Last month, narrow-moat insurance broker AUB Group raised AUD 200 million via an institutional placement to fund the acquisition of a 70% interest in Pacific Indemnity Underwriting Solutions, an insurance underwriting agency. As the name suggests, Pacific specializes in professional indemnity, directors and officers liability, and general liability insurance.
AUB's scale and expertise in insurance products and services leave it well placed to benefit from higher insurance pricing.
Insurance volumes and prices are closely tied to the insurance cycle and general economic conditions. Downside risk could increase in a recession.
|
Metric
|
AUB
|
SDF
|
WTW
|
|---|---|---|---|
Price/Earnings (Normalized) | 30.18 | 29.79 | 17.42 |
Price/Book Value | 2.69 | 2.98 | 2.82 |
Price/Sales | 3.65 | 5.89 | 2.87 |
Price/Cash Flow | 26.86 | 23.65 | 16.20 |
|
Metric
|
AUB
|
SDF
|
WTW
|
|---|---|---|---|
Quick Ratio | 1.12 | 1.48 | 0.33 |
Current Ratio | 1.14 | 1.50 | 1.12 |
Interest Coverage | 2.73 | 5.85 | 6.16 |
|
Metric
|
AUB
|
SDF
|
WTW
|
|---|---|---|---|
Return on Assets (Normalized) | 4.12% | 4.40% | 5.32% |
Return on Equity (Normalized) | 12.91% | 10.53% | 16.26% |
Return on Invested Capital (Normalized) | 9.59% | 4.35% | 11.25% |
|
1-Day Chart
|
Name
|
Price
|
Morningstar Rating for Stocks
|
Capital Allocation
|
Economic Moat
|
Market Cap
|
|---|---|---|---|---|---|---|
| Marsh & McLennan Companies Inc
MMC
| Fsbbvykc | Hmzktf | $105.4 Bil | |||
| Aon PLC Class A
AON
| Twrvyfgfv | Nbbysdw | $64.3 Bil | |||
| Arthur J. Gallagher & Co
AJG
| — | Wnwz | $57.8 Bil | |||
| Willis Towers Watson PLC
WTW
| Dcdkrlpc | Bgwfmr | $26.7 Bil | |||
| Brown & Brown Inc
BRO
| — | Knqjt | $25.8 Bil | |||
| Erie Indemnity Co Class A
ERIE
| — | Lcbtt | $19.1 Bil | |||
| Steadfast Group Ltd
SFGLF
| — | Fzhhx | $4.6 Bil | |||
| CorVel Corp
CRVL
| — | Djcgt | $4.4 Bil | |||
| The Baldwin Insurance Group Inc Class A
BWIN
| — | Tzrvg | $2.4 Bil | |||
| SelectQuote Inc Ordinary Shares
SLQT
| — | Plvdy | $500.7 Mil |
