Insurance companies
189 companies assessed. 11 of them, 5.8%, sit in the two least protected bands, against 53.3% across all 10,525 companies assessed.
The picture
Insurance is not being disrupted by AI so much as it's being reshuffled by who uses AI and distribution scale better. Mutual insurers and state-backed giants like Nippon Life, New York Life, MassMutual, Tokio Marine, and LIC are largely untouched because they don't answer to shareholders chasing growth and they own their distribution, whether that's career agents or sovereign backing. The real action is inside markets: bank-distributed insurers are eating pure-play insurers' lunch. SBI Life and HDFC Life are pulling ahead of LIC and each other through branch networks, not AI wizardry. In Korea, DB Insurance is widening its auto insurance lead over Samsung Fire using AI dashcam fault tools, a case where AI itself is the weapon. Health insurers face a different fight entirely, tied to Medicare Advantage and Medicaid policy shifts rather than tech, with Molina Healthcare losing Medicaid enrollment fastest among its peers. The one thing deciding outcomes here is distribution reach paired with underwriting discipline. Insurers that own how customers reach them, whether through agents, bank branches, or government contracts, hold their ground. Insurers selling commodity policies through someone else's channel are the ones watching competitors close in.
All 189 companies, most protected first
| Company | Standing |
|---|---|
| Aditya Birla Capital Indian financial group spanning NBFC lending, life and health insurance, and asset management | Hard to displace |
| Aflac Supplemental health and life insurer selling payroll-deduction policies in the US and Japan | Hard to displace |
| Agricultural Bank of China State-owned Chinese megabank, world's #2 by assets, with a mandated rural/county banking role | Hard to displace |
| AIA Group Pan-Asian life insurer selling protection and savings through agents and bank partners across 18 markets | Hard to displace |
| Allianz SE Allianz is a German insurer and asset manager with 97 million customers and 2.5 trillion euros AUM | Hard to displace |
| Allstate Allstate sells auto and home insurance across the US through agents and direct channels | Hard to displace |
| American Express Runs a closed-loop card network and bank charter serving premium spenders worldwide | Hard to displace |
| American Financial Group AFG underwrites specialty insurance like trucking, equine, and agribusiness through independent agents | Hard to displace |
| Ameriprise Financial Wealth management and asset management giant serving 1.7 million clients through advisors and Columbia Threadneedle funds | Hard to displace |
| Arch Capital Group Bermuda-based specialty insurer and reinsurer underwriting hard-to-place risks worldwide | Hard to displace |
| Arthur J. Gallagher Gallagher is the world's third largest insurance broker, placing commercial and personal coverage across 130 countries. | Hard to displace |
| Assurant Assurant runs device, home, and warranty protection plans sold through phone carriers and realtors, not directly to consumers | Hard to displace |
| Aviva UK-based insurer serving 25M+ customers across life, pensions, and general insurance | Hard to displace |
| Axa A 200-year-old French insurer serving 95M+ clients in about 50 countries. | Hard to displace |
| Banco Santander Spanish global bank with 180 million customers, banking licenses, and cross-border payment rails | Hard to displace |
| Bank Central Asia Indonesia's largest private bank, built on cheap deposits and a huge branch/agent network. | Hard to displace |
| Bank Mandiri State-controlled bank, Indonesia's largest by assets, loans, and deposits | Hard to displace |
| Bank of America Bank of America is a US mega-bank holding roughly $2T in deposits and serving 70 million clients | Hard to displace |
| Bank of Ayudhya (Krungsri) Thailand's fifth-largest bank, majority owned by Japan's MUFG | Hard to displace |
| Bank of China Bank of China is a state-owned mega bank and one of China's top four banks by assets | Hard to displace |
| Bank of New York (BNY) World's largest custodian bank, holding $62.6 trillion in client assets under custody | Hard to displace |
| Bank of Ningbo A regional Chinese bank serving businesses and wealthy clients in Ningbo and beyond. | Hard to displace |
| Bank of the Philippine Islands BPI is a 174-year-old Philippine universal bank with 18.2M customers and 1,277+ branches | Hard to displace |
| Bank Rakyat Indonesia State-backed Indonesian bank running rural micro-finance and MSME lending at scale | Hard to displace |
| BDO Unibank Largest bank in the Philippines by assets, running branches, ATMs, and digital lending nationwide | Hard to displace |
| Berkshire Hathaway Holding company built on insurance float, BNSF rail, and regulated utilities | Hard to displace |
| BIDV Vietnam's largest bank by assets, majority state-owned, serving retail and SME clients nationwide | Hard to displace |
| BlackRock Asset manager running $15.3T, owner of iShares ETFs and the Aladdin risk platform | Hard to displace |
| Blackstone Blackstone is the world's largest alternative asset manager, running private equity, real estate, credit, and infrastructure funds for pensions and insurers. | Hard to displace |
| BNK Financial Group Korean regional bank holding company running Busan Bank and Kyongnam Bank | Hard to displace |
| Capital One Financial Federally chartered US bank running credit cards, auto loans, and banking for consumers and businesses | Hard to displace |
| Challenger Limited Australia's largest annuity provider, selling guaranteed lifetime income backed by its own balance sheet | Hard to displace |
| Charles Schwab Discount brokerage and bank custodian holding $13.14T in client brokerage, banking, and RIA assets | Hard to displace |
| China Construction Bank State-controlled Chinese bank, one of the Big Four, holding RMB 30.84 trillion in deposits | Hard to displace |
| China Life Insurance State-controlled Chinese life insurer, #1 by market share, sold via agents and bank branches | Hard to displace |
| China Pacific Insurance China's second-largest insurer, selling life, property, and health coverage nationwide | Hard to displace |
| Chubb Limited Chubb is the world's largest publicly traded property and casualty insurer | Hard to displace |
| CIMB Group Malaysia's #2 bank by assets, spanning retail, wealth, and ASEAN commercial banking | Hard to displace |
| Cincinnati Financial Ohio-based P&C insurer selling through independent agents since 1950, now $28B in market cap | Hard to displace |
| Citigroup Citigroup is a global bank moving money, credit, and deposits across 6,000+ corporate clients worldwide. | Hard to displace |
| Citizens Financial Group Citizens Financial Group is a 200-year-old regional bank with $233.8B in assets and 1,000 branches | Hard to displace |
| Concordia Financial Group Japanese regional bank holding company for Bank of Yokohama, serving Kanagawa businesses and municipalities | Hard to displace |
| Dai-ichi Life Holdings Japan's third-largest life insurer, selling life and retirement policies via career agents | Hard to displace |
| Daiwa Securities Group Japan's second-largest securities firm and investment bank, founded 1902 | Hard to displace |
| Deutsche Bank Germany's largest bank, spanning corporate, investment, and private banking globally | Hard to displace |
| Elevance Health Elevance Health is a Fortune-20 US health insurer covering ~45 million people via Blue Cross Blue Shield plans and Medicare/Medicaid contracts. | Hard to displace |
| Federal Bank 95-year-old Indian private bank with deposits, loans, and an RBI banking license | Hard to displace |
| Fidelity National Financial Fidelity National Financial is the largest US title insurer, backing home and property closings | Hard to displace |
| Fifth Third Bancorp Fifth Third Bancorp is a 168-year-old US regional bank, now 9th-largest by assets after buying Comerica. | Hard to displace |
| First Citizens BancShares Top-20 US bank with $225B+ in assets, built on the 2023 SVB acquisition and FDIC backing | Hard to displace |
| FM FM is a mutual insurer covering commercial property risk for large global companies | Hard to displace |
| Goldman Sachs Group Global investment bank: advisory, trading, financing, and asset management for corporations and institutions | Hard to displace |
| Great Eastern Holdings Singapore's largest life insurer by assets, majority owned by OCBC Bank | Hard to displace |
| Guardian Life Ins. Co. of America A 165-year-old mutual life and disability insurer owned by its policyholders. | Hard to displace |
| GuideWell Mutual Holding Nonprofit parent of Florida Blue, the dominant Blue Cross Blue Shield insurer in Florida | Hard to displace |
| Haitong Securities Guotai Haitong is China's top brokerage after the 2025 Haitong-Guotai Junan merger. | Hard to displace |
| Hartford Insurance Group 216-year-old US property and casualty insurer, $28.4B revenue, 22% ROE | Hard to displace |
| HDFC Asset Management Company HDFC AMC runs mutual funds for Indian retail and institutional investors, managing ₹9.35 trillion. | Hard to displace |
| HDFC Bank HDFC Bank is India's largest private bank, with 9,689 branches and Rs49 lakh crore in assets. | Hard to displace |
| Hong Leong Bank 120-year-old Malaysian universal bank offering retail, SME, and commercial banking | Hard to displace |
| HSBC Holdings Global bank running trade finance, wealth, and deposits across 56+ countries | Hard to displace |
| Huntington Bancshares Regional bank with 1,400+ branches across 21 states, $285B in assets, growing through acquisitions | Hard to displace |
| ICICI Bank ICICI Bank is India's second-largest private bank, spanning retail loans, corporate credit, and digital payments. | Hard to displace |
| Industrial and Commercial Bank of China (ICBC) ICBC is the world's largest bank by assets, majority owned by the Chinese state | Hard to displace |
| Insurance Australia Group Australian general insurer selling home, motor, and business cover under IAG, NRMA, CGU, RACV brands | Hard to displace |
| Interactive Brokers Group Global electronic broker offering low cost trading across stocks, options, futures, and currencies | Hard to displace |
| Intercontinental Exchange Runs NYSE, ICE Clear, and fixed-income pricing data used across bond markets | Hard to displace |
| Jefferies Financial Group Global investment bank offering M&A advisory, underwriting, equities, and trading | Hard to displace |
| Jones Financial (Edward Jones) Private brokerage with 14,916 single-advisor branches serving small-town US and Canadian clients | Hard to displace |
| JPMorgan Chase JPMorgan Chase is the largest US bank by assets, spanning consumer banking, trading, and asset management | Hard to displace |
| KKR Global alternative-asset manager running private equity, credit, infrastructure and insurance capital | Hard to displace |
| Liberty Mutual Insurance Group Mutual insurer, 7th-largest US property and casualty carrier by premium, $50.5B revenue | Hard to displace |
| Loews Holding company controlling CNA insurance, Boardwalk gas pipelines, and hotels | Hard to displace |
| LPL Financial Holdings LPL Financial runs the largest independent broker-dealer custody platform for US financial advisors | Hard to displace |
| M&T Bank Regional bank in the Northeast and Mid-Atlantic with 940+ branches and a federal charter | Hard to displace |
| Manulife Financial Canadian insurer and asset manager with $1.7T AUMA across roughly 25 markets | Hard to displace |
| Marsh & McLennan World's largest insurance broker and risk advisor, running Marsh, Guy Carpenter, Mercer, and Oliver Wyman | Hard to displace |
| Massachusetts Mutual Life MassMutual is a 175-year-old mutual life insurer managing $584B in assets for 4.2M+ policyowners | Hard to displace |
| Maybank Malaysia's largest bank, with branches across all 10 ASEAN countries. | Hard to displace |
| Meiji Yasuda Life Insurance Company 140-year-old Japanese mutual life insurer with ¥53T in assets and no shareholders to answer to | Hard to displace |
| MetLife MetLife is a giant regulated insurer selling life, health, and group benefits worldwide | Hard to displace |
| Metrobank Metrobank is the Philippines' #4 universal bank by assets, PHP 3.88T balance sheet | Hard to displace |
| Mirae Asset Financial Group Korean asset manager and brokerage group, largest in pensions and AUM at home | Hard to displace |
| Mitsubishi UFJ Financial Group Japan's largest bank, spanning retail, corporate, and investment banking | Hard to displace |
| Mizuho Financial Group One of Japan's three megabanks, banking most of Japan's listed companies | Hard to displace |
| Morgan Stanley Global wealth manager and investment bank with $10T+ in client assets | Hard to displace |
| MS&AD Insurance Group Holdings MS&AD is Japan's second-largest property and casualty insurer, part of a three-firm group that dominates the market | Hard to displace |
| Munich Re World's largest reinsurer, backstopping insurers globally against catastrophe risk | Hard to displace |
| Mutual of Omaha 116-year-old mutual insurer selling Medicare supplement, life, and annuity products across 49 states | Hard to displace |
| Nasdaq Runs the largest US stock exchange plus market data, listings, and regtech software | Hard to displace |
| Nationwide Mutual insurer selling auto, home, life, and business coverage plus retirement plans | Hard to displace |
| New China Life Insurance State-backed Chinese life insurer selling policies via agents and bank partners | Hard to displace |
| New York Life Insurance Mutual insurer selling whole-life, annuities, and mutual funds through career agents | Hard to displace |
| Nippon Life Insurance Company Japan's largest mutual life insurer, holding ~$650bn in assets for 15M policyholders | Hard to displace |
| Northern Trust 137-year-old custodian bank serving institutions and ultra-wealthy families. | Hard to displace |
| Northwestern Mutual Mutual life insurer and wealth manager with 8,000+ advisors and $2.5T of insurance in force | Hard to displace |
| OCBC Bank Singapore's second-largest bank group, licensed lender plus 93.7%-owned insurer, across 19 markets | Hard to displace |
| Old Republic International Century-old insurer selling title insurance and specialty property/casualty coverage through licensed agents | Hard to displace |
| Orix Corporation Japanese conglomerate leasing, lending, and investing across insurance, PE, and real estate | Hard to displace |
| Pacific Life Mutual insurer selling life, annuity, and retirement products through brokers, $275B in assets | Hard to displace |
| PICC Property and Casualty Company China's largest property and casualty insurer, state-backed and dominant in auto and agriculture cover | Hard to displace |
| PNC Financial Services Group A US super-regional bank offering deposits, lending, and treasury services | Hard to displace |
| Progressive Progressive is a top US auto and home insurer, selling direct and through agents on data-driven pricing. | Hard to displace |
| Prudential Financial 150-year-old US life insurer and asset manager with $1.6T AUM and global annuity/retirement business | Hard to displace |
| Prudential plc UK-listed life insurer selling savings, health and protection policies across Asia and Africa | Hard to displace |
| Public Bank Berhad Public Bank Berhad: 60-year-old Malaysian bank for deposits, loans, and now insurance | Hard to displace |
| QBE Insurance Group 140-year-old Australian global P&C insurer and reinsurer with US$24B in premiums | Hard to displace |
| Raymond James Financial Wealth management and brokerage firm serving financial advisors and their clients | Hard to displace |
| Reinsurance Group of America RGA is a global life and health reinsurer that helps insurers manage mortality and morbidity risk | Hard to displace |
| Resona Holdings Japanese regional banking group serving retail and SME customers under a major-bank license | Hard to displace |
| RHB Bank RHB Bank is Malaysia's fourth-largest banking group, spanning retail, business, and investment banking. | Hard to displace |
| Samsung Fire & Marine Insurance South Korea's largest property and casualty insurer, leading auto insurance market share | Hard to displace |
| Samsung Life Insurance South Korea's largest life insurer, holding roughly 22% of the market | Hard to displace |
| SBI Life Insurance Life insurer and joint venture of State Bank of India, selling through SBI's branches | Hard to displace |
| Securian Financial Group Securian is a 145-year-old mutual insurer selling life, annuity, and supplemental health products | Hard to displace |
| Security Bank 75-year-old BSP-licensed Philippine universal bank with PHP1.2T in assets | Hard to displace |
| Shanghai Pudong Development Bank State-linked Chinese joint-stock bank with over RMB 10 trillion in assets | Hard to displace |
| Sompo Holdings Japanese property and casualty insurer, one of the country's top three carriers | Hard to displace |
| State Farm Insurance Largest US mutual insurer, selling auto and home coverage through a shrinking agent network | Hard to displace |
| State Street Global custody bank holding and administering institutional assets worldwide | Hard to displace |
| StoneX Group Global broker and market maker moving commodities, currencies, and securities for institutions and retail clients | Hard to displace |
| Sumitomo Life Insurance Company Japanese mutual life insurer, one of the 'big five', with US and Singapore units | Hard to displace |
| Sumitomo Mitsui Trust Holdings Japanese trust bank handling custody, asset management, and fiduciary services for institutions | Hard to displace |
| Sun Life Financial Canadian life insurer and asset manager with $1.58T under management | Hard to displace |
| Swiss Re Swiss Re is a global reinsurer, backing other insurers' catastrophic and life risk with capital. | Hard to displace |
| Synchrony Synchrony issues private-label and co-branded credit cards through banks and retail partners across the US | Hard to displace |
| Thrivent Financial Member-owned mutual insurer and financial advisor network built for faith-based communities | Hard to displace |
| TIAA Nonprofit-heritage insurer running $1.5T in retirement assets, known for guaranteed lifetime annuities | Hard to displace |
| Tokio Marine Holdings Japan's largest property & casualty insurer, licensed underwriter with global reach | Hard to displace |
| Travelers Travelers is a major US property and casualty insurer selling auto, home, and business coverage. | Hard to displace |
| U.S. Bancorp U.S. Bancorp is a chartered $726B-asset bank running consumer, business, custody, and capital markets units. | Hard to displace |
| Union Bank of India Government-owned Indian public sector bank, 107 years old, serving retail and corporate lending nationwide. | Hard to displace |
| United Overseas Bank One of Singapore's three licensed universal banks, running deposits, loans, and wealth management | Hard to displace |
| Unum Group Sells group disability, life, and supplemental insurance to employers in the US and UK. | Hard to displace |
| USAA Member-owned insurer and bank serving military families and veterans exclusively | Hard to displace |
| Vietcombank Vietnam's largest bank by market cap, majority state-owned lender and payments backbone | Hard to displace |
| VietinBank State-controlled Big-4 Vietnamese bank, second-largest by assets nationwide | Hard to displace |
| W.R. Berkley Specialty property and casualty insurer writing risk through 50+ decentralized underwriting units | Hard to displace |
| Wells Fargo Top-4 U.S. bank with $2.15T in assets serving consumers and businesses nationwide | Hard to displace |
| Western & Southern Financial Group 138-year-old mutual insurer selling life insurance and annuities to 6.3M policyholders | Hard to displace |
| Zurich Insurance Group Swiss insurer providing commercial P&C, life, and specialty coverage across 200+ countries | Hard to displace |
| AIG AIG is a global commercial property and casualty insurer selling risk coverage to large businesses worldwide. | Defensible for now |
| Ally Financial All-digital U.S. bank funding $197B in assets mostly through deposits, dominant in auto loans | Defensible for now |
| Apollo Global Management Apollo Global Management runs a $1.03T alternative asset and insurance platform anchored by Athene and Athora. | Defensible for now |
| Auto-Owners Insurance Mutual insurer selling auto, home, and business policies only through independent agents in 26 states | Defensible for now |
| Bank Danamon 70-year-old Indonesian commercial bank, 92% owned by Japan's MUFG | Defensible for now |
| Bank Negara Indonesia State-owned Indonesian bank, weakest by profit of the Big Four lenders | Defensible for now |
| Bank Tabungan Negara State bank that channels Indonesia's subsidized mortgage program to lower-income buyers | Defensible for now |
| Canara Bank Government-majority-owned Indian public sector bank with a nationwide branch and ATM network | Defensible for now |
| Corebridge Financial US life insurer underwriting annuities and retirement products, merging into Equitable | Defensible for now |
| Credit Saison 75-year-old Japanese card issuer with 20M+ cardholders now pushing into India lending. | Defensible for now |
| Equitable Holdings 167-year-old life and annuity insurer now merging with Corebridge to form a $22B giant | Defensible for now |
| Erie Insurance Group Erie Insurance sells auto, home, and business coverage through independent agents in the mid-Atlantic and Midwest | Defensible for now |
| Farmers Insurance Exchange Mutual P&C insurer using agents to sell home and auto policies, managed by Zurich's Farmers Group | Defensible for now |
| Franklin Resources Global asset manager overseeing $1.79 trillion in mutual funds, alternatives, and separately managed accounts | Defensible for now |
| Freddie Mac Federally chartered mortgage guarantor backing about 70% of US home loans | Defensible for now |
| Hang Seng Bank 93-year-old Hong Kong bank, now a wholly owned HSBC subsidiary after 2026 delisting | Defensible for now |
| HDFC Life Insurance India's #2 private life insurer, selling policies via banks, agents, and brokers | Defensible for now |
| Humana Louisville insurer and #2 Medicare Advantage player with its own clinics and pharmacy arm | Defensible for now |
| ICICI Lombard General Insurance Private Indian general insurer selling motor, health, and fire cover nationwide | Defensible for now |
| ICICI Prudential Life Insurance Indian life insurer selling policies mainly through ICICI Bank branches | Defensible for now |
| KeyCorp KeyCorp is a $189B regional bank holding company operating KeyBank across 15 states. | Defensible for now |
| Life Insurance Corporation of India (LIC) India's state-owned life insurer, covering roughly 200 million policyholders nationwide. | Defensible for now |
| Markel Group Specialty insurer writing hard-to-place commercial risk, plus a holding company of private businesses | Defensible for now |
| Meritz Financial Group Korean insurance and securities holding company built on non-life insurance and brokerage | Defensible for now |
| NH Investment & Securities Top-tier South Korean brokerage and investment bank under NongHyup Financial Group | Defensible for now |
| NongHyup Financial Group South Korean financial holding group tied to the national farm cooperative, ranked 4th of the big five banks | Defensible for now |
| Principal Financial Insurer and retirement plan manager running $781B in assets for 180,000 employers | Defensible for now |
| Regions Financial Regions Financial is a Southeast US regional bank with about 1,250 branches and $99B in loans | Defensible for now |
| Suncorp Group Australian and NZ insurer, sold its bank to ANZ, now a pure general insurer | Defensible for now |
| Truist Financial Truist is a super-regional US bank with 1,928 branches, $549B in assets, serving 10M households. | Defensible for now |
| UBS Group Swiss bank managing $6.9 trillion in client assets, formed by absorbing Credit Suisse in 2023 | Defensible for now |
| UnitedHealth Group Health insurer and services giant running Medicare, Medicaid, and Optum's data and care businesses | Defensible for now |
| American Family Insurance Group 99-year-old US mutual insurer selling home, auto, and life policies through independent agents | Protection under test |
| CITIC Securities China's largest brokerage and investment bank, state-linked, dual-listed in Shanghai and Hong Kong | Protection under test |
| Fannie Mae Government-backed giant that buys and guarantees U.S. home mortgages, still under federal conservatorship | Protection under test |
| Icahn Enterprises Leveraged activist-investing holding company (NASDAQ: IEP) built around Carl Icahn's personal stakes and campaigns | Protection under test |
| Voya Financial Voya runs retirement plans, insurance, and investment management for over 18 million US customers | Protection under test |
| AMP Limited Australian wealth manager and bank running superannuation, investment platforms, and AMP Bank | Losing its protection |
| Bank of East Asia Hong Kong's oldest independent, family-run local bank serving retail and commercial clients | Losing its protection |
| Bendigo and Adelaide Bank 168-year-old Australian regional bank running the Community Bank franchise model | Losing its protection |
| Centene Centene runs Medicaid, Medicare, and ACA marketplace health plans across 29 US states | Losing its protection |
| China Minsheng Bank National Chinese joint-stock bank with 7.85tn yuan in assets and 2,400+ branches | Losing its protection |
| IndusInd Bank Indian private bank with ~42M customers now working through an accounting and governance crisis | Losing its protection |
| Janus Henderson Janus Henderson is a $480B active asset manager, now private under Trian, General Catalyst, and QIA | Losing its protection |
| Lincoln National Lincoln National sells life insurance, annuities, and retirement plans to about 17 million people. | Losing its protection |
| Molina Healthcare Government-contracted health insurer running Medicaid managed care plans in multiple states | Losing its protection |
| Oscar Health Oscar Health sells ACA marketplace health plans using its own tech platform for claims and care. | Losing its protection |
| SoftBank Group Japanese holding company that owns Arm and invests giant sums into OpenAI and other tech bets | Losing its protection |
Questions people ask
- Will AI replace insurance companies?
- Nothing in the current picture shows AI replacing insurers outright. Instead it's changing who wins inside the market, like DB Insurance using AI dashcam tools to pull ahead of Samsung Fire & Marine in Korea's auto insurance business.
- Is LIC losing market share to private insurers?
- Yes, SBI Life overtook LIC on individual WRP share in December 2025, and HDFC Life is also gaining ground, both using bank-branch distribution that LIC's agent network can't fully match.
- Will UnitedHealth survive AI era healthcare changes?
- UnitedHealth remains in a strong position with a moat score of 8, but it's losing some Medicare Advantage members to Humana, CVS Aetna, and Elevance amid broader enrollment declines of about 2.8 million tied to program changes.
- Why is State Farm losing auto insurance customers?
- Progressive has overtaken State Farm as the top US auto insurer by growing premiums faster, while State Farm's auto book has stayed flat despite its large agent network.
- Are Japanese life insurers safe from AI disruption?
- Nippon Life, Dai-ichi Life, and Tokio Marine all show low pressure scores around 2 with no visible customer loss, largely because mutual ownership and dominant agent networks insulate them from the kind of app-based competition hitting other markets.
- Is Molina Healthcare in trouble?
- Molina is losing its protection, losing Medicaid enrollment faster than any of its Big Five peers at 5.8% as UnitedHealth, CVS Aetna, Centene, and Elevance Health win more state contracts.
What to watch
- SBI Life's individual WRP share gap over LIC widening or narrowing in quarterly filings
- Samsung Fire & Marine's loss ratio versus DB Insurance in Korea auto insurance reports
- State Medicaid RFP award announcements involving Molina Healthcare
Head to head in this sector
Bank Central Asia vs Bank MandiriBerkshire Hathaway vs Chubb LimitedBerkshire Hathaway vs ProgressiveBank Mandiri vs Bank Rakyat IndonesiaCIMB Group vs Public Bank BerhadHDFC Life Insurance vs Life Insurance Corporation of India (LIC)Life Insurance Corporation of India (LIC) vs SBI Life InsuranceCIMB Group vs Maybank
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