We relaunch full coverage of Japanese insurers Tokio Marine Holdings, MS&AD Insurance Group, Sompo Holdings, and Dai-Ichi Life Holdings. The Topix Insurance Index has risen 38% in 2024, the best performance among 33 Topix sectors and versus a 7% rise in the broad Japanese stock market.
Cheaper than Tokio Marine, but with more excess capital and stronger historical returns than MS&AD, Sompo may be a kind of golden average for investors in Japan's nonlife sector.
The effects of Sompo's scandal surrounding its relationship with auto dealer Bigmotor could reduce Sompo's domestic market share permanently, although the scale of any decline is not likely to be very large.
|
Metric
|
8630
|
8725
|
8766
|
|---|---|---|---|
Price/Earnings (Normalized) | 8.22 | 28.98 | 16.26 |
Price/Book Value | 1.13 | 1.14 | 2.13 |
Price/Sales | 0.66 | 0.59 | 1.56 |
Price/Cash Flow | 14.33 | — | 20.73 |
|
Metric
|
8630
|
8725
|
8766
|
|---|---|---|---|
Quick Ratio | — | — | — |
Current Ratio | — | — | — |
Interest Coverage | 35.88 | 45.22 | 32.60 |
|
Metric
|
8630
|
8725
|
8766
|
|---|---|---|---|
Return on Assets (Normalized) | 3.45% | 1.62% | 2.89% |
Return on Equity (Normalized) | 20.34% | 11.22% | 19.62% |
Return on Invested Capital (Normalized) | 16.21% | 9.50% | 19.06% |
|
1-Day Chart
|
Name
|
Price
|
Morningstar Rating for Stocks
|
Capital Allocation
|
Economic Moat
|
Market Cap
|
|---|---|---|---|---|---|---|
| Progressive Corp
PGR
| Cmyngfhyj | Tzgwv | $149.6 Bil | |||
| Chubb Ltd
CB
| Lswxplzc | Xvmpchc | $117.4 Bil | |||
| Tokio Marine Holdings Inc ADR
TKOMY
| Gdpfjdrm | Rmwr | $74.7 Bil | |||
| Tokio Marine Holdings Inc
TKOMF
| — | Kngny | $74.7 Bil | |||
| The Travelers Companies Inc
TRV
| Zzlmlmpq | Ksqqmqp | $53.8 Bil | |||
| Allstate Corp
ALL
| Rlbnpmyq | Dkxw | $50.3 Bil | |||
| The People's Insurance Co (Group) of China Ltd ADR
PINXY
| — | Qllm | $42.4 Bil | |||
| The People's Insurance Co (Group) of China Ltd Class H
PINXF
| — | Pxb | $42.4 Bil | |||
| WR Berkley Corp
WRB
| Gqffzlmbv | Lprclm | $22.3 Bil | |||
| Markel Group Inc
MKL
| Svkfzct | Ldgt | $20.8 Bil |
United States