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Affirmative Insurance Holdings Inc. Leads Friday's AMBG as Global Insurance Index Declines 0.73%

 

Monday, Sep 28,2009, 10:15:08 PM   Click:

The AMBG closed Friday, Sept. 25, at 796.03 (-0.73%). All 15 A.M. Best stock indexes declined. Leading A.M. Best's Global Insurance Composite Index (AMBG) were Affirmative Insurance Holdings Inc. (+11.94%) and Paris Re Holdings (+8.70%). Trailing the list of global insurance stocks were EMC Insurance Group (-14.23%) and Investors Heritage Capital Co. (-11.90%).

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

Global Multi-Line Insurance Index (AMBGML) -0.19%

European Insurance Index (AMBEUR) -0.25%

U.S. Property/Casualty Insurance Index (AMBUPC) -0.48%

U.S. Multi-Line Insurance Index (AMBUML) -0.57%

Global Reinsurance Index (AMBGR) -0.61%

Global Composite Index (AMBG) -0.73%

Global Non-Life Insurance Index (AMBGNL) -0.82%

U.S. Insurance Index (AMBUS) -0.84%

U.S. Life Insurance Index (AMBUL) -0.95%

Global Life Insurance Index (AMBGL) -0.97%

U.S. Insurance Brokers Index (AMBUB) -1.02%

Global Insurance Brokers Index (AMBGB) -1.02%

U.S. Life and Health/HMO Insurance Index (AMBULH) -1.27%

U.S. Health and HMO Insurance Index (AMBUH) -1.64%

Asia/Pacific Insurance Index (AMBAP) -1.98%

The U.S. Insurance Index (AMBUS) closed at 721.32 (-0.84%). Leading the AMBUS were Affirmative Insurance Holdings Inc. (+11.94%) and Eastern Insurance Holdings (+5.40%). Trailing the AMBUS were EMC Insurance Group (-14.23%) and Investors Heritage Capital Co. (-11.90%).

The European Insurance Index (AMBEUR) closed at 878.33 (-0.25%)%. Leading the AMBEUR were Paris Re Holdings (+8.70%) and Hansard Global (+4.00%). Trailing the AMBEUR were Old Mutual plc (-3.04%) and Swiss Reinsurance (-1.63%).

The Asia/Pacific Insurance Index (AMBAP) closed at 1199.01 (-1.98%). Leading the AMBAP were Korean Reinsurance Co. (+2.74%) and Meritz Fire & Marine Insurance (+2.70%). Trailing the AMBAP were Advance Create Co. (-5.65%) and CNinsure Inc. (-5.00%).

The Global Reinsurance Index (AMBGR) closed at 958.92 (-0.61%). Leading the AMBGR were Paris Re Holdings (+8.70%) and Continental Reinsurance (+4.82%). Trailing the AMBGR were Reinsurance Group of America Inc. (-2.28%) and Berkshire Hathaway (-1.90%).

The Global Broker Index (AMBGB) closed at 1001.86 (-1.02%). Leading the AMBGB were Hansard Global (+4.00%) and Life Partners (+2.68%). Trailing the AMBGB were Advance Create Co. (-5.65%) and CNinsure Inc. (-5.00%).

The Global Multi-Line Insurance Index (AMBGML) closed at 608.67 (-0.19%). Leading the AMBGML were RSA Insurance Group plc (+1.43%) and Assurant (+1.23%). Trailing the AMBGML were American Financial Group (-2.26%) and Horace Mann Educators (-1.88%).

The Global Nonlife Insurance Index (AMBGNL) closed at 1043.32 (-0.82%). Leading the AMBGNL were Affirmative Insurance Holdings Inc. (+11.94%) and Paris Re Holdings (+8.70%). Trailing the AMBGNL were EMC Insurance Group (-14.23%) and Tokio Marine Holdings (-4.61%).

The Global Life Insurance Index (AMBGL) closed at 742.28 (-0.97%). Leading the AMBGL were Industrial Alliance Ins. & FS (+1.28%) and Sun Life Financial (+1.10%). Trailing the AMBGL were Investors Heritage Capital Co. (-11.90%) and United American Healthcare (-11.30%).

The U.S. Property/Casualty Index (AMBUPC) closed at 1036.54 (-0.48%). Leading the AMBUPC were Affirmative Insurance Holdings Inc. (+11.94%) and Eastern Insurance Holdings (+5.40%). Trailing the AMBUPC were EMC Insurance Group (-14.23%) and CNA Surety (-3.02%).

The U.S. Multi-Line Insurance Index (AMBUML) closed at 194.56 (-0.57%). Leading the AMBUML were Assurant (+1.23%) and Atlantic American Corp. (0.00%). Trailing the AMBUML were American Financial Group (-2.26%) and Horace Mann Educators (-1.88%).

The U.S. Life Insurance Index (AMBUL) closed at 776.89 (-0.95%). Leading the AMBUL were Sun Life Financial (+1.10%) and American Equity Inv. Life (+0.56%). Trailing the AMBUL were Investors Heritage Capital Co. (-11.90%) and Conseco (-3.08%).

The U.S. Life and Health/HMO Insurance Index (AMBULH) closed at 787.63 (-1.27%). Leading the AMBULH were Sun Life Financial (+1.10%) and Molina Healthcare (+0.79%). Trailing the AMBULH were Investors Heritage Capital Co. (-11.90%) and United American Healthcare (-11.30%).

The U.S. Health and HMO Index (AMBUH) closed at 794.08 (-1.64%). Leading the AMBUH were Molina Healthcare (+0.79%) and Coventry Health Care (+0.67%). Trailing the AMBUH were United American Healthcare (-11.30%) and Cigna (-3.05%).

The U.S. Insurance Brokers Index (AMBUB) closed at 914.48 (-1.02%). Leading the AMBUB were Life Partners (+2.68%) and InsWeb (0.00%). Trailing the AMBUB were eHealth Inc. (-2.72%) and National Financial Partners (-2.00%).

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

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