American Equity Investment Life Leads Tuesday's AMBG as Global Insurance Index Declines 0.60%

The AMBG closed Tuesday, Nov.10, at 808.58 (-0.60%). All 15 A.M. Best stock indexes declined. Leading A.M. Best's Global Insurance Composite Index (AMBG) were American Equity Investment Life (+8.14%) and Tower Ltd. (+4.71%). Trailing the list of global insurance stocks were Kingsway Financial Services (-6.79%) and National Western Life Insurance (-6.44%).

The Global Multi-Line 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:

Global Multi-Line Insurance Index (AMBGML) -0.09%

U.S. Health and HMO Insurance Index (AMBUH) -0.11%

U.S. Insurance Brokers Index (AMBUB) -0.13%

Global Insurance Brokers Index (AMBGB) -0.15%

U.S. Multi-Line Insurance Index (AMBUML) -0.39%

U.S. Property/Casualty Insurance Index (AMBUPC) -0.40%

U.S. Insurance Index (AMBUS) -0.45%

Global Non-Life Insurance Index (AMBGNL) -0.53%

U.S. Life and Health/HMO Insurance Index (AMBULH) -0.56%

Global Composite Index (AMBG) -0.60%

Asia/Pacific Insurance Index (AMBAP) -0.65%

European Insurance Index (AMBEUR) -0.86%

Global Reinsurance Index (AMBGR) -0.95%

U.S. Life Insurance Index (AMBUL) -0.97%

Global Life Insurance Index (AMBGL) -1.06%

The U.S. Insurance Index (AMBUS) closed at 742.13 (-0.45%). Leading the AMBUS were American Equity Inv. Life (+8.14%) and Universal Insurance Holdings (+4.55%). Trailing the AMBUS were National Western Life Insurance (-6.44%) and Presidential Life Corp. (-5.54%).

The European Insurance Index (AMBEUR) closed at 887.24 (-0.86%). Leading the AMBEUR were Generali Deutschland Holding (+2.77%) and Amlin plc (+1.10%). Trailing the AMBEUR were ING Groep N.V. (-3.63%) and Hannover Rueckversicherungs AG (-2.98%).

The Asia/Pacific Insurance Index (AMBAP) closed at 1143.03 (-0.65%). Leading the AMBAP were Tower Ltd. (+4.71%) and Qatar General Ins & Re Co. (+3.70%). Trailing the AMBAP were Aioi Insurance Co. Ltd. (-2.34%) and Mitsui Sumitomo Insurance Group Holdings (-1.98%).

The Global Reinsurance Index (AMBGR) closed at 964.25 (-0.95%). Leading the AMBGR were National Reinsurance Co. (+2.38%) and Aspen Insurance Holdings (+1.74%). Trailing the AMBGR were ING Groep N.V. (-3.63%) and Kenya Reinsurance Co. (-3.37%).

The Global Broker Index (AMBGB) closed at 999.87 (-0.15%). Leading the AMBGB were CNinsure Inc. (+1.58%) and Life Partners (+1.26%). Trailing the AMBGB were eHealth Inc. (-3.12%) and Hansard Global (-2.86%).

The Global Multi-Line Insurance Index (AMBGML) closed at 614.20 (-0.09%). Leading the AMBGML were Atlantic American Corp. (+4.00%) and American International Group (+3.90%). Trailing the AMBGML were First Acceptance Corp. (-3.20%) and Hannover Rueckversicherungs AG (-2.98%).

The Global Nonlife Insurance Index (AMBGNL) closed at 1059.60 (-0.53%). Leading the AMBGNL were Tower Ltd. (+4.71%) and Universal Insurance Holdings (+4.55%). Trailing the AMBGNL were Kingsway Financial Services (-6.79%) and Presidential Life Corp. (-5.54%).

The Global Life Insurance Index (AMBGL) closed at 758.90 (-1.06%). Leading the AMBGL were American Equity Inv. Life (+8.14%) and Independence Holding Co. (+3.92%). Trailing the AMBGL were National Western Life Insurance (-6.44%) and ING Groep N.V. (-3.63%).

The U.S. Property/Casualty Index (AMBUPC) closed at 1072.05 (-0.40%). Leading the AMBUPC were Universal Insurance Holdings (+4.55%) and Affirmative Insurance Holdings Inc. (+2.50%). Trailing the AMBUPC were Gainsco (-4.28%) and American Safety Insurance Holdings (-4.14%).

The U.S. Multi-Line Insurance Index (AMBUML) closed at 190.54 (-0.39%). Leading the AMBUML were Atlantic American Corp. (+4.00%) and AIG (+3.90%). Trailing the AMBUML were Assurant (-1.41%) and Hartford Financial Services Group (-1.34%).

The U.S. Life Insurance Index (AMBUL) closed at 771.89 (-0.97%). Leading the AMBUL were American Equity Inv. Life (+8.14%) and Independence Holding Co. (+3.92%). Trailing the AMBUL were National Western Life Insurance (-6.44%) and Presidential Life Corp. (-5.54%).

The U.S. Life and Health/HMO Insurance Index (AMBULH) closed at 815.33 (-0.56%). Leading the AMBULH were American Equity Inv. Life (+8.14%) and Independence Holding Co. (+3.92%). Trailing the AMBULH were National Western Life Insurance (-6.44%) and Presidential Life Corp. (-5.54%).

The U.S. Health and HMO Index (AMBUH) closed at 860.43 (-0.11%). Leading the AMBUH were Amerigroup (+2.49%) and United American Healthcare (+1.02%). Trailing the AMBUH were Triple-S Management Corp. (-1.33%) and HealthSpring (-0.88%).

The U.S. Insurance Brokers Index (AMBUB) closed at 914.19 (-0.13%). Leading the AMBUB were Life Partners (+1.26%) and Marsh & McLennan Cos. (+0.71%). Trailing the AMBUB were eHealth Inc. (-3.12%) and Kingstone Cos. Inc. (-2.38%).

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

The A.M. Best stock indexes cover 203 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.