Affirmative Insurance Holdings Inc. Leads Thursday's AMBG as Global Insurance Index Declines 1.67%

The AMBG closed Thursday, Sept. 24, at 801.87 (-1.67%). Of the 15 A.M. Best stock indexes, one rose and 14 declined. Leading A.M. Best's Global Insurance Composite Index (AMBG) were Affirmative Insurance Holdings Inc. (+16.40%) and Continental Reinsurance (+9.21%). Trailing the list of global insurance stocks were Insure.com (-10.03%) and FBL Financial Group (-6.20%).

The Asia/Pacific Insurance Index led the sector indexes, with the Global Life Insurance Index trailing the list. In descending order, the A.M. Best Insurance Stock Indexes closed at:

Asia/Pacific Insurance Index (AMBAP) +1.45%

Global Non-Life Insurance Index (AMBGNL) -0.24%

U.S. Insurance Brokers Index (AMBUB) -0.25%

Global Insurance Brokers Index (AMBGB) -0.49%

U.S. Property/Casualty Insurance Index (AMBUPC) -0.52%

Global Reinsurance Index (AMBGR) -1.45%

U.S. Insurance Index (AMBUS) -1.50%

Global Composite Index (AMBG) -1.67%

U.S. Multi-Line Insurance Index (AMBUML) -2.00%

Global Multi-Line Insurance Index (AMBGML) -2.51%

U.S. Health and HMO Insurance Index (AMBUH) -2.65%

U.S. Life and Health/HMO Insurance Index (AMBULH) -2.66%

U.S. Life Insurance Index (AMBUL) -2.66%

European Insurance Index (AMBEUR) -2.69%

Global Life Insurance Index (AMBGL) -2.75%

The U.S. Insurance Index (AMBUS) closed at 727.42 (-1.50%). Leading the AMBUS were Affirmative Insurance Holdings Inc. (+16.40%) and United American Healthcare (+8.49%). Trailing the AMBUS were Insure.com (-10.03%) and FBL Financial Group (-6.20%).

The European Insurance Index (AMBEUR) closed at 880.50 (-2.69%). Leading the AMBEUR were Old Mutual plc (+2.61%) and Chaucer Holdings (+1.13%). Trailing the AMBEUR were Hansard Global (-4.00%) and Allianz (-3.93%).

The Asia/Pacific Insurance Index (AMBAP) closed at 1223.21 (+1.45%). Leading the AMBAP were Aioi Insurance Co. Ltd. (+5.84%) and Tokio Marine Holdings (+2.85%). Trailing the AMBAP were CNinsure Inc. (-5.92%) and Tower Ltd. (-2.79%).

The Global Reinsurance Index (AMBGR) closed at 964.78 (-1.45%). Leading the AMBGR were Continental Reinsurance (+9.21%) and Singapore Reinsurance Corp. (+1.61%). Trailing the AMBGR were Maiden Holdings Ltd. (-3.60%) and ING Groep N.V. (-3.08%).

The Global Broker Index (AMBGB) closed at 1012.17 (-0.49%). Leading the AMBGB were Arthur J. Gallagher & Co. (+1.51%) and National Financial Partners (+0.38%). Trailing the AMBGB were Insure.com (-10.03%) and CNinsure Inc. (-5.92%).

The Global Multi-Line Insurance Index (AMBGML) closed at 609.80 (-2.51%). Leading the AMBGML were RSA Insurance Group plc (+0.56%) and HCC Insurance Holdings (+0.47%). Trailing the AMBGML were Allianz (-3.93%) and AIG (-3.66%).

The Global Nonlife Insurance Index (AMBGNL) closed at 1051.91 (-0.24%). Leading the AMBGNL were Affirmative Insurance Holdings Inc. (+16.40%) and EMC Insurance Group (+6.48%). Trailing the AMBGNL were Unico American Corp. (-5.34%) and Maiden Holdings Ltd. (-3.60%).

The Global Life Insurance Index (AMBGL) closed at 749.56 (-2.75%). Leading the AMBGL were United American Healthcare (+8.49%) and Old Mutual plc (+2.61%). Trailing the AMBGL were FBL Financial Group (-6.20%) and Genworth Financial (-5.78%).

The U.S. Property/Casualty Index (AMBUPC) closed at 1041.51 (-0.52%). Leading the AMBUPC were Affirmative Insurance Holdings Inc. (+16.40%) and EMC Insurance Group (+6.48%). Trailing the AMBUPC were Unico American Corp. (-5.34%) and Maiden Holdings Ltd. (-3.60%).

The U.S. Multi-Line Insurance Index (AMBUML) closed at 195.67 (-2.00%). Leading the AMBUML were HCC Insurance Holdings (+0.47%) and Assurant (+0.10%). Trailing the AMBUML were American International Group Inc. (-3.66%) and American National Insurance (-2.90%).

The U.S. Life Insurance Index (AMBUL) closed at 784.33 (-2.66%). Leading the AMBUL were Presidential Life Corp. (+2.97%) and National Western Life Insurance (+0.22%). Trailing the AMBUL were FBL Financial Group (-6.20%) and Genworth Financial (-5.78%).

The U.S. Life and Health/HMO Insurance Index (AMBULH) closed at 797.78 (-2.66%). Leading the AMBULH were United American Healthcare (+8.49%) and Presidential Life Corp. (+2.97%). Trailing the AMBULH were FBL Financial Group (-6.20%) and Genworth Financial (-5.78%).

The U.S. Health and HMO Index (AMBUH) closed at 807.36 (-2.65%). Leading the AMBUH were United American Healthcare (+8.49%) and Universal American (-0.99%). Trailing the AMBUH were HealthSpring (-4.12%) and Cigna (-3.76%).

The U.S. Insurance Brokers Index (AMBUB) closed at 923.87 (-0.25%). Leading the AMBUB were Arthur J. Gallagher & Co. (+1.51%) and National Financial Partners (+0.38%). Trailing the AMBUB were Insure.com (-10.03%) and AmTrust Financial Services Inc. (-1.42%).

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.



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