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.
Dai-Ichi Life is steadily reducing its total risk amount, improving return on risk by focusing on the denominator, such as through equity sales.
The competitive and mature Japanese life insurance market does not offer growth.
|
Metric
|
8750
|
8766
|
PRU
|
|---|---|---|---|
Price/Earnings (Normalized) | 16.67 | 15.65 | 9.64 |
Price/Book Value | 0.91 | 2.05 | 1.54 |
Price/Sales | 0.35 | 1.50 | 0.70 |
Price/Cash Flow | — | 19.95 | 5.27 |
|
Metric
|
8750
|
8766
|
PRU
|
|---|---|---|---|
Quick Ratio | — | — | — |
Current Ratio | — | — | — |
Interest Coverage | 11.76 | 32.60 | — |
|
Metric
|
8750
|
8766
|
PRU
|
|---|---|---|---|
Return on Assets (Normalized) | 0.83% | 2.89% | 0.65% |
Return on Equity (Normalized) | 17.22% | 19.62% | 16.69% |
Return on Invested Capital (Normalized) | 11.19% | 19.06% | 7.34% |
|
1-Day Chart
|
Name
|
Price
|
Morningstar Rating for Stocks
|
Capital Allocation
|
Economic Moat
|
Market Cap
|
|---|---|---|---|---|---|---|
| China Life Insurance Co Ltd Class H
CILJF
| — | Pjptd | $132.9 Bil | |||
| Ping An Insurance (Group) Co. of China Ltd Class H
PIAIF
| Xksmslrwg | Bdn | $126.2 Bil | |||
| Ping An Insurance (Group) Co. of China Ltd ADR
PNGAY
| — | Xbt | $126.2 Bil | |||
| AIA Group Ltd ADR
AAGIY
| — | Rlrx | $95.7 Bil | |||
| AIA Group Ltd
AAIGF
| — | Rgfx | $95.7 Bil | |||
| Aflac Inc
AFL
| Gsmhlnm | Kddjyh | $61.9 Bil | |||
| MetLife Inc
MET
| Whkxkjqnf | Mygj | $57.8 Bil | |||
| Manulife Financial Corp
MFC
| Zvcdzpnmv | Pnb | $52.4 Bil | |||
| Prudential Financial Inc
PRU
| Kgpztgtw | Vxmh | $43.1 Bil | |||
| Prudential PLC ADR
PUK
| Bxhzjbbg | Msw | $25.3 Bil |
United States