| 1 | Progressive Corp (PGR) | 10/10 | 7.6x |
| 2 | Mercury General Corp (MCY) | 10/10 | 4.1x |
| 3 | Kinsale Capital Group Inc (KNSL) | 10/10 | 9.1x |
| 4 | Assurant Inc (AIZ) | 10/10 | 10.7x |
| 5 | White Mountains Insurance Group Ltd (WTM) | 9/10 | 8.8x |
| 6 | Universal Insurance Holdings Inc (UVE) | 9/10 | 4.0x |
| 7 | Unipol Assicurazioni S.p.A. (UNI.MI) | 9/10 | 5.0x |
| 8 | United Fire Group Inc (UFCS) | 9/10 | 5.0x |
| 9 | Tower Limited (TWR.AX) | 9/10 | 5.9x |
| 10 | Hanover Insurance Group Inc (THG) | 9/10 | 6.6x |
| 11 | Suncorp Group Limited (SUN.AX) | 9/10 | 7.9x |
| 12 | Selective Insurance Group Inc (SIGI) | 9/10 | 4.7x |
| 13 | QBE Insurance Group Limited (QBE.AX) | 9/10 | 8.6x |
| 14 | Horace Mann Educators Corp (HMN) | 9/10 | 4.5x |
| 15 | Hagerty Inc (HGTY) | 9/10 | 31.0x |
| 16 | Hci Group Inc (HCI) | 9/10 | 5.8x |
| 17 | Cincinnati Financial Corp (CINF) | 9/10 | 8.0x |
| 18 | Ategrity Specialty Insurance Company Holdings (ASIC) | 9/10 | 7.6x |
| 19 | Allstate Corp (ALL) | 9/10 | 5.9x |
| 20 | The People's Insurance Company (Group) of China Limited (601319.SS) | 9/10 | 3.0x |
| 21 | The People's Insurance Company (Group) of China Limited (1339.HK) | 9/10 | 1.7x |
| 22 | Hyundai Marine & Fire Insurance Co., Ltd. (001450.KS) | 9/10 | 1.1x |
| 23 | Samsung Fire & Marine Insurance Co., Ltd. (000810.KS) | 9/10 | 7.8x |
| 24 | Heungkuk Fire&Marine Insurance Co., Ltd. (000545.KS) | 9/10 | 0.5x |
| 25 | W. R. Berkley Corp (WRB) | 8/10 | 7.7x |
| 26 | Türkiye Sigorta A.S. (TURSG.IS) | 8/10 | 11.6x |
| 27 | Travelers Companies Inc (TRV) | 8/10 | 7.4x |
| 28 | Trupanion Inc (TRUP) | 8/10 | 33.8x |
| 29 | Suncorp Group Limited (SUNPI.AX) | 8/10 | 68.2x |
| 30 | Slide Insurance Holdings Inc (SLDE) | 8/10 | 2.4x |
| 31 | Skyward Specialty Insurance Group Inc (SKWD) | 8/10 | 6.1x |
| 32 | Safety Insurance Group Inc (SAFT) | 8/10 | 9.2x |
| 33 | RLI Corp (RLI) | 8/10 | 11.1x |
| 34 | REVO Insurance S.p.A. (REVO.MI) | 8/10 | 23.3x |
| 35 | Powszechny Zaklad Ubezpieczen SA (PZU.WA) | 8/10 | 6.6x |
| 36 | Palomar Holdings Inc (PLMR) | 8/10 | 10.0x |
| 37 | Línea Directa Aseguradora, S.A., Compañía de Seguros y Reaseguros (LDA.MC) | 8/10 | 10.7x |
| 38 | Loews Corp (L) | 8/10 | 12.2x |
| 39 | Kingstone Companies Inc (KINS) | 8/10 | 4.4x |
| 40 | Insurance Australia Group Limited (IAGPF.AX) | 8/10 | 236.9x |
| 41 | Insurance Australia Group Limited (IAGPE.AX) | 8/10 | 233.5x |
| 42 | Insurance Australia Group Limited (IAG.AX) | 8/10 | 13.5x |
| 43 | Go Digit General Insurance Limited (GODIGIT.NS) | 8/10 | 11.8x |
| 44 | Gjensidige Forsikring ASA (GJF.OL) | 8/10 | 20.8x |
| 45 | CNA Financial Corp (CNA) | 8/10 | 6.5x |
| 46 | Chubb Limited (CB) | 8/10 | 8.9x |
| 47 | American Integrity Insurance Group Inc (AII) | 8/10 | 8.5x |
| 48 | MS&AD Insurance Group Holdings, Inc. (8725.T) | 8/10 | 10.6x |
| 49 | Samsung Fire & Marine Insurance Co., Ltd. (000815.KS) | 8/10 | 5.3x |
| 50 | Heungkuk Fire&Marine Insurance Co., Ltd. (000540.KS) | 8/10 | 0.4x |
| 51 | United Overseas Insurance Limited (U13.SI) | 7/10 | 34.1x |
| 52 | Root Inc (ROOT) | 7/10 | 5.7x |
| 53 | Markel Group Inc (MKL) | 7/10 | 10.6x |
| 54 | Intact Financial Corporation (IFC.TO) | 7/10 | 12.2x |
| 55 | Hiscox Ltd (HSX.L) | 7/10 | 331.9x |
| 56 | Heritage Insurance Holdings Inc (HRTG) | 7/10 | 5.1x |
| 57 | FBD Holdings plc (EG7.IR) | 7/10 | 13.0x |
| 58 | Definity Financial Corporation (DFY.TO) | 7/10 | 20.8x |
| 59 | Bowhead Specialty Holdings Inc (BOW) | 7/10 | 3.3x |
| 60 | American Financial Group Inc (AFG) | 7/10 | 7.3x |