$203.59 | 1.9% +US$1.9b | 12.8% | PE25.6x | |
| MKL Markel Group | US$1.62k | 9.4% +US$1.7b | 18.2% | PE8.6x | |
| PRU Prudential Financial | US$116.69 | 3.9% +US$1.5b | 45.2% | PE19.6x |