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Manulife Financial Corporation (MFC)

Manulife is a Canadian life insurer with a large Asian business and an American one trading as John Hancock. Manulife Financial Corporation is a life insurance company incorporated under the Insurance Companies Act (Canada) on 26 April 1999, created to become the holding company of The Manufacturers Life Insurance Company after its demutualisation; that subsidiary was itself incorporated in 1887 by a Special Act of Parliament of the Dominion of Canada, became mutual in 1968 and converted back to a company with common shares in September 1999. The head and registered office is at 200 Bloor Street East in Toronto. References in the filing to $ are to Canadian dollars.

Manulife Financial Corporation

Manulife is a Canadian life insurer with a large Asian business and an American one trading as John Hancock. Manulife Financial Corporation is a life insurance company incorporated under the Insurance Companies Act (Canada) on 26 April 1999, created to become the holding company of The Manufacturers Life Insurance Company after its demutualisation; that subsidiary was itself incorporated in 1887 by a Special Act of Parliament of the Dominion of Canada, became mutual in 1968 and converted back to a company with common shares in September 1999. The head and registered office is at 200 Bloor Street East in Toronto. References in the filing to $ are to Canadian dollars.

The scale

At the end of 2025 the group had more than 37,000 employees, over 106,000 agents and thousands of distribution partners, serving over 37 million customers across 25 markets. Client money under management and administration was $1.7 trillion, including total invested assets of $0.5 trillion and segregated funds net assets of $0.5 trillion. The shares trade as MFC on the Toronto, New York and Philippine stock exchanges and under 945 in Hong Kong. There are four operating segments: Asia, Canada, U.S., and Global Wealth and Asset Management.

Asia

There are insurance operations in 12 markets across Asia, selling health, protection, savings, investment, term and whole life products. Distribution runs through contracted agents, bank partnerships, independent agents, financial advisors and brokers, and exclusive bancassurance partnerships give access to over 35 million bank customers, including a regional exclusive partnership with DBS Bank Ltd. covering Singapore, Hong Kong, mainland China and Indonesia. In Japan the products go through proprietary sales agents, independent agencies or managing general agents and bancassurance partners; in Singapore, mainland China, Vietnam, Indonesia, the Philippines, Malaysia, Cambodia and Myanmar mainly through agents, bank channels, brokers and independent financial advisors. In November 2025 the company announced its intention to set up a new insurance joint venture in India with Mahindra and Mahindra, subject to regulatory approval.

Canada

The Canada segment has served the home market for over 135 years and, with Global Wealth and Asset Management, supports more than 7 million customers in Canada, including members of approximately 27,000 businesses and organisations in the group benefits business. The lines are group life, health and disability insurance for employers; individual insurance and guaranteed investment products including life, critical illness, segregated funds and annuities sold through retail advisors; and affinity group insurance covering life, health, travel, disability and creditor insurance sold under the Manulife CoverMe brand and through mortgage brokers, travel advisors, sponsor groups and associations. Manulife Bank offers banking products to individuals and businesses.

The United States

The U.S. segment operates as John Hancock, with more than 160 years of history there, selling life insurance and insurance-based wealth accumulation solutions through a distribution network of licensed financial advisors. Its distinguishing feature is behavioural insurance: the John Hancock Vitality Program rewards customers for everyday steps toward better health, built with collaborators including GRAIL, Apple, Prenuvo and the MIT AgeLab. The segment also holds in-force long-term care and annuity businesses, and the filing points to its record of organically managing the long-term care blocks and to long-term care, variable and fixed annuity reinsurance transactions over recent years.

Wealth and asset management

Global Wealth and Asset Management runs three businesses. Retirement provides retirement plan solutions to investors in North America and Asia, with money managed by internal teams and third-party managers, plus financial advice and solutions for people retiring or leaving an employer plan. Retail serves more than 11 million investors through third-party intermediaries in North America and Asia and through an affiliated wealth management network, mostly on internally managed products supplemented by sub-advisory agreements. Institutional Asset Management serves more than 650 clients worldwide, among them pension plans, foundations, endowments, financial institutions and the group's own insurance business.

From Manulife's annual report on Form 40-F for the year ended 31 December 2025. The business and the discussion are attached to that filing as exhibits, the Annual Information Form and the Management's Discussion and Analysis, each read as a whole document rather than from a separately located section. The filing

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Manulife Financial Corporation files a 40-F with the SEC once a year, in Canadian dollars. In the year to 31 December 2025 its profit attributable to shareholders was CAD 5,572 million, up 3.5%, and diluted earnings per share CAD 3.07.

Manulife Financial (MFC) in brief

At the close of 10 November 2026 the market cap of Manulife Financial was $74.2 billion, 20.3 times its earnings over the last twelve months.

The share in the US

Last close$44.25 on 10 November 2026
52-week range$33.40 (9 March 2026) to $45.97 (4 November 2026)
Over one yearup 32.4%
Market cap$74.2 billion: 1,677,180,680 shares outstanding at 31 December 2025 (40-F), each US share standing for one ordinary share
P/E, latest fiscal year20.3: the last close over diluted EPS for the year to Dec 2025, CAD 3.07 per ordinary share, $2.18 at 1.41 CAD per US dollar on 6 November 2026 (FRED DEXCAUS). The company reports once a year, so this is the latest fiscal year, not the last four quarters.

US dollars per share as it trades in the US; the market cap and the P/E are worked out here, not filed. Prices from IEX, for splits.

Ratios

From the latest annual report, the year to Dec 2025, in dollars

ROE11.1%
ROCEn/a
Operating marginn/a
Net marginn/a
FCF marginn/a
Interest covern/a
Debt to equity0.15
Cash conversion5.76
Share count, last 12 months-4.3%
Sales CAGR, 3 yearsn/a
Profit CAGR, 3 yearsn/a
EPS$2.18

At the close of 10 November 2026

Price$44.25
Market cap$74.2 billion
Stock P/E20.33
Price to book2.09
EV / EBITDAn/a
Dividend yield3.2%
Market cap / salesn/a
52-week high$45.97
52-week low$33.40
Price, 1 year32.4%
Price CAGR, 3 yearsn/a
Price CAGR, 5 yearsn/a
Worked from the filed figures; hover a name for the formula.
Read moreThe priced ones use the latest price, the last regular-hours trade on IEX. Debt to equity here stands on the borrowings total Manulife Financial Corporation states in its annual report, never added up from its parts; lease liabilities are a separate line. Nothing here is a valuation or a view.
MFCgreeksoup.ai
Daily prices to 10 November 2026, adjusted for splits; from 28 September 2026 each day's price is the last regular-hours trade on IEX.
Read moreData provided for free by IEX. By accessing or using IEX Historical Data, you agree to the IEX Historical Data Terms of Use. Day by day for the last three years; before that one point a week, carrying the week's last close and its average daily volume, so a volume bar means the same thing across the whole series; the bars sit under the price on their own scale, on the right. The moving averages need consecutive days and are drawn from the daily part. This company reports once a year, so every view here moves once a year, on the day each annual report was filed, and holds until the next. P/E is the close over the year's EPS per US share: the EPS as filed, in dollars at the year's average exchange rate (Federal Reserve, from FRED). Sales and margin are each year's revenue in dollars and its operating margin. EV/EBITDA, price to book and market cap to sales set the close against that year's balance sheet in dollars at its year-end rate and its share count per US share. The dashed line is the median over the range shown. The P/E above uses today's exchange rate, so the latest point here can differ from it a little. Drawn in your browser; the range and overlay you pick are remembered here only.

The public record on MFC

DividendsCAD 1.76 a share in FY2025
Filings30 in twelve months: 29 reports on Form 6-K, most often third Quarter Report to Shareholders (2); manulife Reports Third Quarter 2026 Results (1); second supplemental indenture (1); subordinated debt securities underwriting agreement (1); manulife Financial Corporation Prices U.S. Public Offering of Subordinated Notes (1)
Planned insider salesno Form 144 notice in twelve months
Options tapeput/call 0.43 by open interest at the 10 November 2026 close; the straddle prices a 3.3% move to 20 November 2026
13F holders818 funds reported a position for the quarter to 30 June 2026; largest Royal Bank of Canada
Congress0 House trades disclosed in six months
Short interest12.8 million shares short, 9.26 days to cover at 30 October 2026

Income statement (profit and loss), 10 fiscal years

Year toDec 2016Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022 †Dec 2023Dec 2024Dec 2025
Selling, general and administrative6,9957,2337,9577,6867,5107,8283,7314,3304,8594,901
Profit before tax3,3292,5015,5196,2206,7718,125-3,1386,4527,0907,094
Income tax1962396327181,1951,213-1,1598451,2121,034
Profit for the year3,1332,2624,8875,5025,5766,912-1,9795,6075,8786,060
Profit attributable to shareholders2,9292,1044,8005,6025,8717,105-1,9335,1035,3855,572
Filing40-F40-F40-F40-F40-F40-F40-F40-F40-F40-F
CAD million, from each year's annual report on the SEC's EDGAR, linked in the last row, on the IFRS tags the company filed.
Read moreA line the company does not file under the standard tag is left out rather than estimated. No revenue line is shown: Manulife files no total revenue line under IFRS 17. A year marked † shows the figure as the company restated it in a later annual report (Dec 2022); the first-filed figure is in the CSV. Profit for the year includes the part that belongs to minority shareholders; profit attributable to shareholders is the part EPS is struck on. Each year links to its own page.
Year toDec 2016Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022 †Dec 2023Dec 2024Dec 2025
Diluted EPS1.410.982.332.772.933.54-1.152.612.843.07
Basic EPS1.420.982.342.772.943.55-1.152.622.853.08
Filing40-F40-F40-F40-F40-F40-F40-F40-F40-F40-F

CAD per ordinary share, as filed. One US-listed share can stand for more or fewer ordinary shares; the P/E above puts the two on the same basis.

Cash flow statement

Follow the cashA discounted cash flow: five years of free cash flow, added up in today's moneyNot for Manulife Financial: an insurer's operating cash flow includes premiums it holds to pay claims later, so it is not cash the owners can take out. Book value and return on equity, in the ratios above, are the usual measures for it.

Year toDec 2016Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022 †Dec 2023Dec 2024Dec 2025
Cash from operations17,01717,79119,18820,54220,04823,15516,62820,42326,49432,105
Cash from investing-22,739-16,287-19,002-13,830-14,148-24,442-18,400-13,720-18,459-28,365
Cash from financing3,30514.0-724-2,080663-2,047-2,108-5,042-4,174-2,049
Buybacksn/an/a4781,339253n/a1,8841,5953,2722,431
Dividends paid1,5931,7801,7881,3982,3402,5002,7872,9723,1593,305
Filing40-F40-F40-F40-F40-F40-F40-F40-F40-F40-F
CAD million, from the cash flow statement as filed.
Read morePurchase of property, plant and equipment is the cash line as filed; purchases of intangible assets and acquisitions are not in it. Free cash flow is cash from operations less that purchase, arithmetic on the two filed lines. Cash from investing and from financing are the company's own section totals, below zero where cash went out. Buybacks are the cash paid for the company's own shares.

Balance sheet at year end

Year toDec 2016Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022 †Dec 2023Dec 2024Dec 2025
Funded by
Equity attributable to shareholders41,83241,01345,96449,13852,33558,40846,87647,03950,97250,121
Non-controlling interests7439291,0931,2111,4551,6941,4271,4311,4211,531
Borrowings, as filedn/an/an/an/an/an/an/an/a6,6297,685
Other liabilities678,106687,591703,214758,781826,559857,541785,386827,104919,796966,096
Total equity and liabilities720,681729,533750,271809,130880,349917,643833,689875,574978,8181,025,433
Owned
Goodwill5,8845,7135,8645,7435,7145,6516,0145,9196,2756,877
Other intangible assets4,2234,1274,2334,2324,2154,2644,5054,3914,7775,447
Cash and cash equivalents15,15115,96516,21520,30026,16722,59419,15320,33825,78926,703
Other assets695,423703,728723,959778,855844,253885,134804,017844,926941,977986,406
Total assets720,681729,533750,271809,130880,349917,643833,689875,574978,8181,025,433
Filing40-F40-F40-F40-F40-F40-F40-F40-F40-F40-F
CAD million, at each fiscal year end.
Read moreBoth totals are the company's own; other liabilities and other assets are each total less the rows shown. Borrowings is the company's own stated total where it files one; it is never added up from its parts here.

Ratios on the filed lines

Year toDec 2016Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022 †Dec 2023Dec 2024Dec 2025
Return on year-end equity7.0%5.1%10.4%11.4%11.2%12.2%-4.1%10.8%10.6%11.1%
Effective tax rate5.9%9.6%11.5%11.5%17.6%14.9%n/a13.1%17.1%14.6%
Filing40-F40-F40-F40-F40-F40-F40-F40-F40-F40-F

Arithmetic on the filed lines of the same year: margins over revenue, return on equity as profit attributable to shareholders over year-end equity, tax over profit before tax.

Questions

What is Manulife Financial's market cap?

The market cap of Manulife Financial was $74.2 billion at the close of 10 November 2026.

Peers: Insurance

CompanyMarket capP/EROEOp. marginSales growth
TTM		Debt to equityDiv. yield
Manulife Financial Corporation MFC *$74.2 billion20.3311.1%n/an/a0.153.2%
Metlife Inc. MET$64.7 billion13.3423.1%8.2%14.8%0.642.3%
Prudential Financial Inc. PRU$42.3 billion11.2313.1%7.8%6.5%0.674.5%
Sun Life Financial Inc. SLF *$40.7 billion16.8814.5%n/a8.0%0.333.6%
Reinsurance Group of America Inc. RGA$17.8 billion10.5914.7%8.0%22.5%0.461.4%
Corebridge Financial, Inc. CRBG$15.8 billion7.7032.7%16.6%13.3%0.832.8%
Globe Life Inc. GL$15.1 billion10.9417.9%23.3%5.6%0.450.8%
Voya Financial, Inc. VOYA$9.4 billion16.7716.4%8.9%-0.3%0.551.8%
Primerica, Inc. PRI$9.3 billion12.0228.2%29.4%8.3%0.211.5%
Jackson Financial Inc. JXN$9.2 billion11.2610.4%56.7%34.1%0.332.5%
Lincoln National Corp. LNC$8.1 billion2.6435.2%20.0%10.3%0.684.2%
F&G Annuities & Life, Inc. FG$3.3 billion3.3123.8%n/a-0.4%0.514.0%
All 112 in Insurance
CompanyMarket capP/EROEOp. marginSales growth
TTM		Debt to equityDiv. yield
Berkshire Hathaway Inc. BRK.B$1.25 trillion16.2910.1%14.2%6.2%n/an/a
UnitedHealth Group Inc. UNH$362.9 billion23.1315.3%5.3%3.3%0.712.2%
Chubb Ltd. CB$141.2 billion12.9215.3%22.3%5.7%0.251.1%
Progressive Corp. PGR$134.2 billion11.6733.7%16.0%7.7%0.246.0%
Marsh & McLennan Companies, Inc. MRSH$98.4 billion24.7727.1%21.4%7.6%1.271.8%
Elevance Health, Inc. ELV$92.8 billion18.3211.5%2.7%3.6%0.691.6%
Travelers Companies, Inc. TRV$82.1 billion10.4628.7%21.2%1.1%0.341.2%
Cigna Group CI$79.9 billion13.3813.8%3.4%6.8%0.722.0%
Manulife Financial Corporation MFC *$74.2 billion20.3311.1%n/an/a0.153.2%
Arthur J. Gallagher & Co. AJG$72.5 billion43.247.1%13.1%25.6%0.541.0%
Aon plc AON$71.3 billion18.4138.9%26.3%3.8%2.610.9%
Allstate Corp. ALL$65.0 billion5.9235.9%21.1%5.1%0.231.6%
Metlife Inc. MET$64.7 billion13.3423.1%8.2%14.8%0.642.3%
Aflac Inc. AFL$62.7 billion18.6212.0%25.9%-6.2%0.281.9%
Humana Inc. HUM$52.6 billion42.606.6%1.5%22.0%0.660.8%
American International Group, Inc. AIG$42.7 billion13.418.5%14.5%1.2%0.222.3%
Prudential Financial Inc. PRU$42.3 billion11.2313.1%7.8%6.5%0.674.5%
Sun Life Financial Inc. SLF *$40.7 billion16.8814.5%n/a8.0%0.333.6%
Hartford Insurance Group, Inc. HIG$36.8 billion8.3424.4%18.2%6.2%0.231.7%
Arch Capital Group Ltd. ACGL$35.5 billion8.9219.0%25.9%-3.9%0.194.6%
Centene Corp. CNC$34.7 billion24.046.6%0.5%9.7%0.70n/a
Everest Group, Ltd. EG$31.5 billion8.9313.3%13.9%-8.7%n/a1.9%
Willis Towers Watson plc WTW$30.7 billion20.3220.1%22.0%4.8%0.841.1%
Cincinnati Financial Corp. CINF$29.1 billion11.1416.5%24.8%9.9%0.051.9%
W. R. Berkley Corp. WRB$28.5 billion16.2519.4%n/a1.5%n/a2.4%
Principal Financial Group Inc. PFG$24.7 billion12.9216.7%14.7%5.2%0.372.8%
Markel Group Inc. MKL$24.2 billion14.049.7%15.7%2.5%0.24n/a
Brown & Brown, Inc. BRO$23.5 billion22.759.7%n/a26.1%0.620.9%
Loews Corp. L$22.4 billion15.378.1%10.8%2.8%0.460.2%
Reinsurance Group of America Inc. RGA$17.8 billion10.5914.7%8.0%22.5%0.461.4%
Assurant, Inc. AIZ$15.8 billion15.1617.9%9.8%9.4%n/a1.1%
Corebridge Financial, Inc. CRBG$15.8 billion7.7032.7%16.6%13.3%0.832.8%
Globe Life Inc. GL$15.1 billion10.9417.9%23.3%5.6%0.450.8%
Equitable Holdings, Inc. EQH$14.9 billion10.66n/a16.3%8.6%n/a2.1%
Renaissancere Holdings Ltd. RNR$14.5 billion10.0213.8%30.1%-20.9%0.210.5%
American Financial Group Inc. AFG$13.3 billion13.1321.6%15.2%3.3%0.394.4%
CNA Financial Corp. CNA$13.0 billion12.7010.1%8.5%2.1%0.248.1%
Unum Group UNM$12.6 billion57.632.3%2.4%-4.2%0.352.3%
Erie Indemnity Co. ERIE$12.6 billion24.7022.6%17.9%2.0%n/a2.1%
Fidelity National Financial, Inc. FNF$11.8 billion11.3014.2%17.0%6.4%0.594.7%
Molina Healthcare, Inc. MOH$10.7 billionn/a-1.2%0.4%-0.9%0.91n/a
Oscar Health, Inc. OSCR$10.4 billion13.8438.5%5.4%54.8%0.19n/a
Old Republic International Corp. ORI$9.7 billion9.1318.8%13.8%12.5%n/a9.0%
Voya Financial, Inc. VOYA$9.4 billion16.7716.4%8.9%-0.3%0.551.8%
Primerica, Inc. PRI$9.3 billion12.0228.2%29.4%8.3%0.211.5%
Jackson Financial Inc. JXN$9.2 billion11.2610.4%56.7%34.1%0.332.5%
Kinsale Capital Group, Inc. KNSL$9.0 billion17.3427.4%33.7%8.3%0.120.2%
Hanover Insurance Group, Inc. THG$8.6 billion11.9721.8%15.2%5.0%0.25n/a
Lincoln National Corp. LNC$8.1 billion2.6435.2%20.0%10.3%0.684.2%
Axis Capital Holdings Ltd. AXS$7.8 billion8.2116.1%17.5%9.8%0.211.6%
First American Financial Corp. FAF$6.9 billion9.5213.6%11.9%14.1%n/a3.2%
RLI Corp. RLI$6.3 billion16.0523.3%25.8%4.6%0.183.9%
Enact Holdings, Inc. ACT$6.3 billion9.6213.1%68.5%2.5%0.141.9%
Selective Insurance Group Inc. SIGI$6.1 billion12.4214.8%11.9%4.0%0.261.7%
Hagerty, Inc. HGTY$5.9 billionn/a23.4%4.5%-0.9%0.96n/a
Essent Group Ltd. ESNT$5.7 billion8.8312.2%59.2%9.6%n/a2.1%
Mgic Investment Corp. MTG$5.7 billion8.7514.3%73.2%-2.2%n/a2.2%
White Mountains Insurance Group Ltd. WTM$5.4 billion6.0518.1%30.7%44.9%0.170.0%
CNO Financial Group, Inc. CNO$5.3 billion13.1918.0%14.8%2.3%0.581.2%
Radian Group Inc. RDN$4.8 billion9.0012.0%38.3%65.3%0.132.8%
Mercury General Corp. MCY$4.7 billion7.2422.9%12.9%5.4%0.201.5%
Accelerant Holdings ARX$4.3 billionn/a-180.6%-110.8%n/a0.17n/a
Palomar Holdings, Inc. PLMR$4.2 billion20.1522.0%22.8%58.5%0.30n/a
Corvel Corp. CRVL$4.2 billion35.1728.2%n/a8.3%n/an/a
Neptune Insurance Holdings Inc. NP$3.9 billion91.06n/a41.3%n/an/an/a
Hamilton Insurance Group, Ltd. HG$3.8 billion7.4231.2%28.3%14.8%0.05n/a
F&G Annuities & Life, Inc. FG$3.3 billion3.3123.8%n/a-0.4%0.514.0%
Assured Guaranty Ltd. AGO$3.2 billion10.456.0%33.8%-4.2%0.322.0%
Genworth Financial Inc. GNW$3.2 billion66.810.6%3.3%-0.6%0.17n/a
SiriusPoint Ltd. SPNT$3.1 billion6.6622.5%17.6%18.1%0.30n/a
Slide Insurance Holdings, Inc. SLDE$3.1 billion5.9944.8%50.4%n/a0.02n/a
Lemonade, Inc. LMND$3.1 billionn/a-30.6%-12.6%69.5%n/an/a
Baldwin Insurance Group, Inc. BWIN$3.0 billionn/a-14.1%-9.0%24.6%2.67n/a
Porch Group, Inc. PRCH$2.9 billion274.44127.2%7.7%23.4%53.60n/a
NMI Holdings, Inc. NMIH$2.9 billion7.6114.5%68.1%6.9%n/an/a
Skyward Specialty Insurance Group, Inc. SKWD$2.8 billion14.8015.0%13.5%35.3%0.33n/a
Clover Health Investments, Corp. CLOV$2.6 billion492.503.2%0.5%54.5%0.00n/a
Brighthouse Financial, Inc. BHF$2.6 billion4.5513.6%14.0%-9.4%0.63n/a
HCI Group, Inc. HCI$2.3 billion7.6029.3%49.6%20.1%0.030.9%
Horace Mann Educators Corp. HMN$2.2 billion12.5212.5%12.5%4.2%0.422.7%
Kemper Corp. KMPR$2.0 billionn/a-19.8%n/a-8.7%0.443.7%
Goosehead Insurance, Inc. GSHD$1.6 billion33.62n/a23.3%17.7%n/an/a
Alignment Healthcare, Inc. ALHC$1.6 billion59.1510.4%0.9%35.9%1.17n/a
Safety Insurance Group Inc. SAFT$1.5 billion21.878.2%7.0%4.6%0.063.5%
Trupanion, Inc. TRUP$1.5 billion56.126.7%1.8%11.4%0.26n/a
Twfg, Inc. TWFG$1.5 billion45.9117.4%17.3%36.2%0.05n/a
Stewart Information Services Corp. STC$1.4 billion11.227.2%5.2%20.5%0.394.8%
Universal Insurance Holdings, Inc. UVE$1.3 billion6.0236.0%19.0%5.5%0.151.3%
United Fire Group Inc. UFCS$1.3 billion9.8614.6%11.5%11.6%0.161.5%
Ategrity Specialty Insurance Co. Holdings ASIC$1.2 billion12.2715.0%24.4%n/an/a0.0%
Bowhead Specialty Holdings Inc. BOW$1.1 billion19.2613.3%11.7%23.8%0.33n/a
Heritage Insurance Holdings, Inc. HRTG$995 million4.7236.1%34.1%2.3%0.12n/a
Hippo Holdings Inc. HIPO$967 million30.006.8%6.2%20.6%n/an/a
Employers Holdings, Inc. EIG$845 million26.403.5%4.1%-13.0%0.162.7%
Donegal Group Inc. DGICA$711 million10.1710.5%8.9%-3.4%n/a3.9%
Root, Inc. ROOT$664 million9.2124.8%6.7%7.9%0.60n/a
Ethos Technologies Inc. LIFE$598 millionn/a-23.0%-16.1%n/an/an/a
Crawford & Co. CRD-A$574 million22.7214.1%3.9%-3.6%0.812.5%
American Integrity Insurance Group, Inc. AII$551 million6.2523.8%36.2%29.3%0.00n/a
Greenlight Capital RE, Ltd. GLRE$532 million9.648.4%8.8%3.7%0.01n/a
Investors Title Co. ITIC$511 million13.6212.8%16.0%10.2%n/a3.9%
American Coastal Insurance Corp. ACIC$485 million5.8624.5%37.7%-5.3%0.427.3%
Amerisafe Inc. AMSF$368 million9.2417.0%15.0%7.7%n/a8.2%
Kingstone Companies, Inc. KINS$330 million7.9330.7%21.2%24.5%0.030.7%
NI Holdings, Inc. NODK$311 million21.226.1%7.7%-12.9%0.01n/a
Octave Specialty Group Inc. OSG$246 millionn/a-9.0%-17.5%36.0%0.23n/a
Mbia Inc. MBI$244 millionn/an/a-155.2%18.0%n/an/a
Kingsway Corp. KWY$242 millionn/a-79.5%0.7%23.6%5.13n/a
Citizens, Inc. CIA$223 million27.504.0%3.8%4.1%n/an/a
James River Group Holdings, Inc. JRVR$148 millionn/a-54.1%-26.5%-2.8%n/a1.2%
Roadzen Inc. RDZN$95 millionn/an/a-21.6%30.5%n/an/a
Ryan Specialty Holdings, Inc. RYANn/an/a23.4%15.6%9.8%8.231.1%
14 companies share its SEC industry code (Life Insurance); the rest are the names nearest in size in its wider industry, Insurance, one of the Fama-French 48 industries, a published grouping of SEC industry codes.
Read moreBy market capitalisation; a click on a heading sorts by it, largest first, and a second click turns it round. Each figure is the same arithmetic as the ratio box above, on each company's own filings and latest close; a name marked * is a foreign company that files once a year, on its latest fiscal year.

Annual reports on EDGAR

FormYear toFiled
40-F31 December 202511 February 2026EDGAR
40-F31 December 202419 February 2025EDGAR
40-F31 December 202314 February 2024EDGAR
40-F31 December 202215 February 2023EDGAR
40-F31 December 20219 February 2022EDGAR
40-F31 December 202010 February 2021EDGAR
40-F31 December 201912 February 2020EDGAR
40-F31 December 201813 February 2019EDGAR
40-F31 December 20177 February 2018EDGAR
40-F31 December 20169 February 2017EDGAR
40-F31 December 201518 February 2016EDGAR
40-F/A31 December 201420 March 2015EDGAR