Kingstone Cos. Inc. Leads Friday's AMBG as Global Insurance Index Declines 0.56%

 

Tuesday, Nov 24,2009, 10:13:08 AM   Click:

The AMBG closed Friday, Nov. 20, at 796.98 (-0.56%). Of the 15 A.M. Best stock indexes, one rose and 14 declined. Leading A.M. Best's Global Insurance Composite Index (AMBG) were Kingstone Cos. Inc. (+17.06%) and National Security Group (+8.85%). Trailing the list of global insurance stocks were Meadowbrook Insurance Group (-4.74%) and Continental Reinsurance (-3.70%).

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

Asia/Pacific Insurance Index (AMBAP) +0.33%

U.S. Health and HMO Insurance Index (AMBUH) -0.09%

U.S. Insurance Brokers Index (AMBUB) -0.14%

Global Insurance Brokers Index (AMBGB) -0.20%

U.S. Multi-Line Insurance Index (AMBUML) -0.23%

Global Non-Life Insurance Index (AMBGNL) -0.28%

U.S. Insurance Index (AMBUS) -0.43%

U.S. Property/Casualty Insurance Index (AMBUPC) -0.44%

U.S. Life and Health/HMO Insurance Index (AMBULH) -0.50%

Global Composite Index (AMBG) -0.56%

Global Life Insurance Index (AMBGL) -0.69%

Global Reinsurance Index (AMBGR) -0.86%

Global Multi-Line Insurance Index (AMBGML) -0.88%

U.S. Life Insurance Index (AMBUL) -0.90%

European Insurance Index (AMBEUR) -1.01%

The U.S. Insurance Index (AMBUS) closed at 731.70 (-0.43%). Leading the AMBUS were Kingstone Cos. Inc. (+17.06%) and National Security Group (+8.85%). Trailing the AMBUS were Meadowbrook Insurance Group (-4.74%) and Protective Life Corp. (-3.02%).

The European Insurance Index (AMBEUR) closed at 870.63 (-1.01%)%. Leading the AMBEUR were Beazley Group (+2.19%) and Scor S.E. (+1.72%). Trailing the AMBEUR were Hiscox (-3.21%) and ING Groep N.V. (-2.91%).

The Asia/Pacific Insurance Index (AMBAP) closed at 1148.41 (+0.33%). Leading the AMBAP were Hyundai Marine & Fire Insurance Co. Ltd. (+2.45%) and Aioi Insurance Co. Ltd. (+1.95%). Trailing the AMBAP were CNinsure Inc. (-2.01%) and Sompo Japan Insurance (-1.97%).

The Global Reinsurance Index (AMBGR) closed at 952.18 (-0.86%). Leading the AMBGR were Kenya Reinsurance Co. (+4.76%) and Maiden Holdings Ltd. (+2.23%). Trailing the AMBGR were Continental Reinsurance (-3.70%) and ING Groep N.V. (-2.91%).

The Global Broker Index (AMBGB) closed at 964.51 (-0.20%). Leading the AMBGB were Kingstone Cos. Inc. (+17.06%) and AmTrust Financial Services Inc. (+2.20%). Trailing the AMBGB were eHealth Inc. (-2.18%) and CNinsure Inc. (-2.01%).

The Global Multi-Line Insurance Index (AMBGML) closed at 601.94 (-0.88%). Leading the AMBGML were First Acceptance Corp. (+2.09%) and American National Insurance (+1.74%). Trailing the AMBGML were Unitrin (-2.62%) and Delphi Financial Group (-2.17%).

The Global Nonlife Insurance Index (AMBGNL) closed at 1056.65 (-0.28%). Leading the AMBGNL were National Security Group (+8.85%) and NYMagic (+7.04%). Trailing the AMBGNL were Meadowbrook Insurance Group (-4.74%) and Hiscox (-3.21%).

The Global Life Insurance Index (AMBGL) closed at 742.79 (-0.69%). Leading the AMBGL were National Western Life Insurance (+2.56%) and Old Mutual plc (+1.46%). Trailing the AMBGL were Protective Life Corp. (-3.02%) and ING Groep N.V. (-2.91%).

The U.S. Property/Casualty Index (AMBUPC) closed at 1069.79 (-0.44%). Leading the AMBUPC were National Security Group (+8.85%) and NYMagic (+7.04%). Trailing the AMBUPC were Meadowbrook Insurance Group (-4.74%) and Arch Capital Group (-1.94%).

The U.S. Multi-Line Insurance Index (AMBUML) closed at 188.79 (-0.23%). Leading the AMBUML were American National Insurance (+1.74%) and Allstate (+0.87%). Trailing the AMBUML were Unitrin (-2.62%) and Delphi Financial Group (-2.17%).

The U.S. Life Insurance Index (AMBUL) closed at 744.66 (-0.90%). Leading the AMBUL were National Western Life Insurance (+2.56%) and Presidential Life Corp. (+1.44%). Trailing the AMBUL were Protective Life Corp. (-3.02%) and Conseco (-2.90%).

The U.S. Life and Health/HMO Insurance Index (AMBULH) closed at 794.53 (-0.50%). Leading the AMBULH were National Western Life Insurance (+2.56%) and Presidential Life Corp. (+1.44%). Trailing the AMBULH were Protective Life Corp. (-3.02%) and Conseco (-2.90%).

The U.S. Health and HMO Index (AMBUH) closed at 847.43 (-0.09%). Leading the AMBUH were United American Healthcare (+1.09%) and HealthSpring (+1.01%). Trailing the AMBUH were Aetna (-1.01%) and Humana (-0.96%).

The U.S. Insurance Brokers Index (AMBUB) closed at 880.05 (-0.14%). Leading the AMBUB were Kingstone Cos. Inc. (+17.06%) and AmTrust Financial Services Inc. (+2.20%). Trailing the AMBUB were eHealth Inc. (-2.18%) and Life Partners (-0.47%).

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