Kingsway Financial Services Leads AMBG Tuesday that the cuts Global Insurance Index 0.80%

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The AMBG closed Tuesday, Oct. 20, at 830.53 (-0.80%). Of the 15 A.M. Best stock indexes, two rose and 13 declined. Leading A.M. Best's Global Insurance Composite Index (AMBG) were Kingsway Financial Services (+8.41%) and Hardy Underwriting (+6.21%). Trailing the list of global insurance stocks were United American Healthcare (-6.97%) and Insure.com (-6.95%).

The U.S. Health and HMO Insurance Index led the sector indexes, with the U.S. Life Insurance Index trailing the list. In descending order, the A.M. Best Insurance Stock Indexes closed at:

U.S. Health and HMO Insurance Index (AMBUH) +1.22%

Asia/Pacific Insurance Index (AMBAP) +0.97%

Global Non-Life Insurance Index (AMBGNL) -0.55%

Global Reinsurance Index (AMBGR) -0.80%

Global Composite Index (AMBG) -0.80%

European Insurance Index (AMBEUR) -0.80%

U.S. Life and Health/HMO Insurance Index (AMBULH) -0.82%

Global Multi-Line Insurance Index (AMBGML) -0.91%

Global Life Insurance Index (AMBGL) -0.91%

U.S. Property/Casualty Insurance Index (AMBUPC) -1.00%

U.S. Insurance Index (AMBUS) -1.02%

Global Insurance Brokers Index (AMBGB) -1.61%

U.S. Insurance Brokers Index (AMBUB) -1.65%

U.S. Multi-Line Insurance Index (AMBUML) -1.82%

U.S. Life Insurance Index (AMBUL) -2.44%

The U.S. Insurance Index (AMBUS) closed at 741.89 (-1.02%). Leading the AMBUS were UnitedHealth Group (+4.17%) and Kingstone Cos. Inc. (+3.81%). Trailing the AMBUS were United American Healthcare (-6.97%) and Insure.com (-6.95%).

The European Insurance Index (AMBEUR) closed at 954.34 (-0.80%). Leading the AMBEUR were Hardy Underwriting (+6.21%) and Euler Hermes (+3.43%). Trailing the AMBEUR were Novae Group plc (-2.98%) and Hiscox (-2.87%).

The Asia/Pacific Insurance Index (AMBAP) closed at 1167.81 (+0.97%). Leading the AMBAP were Nipponkoa Insurance (+3.11%) and Mitsui Sumitomo Insurance Group Holdings (+2.68%). Trailing the AMBAP were Singapore Reinsurance Corp. (-1.59%) and Austbrokers Holdings (-0.78%).

The Global Reinsurance Index (AMBGR) closed at 1003.09 (-0.80%). Leading the AMBGR were Euler Hermes (+3.43%) and Chaucer Holdings (+0.60%). Trailing the AMBGR were Maiden Holdings Ltd. (-4.24%) and Allied World Assurance (-2.28%).

The Global Broker Index (AMBGB) closed at 1020.42 (-1.61%). Leading the AMBGB were Kingstone Cos. Inc. (+3.81%) and National Financial Partners (+2.69%). Trailing the AMBGB were Insure.com (-6.95%) and Jardine Lloyd Thompson Group plc (-2.61%).

The Global Multi-Line Insurance Index (AMBGML) closed at 654.72 (-0.91%). Leading the AMBGML were Generali Deutschland Holding (+1.67%) and Assurant (+0.82%). Trailing the AMBGML were Delphi Financial Group (-4.18%) and Hartford Financial Services Group (-3.31%).

The Global Nonlife Insurance Index (AMBGNL) closed at 1059.18 (-0.55%). Leading the AMBGNL were Kingsway Financial Services (+8.41%) and Hardy Underwriting (+6.21%). Trailing the AMBGNL were CRM Holdings (-6.86%) and Affirmative Insurance Holdings Inc. (-6.41%).

The Global Life Insurance Index (AMBGL) closed at 782.87 (-0.91%). Leading the AMBGL were UnitedHealth Group (+4.17%) and Humana (+2.45%). Trailing the AMBGL were United American Healthcare (-6.97%) and Phoenix Cos. (-4.33%).

The U.S. Property/Casualty Index (AMBUPC) closed at 1063.66 (-1.00%). Leading the AMBUPC were Mercer Insurance Group (+0.70%) and American Physicians (+0.66%). Trailing the AMBUPC were CRM Holdings (-6.86%) and Affirmative Insurance Holdings Inc. (-6.41%).

The U.S. Multi-Line Insurance Index (AMBUML) closed at 202.18 (-1.82%). Leading the AMBUML were Assurant (+0.82%) and American Financial Group (-0.91%). Trailing the AMBUML were Delphi Financial Group (-4.18%) and Hartford Financial Services Group (-3.31%).

The U.S. Life Insurance Index (AMBUL) closed at 818.73 (-2.44%). Leading the AMBUL were Independence Holding Co. (0.00%) and Investors Heritage Capital Co. (0.00%). Trailing the AMBUL were Presidential Life Corp. (-4.77%) and Phoenix Cos. (-4.33%).

The U.S. Life and Health/HMO Insurance Index (AMBULH) closed at 811.93 (-0.82%). Leading the AMBULH were UnitedHealth Group (+4.17%) and Humana (+2.45%). Trailing the AMBULH were United American Healthcare (-6.97%) and Presidential Life Corp. (-4.77%).

The U.S. Health and HMO Index (AMBUH) closed at 797.34 (+1.22%). Leading the AMBUH were UnitedHealth Group (+4.17%) and Humana (+2.45%). Trailing the AMBUH were United American Healthcare (-6.97%) and Unum Group (-1.92%).

The U.S. Insurance Brokers Index (AMBUB) closed at 929.85 (-1.65%). Leading the AMBUB were Kingstone Cos. Inc. (+3.81%) and National Financial Partners (+2.69%). Trailing the AMBUB were Insure.com (-6.95%) and Brown & Brown (-2.32%).

Performance rankings of companies in each A.M. Best insurance sector index are published weekly in BestWeek.

The A.M. Best stock indexes cover 204 publicly traded insurance companies and brokers. Index values are calculated by Dow Jones Indexes in U.S. dollars. Companies in the A.M. Best stock indexes include insurers and insurance-related organizations with credit ratings from A.M. Best, along with brokers. A.M. Best does not provide investment recommendations. A listing of companies in each A.M. Best Index is available at http://www.ambest.com/stocks.