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7 segments · 24 companies

Insurance Value Chain

+5.7%chain · 1M

Risk data, reinsurance and underwriting connect distribution with policyholders; premium growth must be read with claims and capital costs.

  • The Insurance Value Chain covers 7 segments and 24 companies, 0 of them chokepoints.
  • Over the past month the chain's median listed company returned +5.7%, against 0.0% for the S&P 500.
  • The strongest segment is Brokers & risk services (+8.8%) and the weakest Life, annuities & benefits (+2.5%), a 6.3-point spread.

The chain, stage by stage

Upstream on the left, end demand on the right. Figures are 1-month returns; the segment shows its median.

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Property & casualtyLife & benefits
Risk data & reinsurance
Risk analytics+11.9%
Reinsurance & insurance groups+6.0%
EG+6.4%ACGL+5.6%Berkshire Hathaway
Underwriting
Personal lines+7.0%
Commercial & specialty insurance+5.7%
Life, annuities & benefits+2.5%
Distribution
Policyholder demand
Households & businesses

Which segments are leading

Median price return of the listed companies in each segment.

Risk analytics+11.9%
Brokers & risk services+8.8%
Personal lines+7.0%
Reinsurance & insurance groups+6.0%
Commercial & specialty insurance+5.7%
Life, annuities & benefits+2.5%
S&P 5000.0%
Brokers & risk services+7.7%
Reinsurance & insurance groups+2.6%
Commercial & specialty insurance+1.2%
Risk analytics−0.4%
Personal lines−1.4%
Life, annuities & benefits−1.8%
S&P 500+4.7%
Life, annuities & benefits+21.0%
Reinsurance & insurance groups+14.3%
Personal lines+13.3%
Commercial & specialty insurance+12.8%
Brokers & risk services−10.6%
Risk analytics−17.9%
S&P 500+15.8%

Key numbers

2024 global insured catastrophe losses$137BSwiss Re sigma 1/2025 · Natural catastrophes

Sources

Follow this chain every day

Hub links every company to its suppliers and customers, with news and alerts as the chain moves.

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