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Kingstone Cos. Inc. Leads Monday's AMBG as Global Insurance Index Rises 1.32%

 

Wednesday, Nov 18,2009, 10:35:43 AM   Click:

The AMBG closed Monday, Nov. 16, at 818.73 (+1.32%). All 15 A.M. Best stock indexes rose. Leading A.M. Best's Global Insurance Composite Index (AMBG) were Kingstone Cos. Inc. (+34.92%) and CRM Holdings (+21.49%). Trailing the list of global insurance stocks were Gainsco (-10.83%) and LIG Insurance Co. (-4.60%).

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

Global Multi-Line Insurance Index (AMBGML) +2.11%

European Insurance Index (AMBEUR) +1.93%

U.S. Life Insurance Index (AMBUL) +1.76%

U.S. Multi-Line Insurance Index (AMBUML) +1.42%

U.S. Life and Health/HMO Insurance Index (AMBULH) +1.39%

Global Life Insurance Index (AMBGL) +1.33%

Global Composite Index (AMBG) +1.32%

Asia/Pacific Insurance Index (AMBAP) +1.24%

Global Reinsurance Index (AMBGR) +1.16%

Global Insurance Brokers Index (AMBGB) +1.05%

U.S. Insurance Index (AMBUS) +1.00%

U.S. Insurance Brokers Index (AMBUB) +0.99%

U.S. Health and HMO Insurance Index (AMBUH) +0.99%

Global Non-Life Insurance Index (AMBGNL) +0.85%

U.S. Property/Casualty Insurance Index (AMBUPC) +0.60%

The U.S. Insurance Index (AMBUS) closed at 746.13 (+1.00%). Leading the AMBUS were Kingstone Cos. Inc. (+34.92%) and CRM Holdings (+21.49%). Trailing the AMBUS were Gainsco (-10.83%) and Fairfax Financial Holdings (-1.98%).

The European Insurance Index (AMBEUR) closed at 910.71 (+1.93%). Leading the AMBEUR were Zurich Financial Services AG (+3.34%) and Amlin plc (+2.87%). Trailing the AMBEUR were Cattolica Assicurazioni S.p.A. (-2.55%) and RSA Insurance Group plc (-0.98%).

The Asia/Pacific Insurance Index (AMBAP) closed at 1153.92 (+1.24%). Leading the AMBAP were CNinsure Inc. (+5.65%) and Nipponkoa Insurance (+3.92%). Trailing the AMBAP were LIG Insurance Co. (-4.60%) and Meritz Fire & Marine Insurance (-3.24%).

The Global Reinsurance Index (AMBGR) closed at 979.33 (+1.16%). Leading the AMBGR were Max Capital Group (+3.71%) and Zurich Financial Services AG (+3.34%). Trailing the AMBGR were Continental Reinsurance (-4.49%) and National Reinsurance Co. (-1.18%).

The Global Broker Index (AMBGB) closed at 1009.54 (+1.05%). Leading the AMBGB were Kingstone Cos. Inc. (+34.92%) and CNinsure Inc. (+5.65%). Trailing the AMBGB were Advance Create Co. (-1.01%) and Life Quotes Inc. (-0.73%).

The Global Multi-Line Insurance Index (AMBGML) closed at 623.73 (+2.11%). Leading the AMBGML were Atlantic American Corp. (+20.91%) and Horace Mann Educators (+4.17%). Trailing the AMBGML were American International Group (-1.76%) and RSA Insurance Group plc (-0.98%).

The Global Nonlife Insurance Index (AMBGNL) closed at 1067.53 (+0.85%). Leading the AMBGNL were CRM Holdings (+21.49%) and PMA Capital Corp. (+9.16%). Trailing the AMBGNL were Gainsco (-10.83%) and LIG Insurance Co. (-4.60%).

The Global Life Insurance Index (AMBGL) closed at 771.32 (+1.33%). Leading the AMBGL were American Equity Inv. Life (+5.19%) and Principal Financial Group (+4.00%). Trailing the AMBGL were Cattolica Assicurazioni S.p.A. (-2.55%) and United American Healthcare (-1.55%).

The U.S. Property/Casualty Index (AMBUPC) closed at 1076.52 (+0.60%). Leading the AMBUPC were CRM Holdings (+21.49%) and PMA Capital Corp. (+9.16%). Trailing the AMBUPC were Gainsco (-10.83%) and Fairfax Financial Holdings (-1.98%).

The U.S. Multi-Line Insurance Index (AMBUML) closed at 191.00 (+1.42%). Leading the AMBUML were Atlantic American Corp. (+20.91%) and Horace Mann Educators (+4.17%). Trailing the AMBUML were AIG (-1.76%) and American Financial Group (+0.32%).

The U.S. Life Insurance Index (AMBUL) closed at 775.40 (+1.76%). Leading the AMBUL were American Equity Inv. Life (+5.19%) and Principal Financial Group (+4.00%). Trailing the AMBUL were Reinsurance Group of America Inc. (-0.75%) and Ameriprise Financial (-0.74%).

The U.S. Life and Health/HMO Insurance Index (AMBULH) closed at 820.97 (+1.39%). Leading the AMBULH were American Equity Inv. Life (+5.19%) and Principal Financial Group (+4.00%). Trailing the AMBULH were United American Healthcare (-1.55%) and Reinsurance Group of America Inc. (-0.75%).

The U.S. Health and HMO Index (AMBUH) closed at 868.56 (+0.99%). Leading the AMBUH were AMERIGROUP (+3.14%) and Triple-S Management Corp. (+3.05%). Trailing the AMBUH were United American Healthcare (-1.55%) and UnitedHealth Group (+0.24%).

The U.S. Insurance Brokers Index (AMBUB) closed at 921.61 (+0.99%). Leading the AMBUB were Kingstone Cos. Inc. (+34.92%) and National Financial Partners (+5.57%). Trailing the AMBUB were Life Quotes, Inc. (-0.73%) and InsWeb (0.00%).

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

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