Based on key financial metrics such as the price-to-sales ratio, shareholder yield and the price-earnings ratio, the following 7 stocks made the list for top value stocks in the Insurance industry. Those looking for value stocks to add to their portfolio may want to use this list as a starting point for further investment research.

Why Focus on Undervalued Insurance Stocks?

Value investors seek to buy stocks at a discount to their intrinsic value. Long-term returns show that such strategies are advantageous. Value stocks, as a group, tend to outperform growth stocks over extended periods of time. Typically, value investors perform financial analysis of numerous metrics, don’t follow the herd and are long-term investors.

AAII’s A+ Investor Value Grade is derived from a stock’s Value Score. The Value Score is the percentile rank of the average of the percentile ranks of the price-to-sales ratio, price-earnings ratio, enterprise-value-to-EBITDA (EV/EBITDA) ratio, shareholder yield, price-to-book-value ratio and price-to-free-cash-flow ratio. The score is variable, meaning it can consider all six ratios or, should any of the six ratios not be valid, the remaining ratios that are valid. To be assigned a Value Score, stocks must have a valid (non-null) ratio and corresponding ranking for at least two of the six valuation ratios.

What Goes Into AAII’s Value Grade?

Stock evaluation requires access to huge amounts of data as well as the knowledge and time to sift through it all, make sense of financial ratios, read income statements and analyze recent stock movement. AAII created A+ Investor, a robust data suite that condenses data research in an actionable and customizable way suitable for investors of all knowledge levels, to help investors with that task.

AAII’s proprietary stock grades come with A+ Investor. These offer intuitive A–F grades for more than just value. It is possible for a stock to appear cheap based on one valuation metric but appear expensive on another. It is also possible for one valuation ratio to be associated with outperforming stocks during certain periods of time but not others. Some stocks may even have null values for certain metrics like the price-earnings ratio or the price-to-book ratio but not others. An example of this would be a company with losses instead of profits or a negative book value because of heavy borrowing. Negative earnings or book value result in non-meaningful ratios that are left blank or null.

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7 Undervalued Insurance Stocks

Of course, there are countless value stocks that are worth mentioning, but this is a concise list of the top 7 undervalued stocks in the Insurance industry for Friday, June 19, 2026. Let’s take a closer look at their individual scores to see how they measure up against each other and the Insurance industry median.

The Value Grade is assigned based on how each stock’s composite valuation compares to all other stocks.

The process for assigning grades starts with each variable for a given stock. The percentile rankings for all valid ratios that a stock has are calculated. So, for instance, a stock could have a price-to-book ranking in the 43rd percentile, a price-earnings ranking in the 67th percentile, a price-to-sales ranking in the 23rd percentile, etc. Then, those rankings are averaged for each stock. (A minimum of two valid variables are required, though all six will be used if available.)

Once the average of the individual variables is calculated, that average is ranked against all stocks. Put another way, each stock’s composite valuation is compared to all other stocks. These ranks are then sorted into quintiles from the cheapest 20% (a grade of A) to the most expensive 20% (a grade of F).

As always, we recommend that you conduct proper due diligence and research before investing in any security. We also suggest that investors utilize numerous grades, not just value, when it comes to deciding whether a company is a good fit for their allocation needs.

The Allstate Corporation’s Value Grade

Value Grade:

The Allstate Corporation, together with its subsidiaries, provides property and casualty, and other insurance products in the United States and Canada. It operates in four segments: Allstate Protection; Run-off Property-Liability; Protection Services; and Corporate and Other. The company offers private passenger auto, homeowners, other personal lines and commercial insurance through exclusive agents, independent agents, contact centers and online under the Allstate, National General, Direct Auto and Answer Financial brands. It also provides consumer product protection plans, device and mobile data collection services, and analytic solutions using automotive telematics information, roadside assistance, and protection plans; and insurance products, such as identity protection and restoration. In addition, the company offers property and casualty insurance, as well as engages in company activities and certain non-insurance operations, including expenses associated with strategic initiatives. Further, it offers automotive protection; vehicle service contracts, guaranteed asset protection, road hazard tires and wheels, and paintless dent repair protection; and roadside assistance, mobility data collection services, and analytic solutions using automotive telematics information, identity theft protection, and remediation services. The Allstate Corporation was founded in 1931 and is headquartered in Northbrook, Illinois.

Stocks with a Value Score from 81 to 100 are considered deep value, those with a score between 61 and 80 are value and so on.

The Allstate Corporation has a Value Score of 95, which is considered to be undervalued.

When you look at The Allstate Corporation’s price-to-sales ratio at 0.85 compared to the industry median at 1.17, this company has a lower price relative to revenue compared to its peers. This could make The Allstate Corporation’s stock more attractive for value investors.

The Allstate Corporation’s price-earnings ratio is 4.90 compared to the industry median at 12.40. This means it has a lower share price relative to earnings compared to its peers. This could make The Allstate Corporation more attractive for value investors.

Now, let’s assess The Allstate Corporation’s EV/EBITDA ratio, also known as enterprise multiple. At 4.4, when compared to the industry median of 9.0, the company may be considered undervalued in relation to its peers. Value investors could use the enterprise multiple to identify stocks that are considered overvalued or undervalued relative to their industry.

Shareholder yield is the sum of a stock’s dividend yield (paid over previous 12 months minus special dividends) and the percentage of net share buybacks over the previous 12 months. The Allstate Corporation’s shareholder yield is higher than its industry median ratio of 1.30%. Value investors may look for an attractive shareholder yield because it can be a powerful tool for identifying if the company has a good management team.

As one of the most common value metrics, the price-to-book ratio evaluates a company’s current market price relative to its book value. The Allstate Corporation’s price-to-book ratio is higher than its industry median ratio of 1.54. This could make The Allstate Corporation less attractive to investors looking for a new addition to their portfolio.

Lastly, let’s take a look at The Allstate Corporation’s price-to-free-cash-flow ratio (P/FCF), which can indicate a company’s market value relative to its operating cash flow. The Allstate Corporation’s price-to-free-cash-flow ratio is lower than its industry median ratio of 8.10. This could make The Allstate Corporation more attractive because the lower P/FCF ratio indicates that The Allstate Corporation is undervalued. The P/FCF ratio metric can also be viewed over a long-term time frame to see if the company's cash flow to share price value is generally improving or worsening.

Brookfield Wealth Solutions Ltd.’s Value Grade

Value Grade:

Brookfield Wealth Solutions Ltd., through its subsidiaries, provides retirement services, wealth protection products, and capital solutions to individuals and institutions. It operates through Annuities, Property and Casualty (P&C;), Life Insurance segments. The Annuities segment offers retail and institutional annuities, including fixed index, fixed rate, single premium immediate, and variable annuities, as well as pension risk transfer. The P&C; segment provides specialty casualty, construction defect, general liability, commercial multi-peril, workers compensation, product and environmental liability, and auto liability. The Life Insurance segment offers whole life, universal life, and variable universal life insurance products. It also offers garage and inland marine insurance programs. The company was formerly known as Brookfield Reinsurance Ltd. and changed its name to Brookfield Wealth Solutions Ltd. in September 2024. Brookfield Wealth Solutions Ltd. was incorporated in 2020 and is headquartered in Pembroke, Bermuda.

Stocks with a Value Score from 81 to 100 are considered deep value, those with a score between 61 and 80 are value and so on.

Brookfield Wealth Solutions Ltd. has a Value Score of 84, which is considered to be undervalued.

Brookfield Wealth Solutions Ltd.’s price-earnings ratio is 30.7 compared to the industry median at 12.4. This means that it has a higher price relative to its earnings compared to its peers. This makes Brookfield Wealth Solutions Ltd. less attractive for value investors.

Brookfield Wealth Solutions Ltd.’s price-to-book ratio is higher than its peers. This could make Brookfield Wealth Solutions Ltd. less attractive for value investors when compared to the industry median at 1.54.

You can read more about Brookfield Wealth Solutions Ltd.’s key financial metrics like shareholder yield, price-to-free-cash-flow and EV/EBITDA ratio, or learn more about its Momentum and Growth Grades, by subscribing to A+ Investor.

Globe Life Inc.’s Value Grade

Value Grade:

Globe Life Inc., through its subsidiaries, provides various life and supplemental health insurance products to lower middle- and middle-income families in the United States. It operates in three segments: Life Insurance, Supplemental Health Insurance, and Investments. The company offers whole, term, and other life insurance products, as well as life insurance for children; Medicare supplement and limited-benefit supplemental health insurance products, such as accident, cancer, critical illness, heart, intensive care, and other health products; and final expense, accidental death, mortgage protection, and hospital insurance products. It sells its products through direct-to-consumer channels, exclusive independent agents, general agency independent agents, and brokers. The company was formerly known as Torchmark Corporation and changed its name to Globe Life Inc. in August 2019. Globe Life Inc. was founded in 1900 and is headquartered in McKinney, Texas.

Stocks with a Value Score from 81 to 100 are considered deep value, those with a score between 61 and 80 are value and so on.

Globe Life Inc. has a Value Score of 78, which is considered to be undervalued.

Globe Life Inc.’s price-earnings ratio is 11.8 compared to the industry median at 12.4. This means that it has a lower price relative to its earnings compared to its peers. This makes Globe Life Inc. more attractive for value investors.

Globe Life Inc.’s price-to-book ratio is lower than its peers. This could make Globe Life Inc. more attractive for value investors when compared to the industry median at 1.54.

You can read more about Globe Life Inc.’s key financial metrics like shareholder yield, price-to-free-cash-flow and EV/EBITDA ratio, or learn more about its Momentum and Growth Grades, by subscribing to A+ Investor.

Heritage Insurance Holdings, Inc.’s Value Grade

Value Grade:

Heritage Insurance Holdings, Inc., through its subsidiaries, provides personal and commercial residential insurance products. It offers personal residential insurance in Alabama, California, Connecticut, Delaware, Florida, Georgia, Hawaii, Maryland, Massachusetts, Mississippi, New Jersey, New York, North Carolina, Rhode Island, South Carolina, and Virginia; and commercial residential property insurance in Florida, Hawaii, New Jersey, and New York. The company also provides homeowners insurance, condo insurance, dwelling fire, equipment coverage, and artisan contractor program. It offers insurance products through a network of independent agents. The company was founded in 2012 and is headquartered in Tampa, Florida.

Stocks with a Value Score from 81 to 100 are considered deep value, those with a score between 61 and 80 are value and so on.

Heritage Insurance Holdings, Inc. has a Value Score of 96, which is considered to be undervalued.

Heritage Insurance Holdings, Inc.’s price-earnings ratio is 3.6 compared to the industry median at 12.4. This means that it has a lower price relative to its earnings compared to its peers. This makes Heritage Insurance Holdings, Inc. more attractive for value investors.

Heritage Insurance Holdings, Inc.’s price-to-book ratio is higher than its peers. This could make Heritage Insurance Holdings, Inc. less attractive for value investors when compared to the industry median at 1.54.

You can read more about Heritage Insurance Holdings, Inc.’s key financial metrics like shareholder yield, price-to-free-cash-flow and EV/EBITDA ratio, or learn more about its Momentum and Growth Grades, by subscribing to A+ Investor.

International General Insurance Holdings Ltd.’s Value Grade

Value Grade:

International General Insurance Holdings Ltd. engages in the provision of specialty insurance and reinsurance solutions in the United Kingdom, Europe, Central and South America, the Middle East and Africa. The company operates through three segments: Specialty Long-tail, Specialty Short-tail, and Reinsurance. It is involved in underwriting a portfolio of specialty risks, including energy, property, construction and engineering, ports and terminals, general aviation, political violence, professional lines, financial institutions, marine, and treaty reinsurance. The company was founded in 2001 and is based in Amman, Jordan.

Stocks with a Value Score from 81 to 100 are considered deep value, those with a score between 61 and 80 are value and so on.

International General Insurance Holdings Ltd. has a Value Score of 90, which is considered to be undervalued.

International General Insurance Holdings Ltd.’s price-earnings ratio is 8.9 compared to the industry median at 12.4. This means that it has a lower price relative to its earnings compared to its peers. This makes International General Insurance Holdings Ltd. more attractive for value investors.

International General Insurance Holdings Ltd.’s price-to-book ratio is lower than its peers. This could make International General Insurance Holdings Ltd. more attractive for value investors when compared to the industry median at 1.54.

You can read more about International General Insurance Holdings Ltd.’s key financial metrics like shareholder yield, price-to-free-cash-flow and EV/EBITDA ratio, or learn more about its Momentum and Growth Grades, by subscribing to A+ Investor.

Skyward Specialty Insurance Group, Inc.’s Value Grade

Value Grade:

Skyward Specialty Insurance Group, Inc., an insurance holding company, provides commercial property and casualty insurance coverages in the United States. It offers general liability, excess liability, and professional liability, as well as cyber and media liability insurance; commercial auto, group accident and health, property, agriculture, credit, and surety and workers’ compensation; and property, agriculture, and credit specialty reinsurance. The company was formerly known as Houston International Insurance Group, Ltd. and changed its name to Skyward Specialty Insurance Group, Inc. in November 2020. Skyward Specialty Insurance Group, Inc. was incorporated in 2006 and is based in Houston, Texas.

Stocks with a Value Score from 81 to 100 are considered deep value, those with a score between 61 and 80 are value and so on.

Skyward Specialty Insurance Group, Inc. has a Value Score of 70, which is considered to be undervalued.

Skyward Specialty Insurance Group, Inc.’s price-earnings ratio is 12.2 compared to the industry median at 12.4. This means that it has a lower price relative to its earnings compared to its peers. This makes Skyward Specialty Insurance Group, Inc. more attractive for value investors.

Skyward Specialty Insurance Group, Inc.’s price-to-book ratio is lower than its peers. This could make Skyward Specialty Insurance Group, Inc. more attractive for value investors when compared to the industry median at 1.54.

You can read more about Skyward Specialty Insurance Group, Inc.’s key financial metrics like shareholder yield, price-to-free-cash-flow and EV/EBITDA ratio, or learn more about its Momentum and Growth Grades, by subscribing to A+ Investor.

White Mountains Insurance Group, Ltd.’s Value Grade

Value Grade:

White Mountains Insurance Group, Ltd. provides insurance services in the United States, the United Kingdom, Bermuda, and internationally. It operates through Ark/WM Outrigger, HG Global, Kudu, Distinguished, and Other Operations segments. The company offers property insurance and reinsurance; specialty insurance and reinsurance consisting of aviation, contingency, cyber, fine art and specie, mortgage, nuclear, political and credit, space, surety, and terrorism and political violence; marine and energy insurance and reinsurance; casualty insurance and reinsurance, such as medical malpractice, and professional and general liability; and accident and health insurance and reinsurance, which includes personal accident, sickness, disability, travel, short-term life, and medical products through brokers, managing general agents (MGA), and reinsurance intermediaries. It also provides municipal bond guarantee reinsurance, which focuses on single risk limits for small-to-medium sized, and public investment grade municipal bonds that are issued to finance public purpose projects, including schools, utilities, and transportation facilities. In addition, the company offers capital solutions for boutique asset and wealth managers for generational ownership transfers, management buyouts, acquisition and growth finance, and legacy partner liquidity; strategic advice; investment management; and specialty electrical contracting services. Further, it operates as a full-service MGA and program administrator for specialty property and casualty insurance for the real estate and hospitality end markets, and start-up programs; and an MGA for leisure travel and global expatriate medical insurance in Israel, the European Union, and Australia. The company was formerly known as Fund American Enterprises Holdings, Inc. and changed its name to White Mountains Insurance Group, Ltd. in 1999. White Mountains Insurance Group, Ltd. was incorporated in 1980 and is headquartered in Hamilton, Bermuda.

Stocks with a Value Score from 81 to 100 are considered deep value, those with a score between 61 and 80 are value and so on.

White Mountains Insurance Group, Ltd. has a Value Score of 92, which is considered to be undervalued.

White Mountains Insurance Group, Ltd.’s price-earnings ratio is 4.9 compared to the industry median at 12.4. This means that it has a lower price relative to its earnings compared to its peers. This makes White Mountains Insurance Group, Ltd. more attractive for value investors.

White Mountains Insurance Group, Ltd.’s price-to-book ratio is higher than its peers. This could make White Mountains Insurance Group, Ltd. less attractive for value investors when compared to the industry median at 1.54.

You can read more about White Mountains Insurance Group, Ltd.’s key financial metrics like shareholder yield, price-to-free-cash-flow and EV/EBITDA ratio, or learn more about its Momentum and Growth Grades, by subscribing to A+ Investor.

Other Insurance Stock Grades

Value is just one of the five Stock Grades included in our A+ Investor service. AAII members can see the top-graded stocks—those with grades of A or B for value, growth, momentum, earnings estimate revisions and quality—on the A+ Stock Grades Screener.

Also, if you want full access to all of AAII’s premium services, you can subscribe to one convenient bundled plan called AAII Platinum where you can try out A+ Investor, AAII Dividend Investing, the Stock Superstars Report, Growth Investing and VMQ Stocks. With the other premium services, you can dive deep into additional metrics, portfolios, commentary and information about Insurance stocks as well as other industrys.

Choosing Which of the 7 Best Insurance Stocks Is Right for You

Choosing which value stocks to invest in will ultimately depend on your individual goals and allocation; however, comparing similar value stocks in the same industry can help you analyze which might be better investments for you in the long run. So, let’s take a look at the Value Grade for all of our stocks.

• The Allstate Corporation stock has a Value Grade of A.
• Brookfield Wealth Solutions Ltd. stock has a Value Grade of A.
• Globe Life Inc. stock has a Value Grade of B.
• Heritage Insurance Holdings, Inc. stock has a Value Grade of A.
• International General Insurance Holdings Ltd. stock has a Value Grade of A.
• Skyward Specialty Insurance Group, Inc. stock has a Value Grade of B.
• White Mountains Insurance Group, Ltd. stock has a Value Grade of A.

Now that you have a bit more background about each of the 7 undervalued stocks in the Insurance industry as well as their overall grades, it’s time for you to conduct additional research to see if these could fit your portfolio needs based on your goals and risk tolerance. AAII can help you figure out both and identify which investments align with what works best for you.

We do so through a program of education that teaches you to invest for yourself and become an effective manager of your own wealth—no more relying on others for your financial independence. You can rely on AAII for timeless articles on financial planning and stock-picking, unbiased research and actionable analysis that makes you a better investor.

A+ Investor adds to that qualitative teaching by giving you a powerful data suite that helps you whittle down investment decisions to find stocks, exchange-traded funds (ETFs) or mutual funds that meet your needs.

Additional Resources About Insurance Stocks

Want to learn more about Insurance stocks to see if they could be the right investment for you? Check out some additional resources and articles to help you on your financial journey.

• 7 Undervalued Insurance Stocks for Thursday, June 18
• Is Chubb Limited (CB) Overvalued?
• Why AIFU Inc.’s (AIFU) Stock Is Down 17.05%
• Why Root, Inc.’s (ROOT) Stock Is Up 5.77%

AAII Disclaimer

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