Property & Casualty Insurance Stocks — Fair Value & Margin of Safety

Equity Rank covers 43 Property & Casualty Insurance companies; 43 have a published model fair value, and 23 of those (53%) trade below the model estimate. The median model fair value sits 6.6% above the current price, under these model assumptions. Data as of 2026-10-22.

Source: Equity Rank — Property & Casualty Insurance stocks. Model fair value is a multi-method blend (DCF, Graham Number, earnings power, sector multiples and more), recomputed after each U.S. market close.

Property & Casualty Insurance stocks furthest below the model estimate

Among companies valued by at least five methods. A wide gap can also mean the models are missing something.

  1. GBLI — Global Indemnity Group, LLC Class A Common Stock: model fair value $38.72 vs. price $24.27, a model fair value differential of 59.5% above the current price (as of 2026-10-22)
  2. HRTG — Heritage Insurance Hldgs Inc: model fair value $56.62 vs. price $37.70, a model fair value differential of 50.2% above the current price (as of 2026-10-22)
  3. ACIC — American Coastal Insurance Corp: model fair value $17.02 vs. price $11.39, a model fair value differential of 49.4% above the current price (as of 2026-10-22)
  4. ALL — The Allstate Corporation: model fair value $382.03 vs. price $259.07, a model fair value differential of 47.5% above the current price (as of 2026-10-22)
  5. WTM — White Mountains Insurance Group Ltd: model fair value $3215.10 vs. price $2247.52, a model fair value differential of 43.0% above the current price (as of 2026-10-22)
  6. AII — American Integrity Insurance Group, Inc.: model fair value $41.51 vs. price $29.17, a model fair value differential of 42.3% above the current price (as of 2026-10-22)
  7. CNA — CNA Financial Corporation: model fair value $66.96 vs. price $49.39, a model fair value differential of 35.6% above the current price (as of 2026-10-22)
  8. DGICA — Donegal Group A Inc: model fair value $25.95 vs. price $19.21, a model fair value differential of 35.0% above the current price (as of 2026-10-22)
  9. UVE — Universal Insurance Holdings Inc: model fair value $65.13 vs. price $48.35, a model fair value differential of 34.7% above the current price (as of 2026-10-22)
  10. ORI — Old Republic International Corp: model fair value $51.91 vs. price $40.08, a model fair value differential of 29.5% above the current price (as of 2026-10-22)

All 43 Property & Casualty Insurance companies

TickerCompanyPriceModel fair valueGap
CBChubb Ltd$363.95$337.35-7.3%
PGRProgressive Corp$229.62$193.57-15.7%
TRVThe Travelers Companies Inc$405.44$378.97-6.5%
ALLThe Allstate Corporation$259.07$382.03+47.5%
WRBW. R. Berkley Corp$75.55$64.00-15.3%
CINFCincinnati Financial Corporation$178.28$189.19+6.1%
MKLMarkel Corporation$1905.39$2276.01+19.4%
LLoews Corp$113.68$121.20+6.6%
AIZAssurant, Inc.$288.88$243.36-15.8%
CNACNA Financial Corporation$49.39$66.96+35.6%
AFGAmerican Financial Group, Inc.$153.51$134.28-12.5%
ORIOld Republic International Corp$40.08$51.91+29.5%
KNSLKinsale Capital Group Inc$390.64$297.39-23.9%
THGThe Hanover Insurance Group Inc$239.59$230.29-3.9%
RLIRLI Corp$67.01$51.20-23.6%
MCYMercury General Corporation$106.71$132.75+24.4%
SIGISelective Insurance Group, Inc.$91.74$102.24+11.4%
HGTYHagerty Inc$15.79$7.20-54.4%
WTMWhite Mountains Insurance Group Ltd$2247.52$3215.10+43.0%
PLMRPalomar Holdings Inc$144.53$99.41-31.2%
LMNDLemonade Inc$45.41$38.33-15.6%
SLDESlide Insurance Holdings, Inc. Common Stock$27.75$33.04+19.1%
SKWDSkyward Specialty Insurance Group, Inc. Common Stock$62.16$54.01-13.1%
HCIHCI Group Inc$206.68$223.40+8.1%
PRCHPorch Group Inc$17.94$16.26-9.4%
HMNHorace Mann Educators Corporation$47.37$59.29+25.2%
KMPRKemper Corporation$29.91$32.74+9.5%
STCStewart Information Services Corp$49.24$55.55+12.8%
SAFTSafety Insurance Group Inc$104.03$92.21-11.4%
UFCSUnited Fire Group Inc$57.99$65.35+12.7%
UVEUniversal Insurance Holdings Inc$48.35$65.13+34.7%
ASICAtegrity Specialty Insurance Company Holdings$23.80$27.13+14.0%
TRUPTrupanion Inc$29.91$11.98-60.0%
BOWBowhead Specialty Holdings Inc.$34.10$24.11-29.3%
HRTGHeritage Insurance Hldgs Inc$37.70$56.62+50.2%
HIPOHippo Holdings Inc$38.58$36.96-4.2%
ROOTRoot Inc$53.87$46.51-13.7%
DGICBDonegal Group B Inc$24.10$26.27+9.0%
DGICADonegal Group A Inc$19.21$25.95+35.0%
AIIAmerican Integrity Insurance Group, Inc.$29.17$41.51+42.3%
ACICAmerican Coastal Insurance Corp$11.39$17.02+49.4%
GBLIGlobal Indemnity Group, LLC Class A Common Stock$24.27$38.72+59.5%
NODKNI Holdings Inc$14.92$8.79-41.1%

Largest companies first. Gap = model fair value differential versus the current price; positive means the price sits below the model estimate. “Not published” means the models lacked reliable data.

Compare Property & Casualty Insurance peers

CB vs PGR · CB vs TRV · CB vs ALL · CB vs WRB · PGR vs TRV · PGR vs ALL · PGR vs WRB · TRV vs ALL · TRV vs WRB · ALL vs WRB

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