CNINSURE INC. LEADS WEDNESDAY'S AMBG AS GLOBAL INSURANCE INDEX DECLINES 0.97% - Zacks.com

OLDWICK, N.J., May 10, 2012 (A. M. Best via COMTEX) -- The AMBG closed Wednesday, May 9, at 845.61 (-0.97%). All 15 A.M. Best stock indexes declined. Leading A.M. Best's Global Insurance Composite Index (AMBG) were CNinsure Inc. (+32.48%) and Hilltop Holdings Inc. (+22.49%). Trailing the list of global insurance stocks were Hiscox (-6.31%) and Mapfre S.A. (-6.27%).

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

Global Insurance Brokers Index (AMBGB) -0.34%

U.S. Multi-Line Insurance Index (AMBUML) -0.37%

U.S. Insurance Brokers Index (AMBUB) -0.49%

U.S. Property/Casualty Insurance Index (AMBUPC) -0.62%

Global Multi-Line Insurance Index (AMBGML) -0.73%

Global Non-Life Insurance Index (AMBGNL) -0.86%

European Insurance Index (AMBEUR) -0.87%

Global Reinsurance Index (AMBGR) -0.87%

Global Composite Index (AMBG) -0.97%

U.S. Insurance Index (AMBUS) -0.99%

Global Life Insurance Index (AMBGL) -1.30%

Asia/Pacific Insurance Index (AMBAP) -1.47%

U.S. Health and HMO Insurance Index (AMBUH) -1.60%

U.S. Life and Health/HMO Insurance Index (AMBULH) -1.61%

U.S. Life Insurance Index (AMBUL) -1.63%

The U.S. Insurance Index (AMBUS) closed at 896.44 (-0.99%). Leading the AMBUS were Hilltop Holdings Inc. (+22.49%) and Global Indemnity (+6.83%). Trailing the AMBUS were First Acceptance Corp. (-5.96%) and Phoenix Cos. (-4.32%).

The European Insurance Index (AMBEUR) closed at 730.68 (-0.87%). Leading the AMBEUR were Beazley Group (+3.60%) and ING Groep N.V. (+1.72%). Trailing the AMBEUR were Hiscox (-6.31%) and Mapfre S.A. (-6.27%).

The Asia/Pacific Insurance Index (AMBAP) closed at 901.90 (-1.47%). Leading the AMBAP were CNinsure Inc. (+32.48%) and Samsung Fire & Marine Insurance Co. Ltd. (+1.38%). Trailing the AMBAP were China Taiping Insurance Holdings Co. Ltd. (-5.43%) and MS & AD Insurance Group Holdings Inc. (-2.52%).

The Global Reinsurance Index (AMBGR) closed at 1030.61 (-0.87%). Leading the AMBGR were XL Group (+4.31%) and Continental Reinsurance (+3.80%). Trailing the AMBGR were Mapfre S.A. (-6.27%) and Scor S.E. (-5.81%).

The Global Broker Index (AMBGB) closed at 1304.04 (-0.34%). Leading the AMBGB were CNinsure Inc. (+32.48%) and Brown & Brown (+2.43%). Trailing the AMBGB were Marsh & McLennan Cos. (-1.85%) and AmTrust Financial Services Inc. (-1.72%).

The Global Multi-Line Insurance Index (AMBGML) closed at 507.49 (-0.73%). Leading the AMBGML were Allianz (+0.55%) and AIG (+0.41%). Trailing the AMBGML were First Acceptance Corp. (-5.96%) and Assicurazioni Generali S.p.A. (-2.56%).

The Global Nonlife Insurance Index (AMBGNL) closed at 1217.87 (-0.86%). Leading the AMBGNL were Hilltop Holdings Inc. (+22.49%) and Global Indemnity (+6.83%). Trailing the AMBGNL were Hiscox (-6.31%) and Mapfre S.A. (-6.27%).

The Global Life Insurance Index (AMBGL) closed at 801.47 (-1.30%). Leading the AMBGL were National Western Life Insurance (+2.26%) and ING Groep N.V. (+1.72%). Trailing the AMBGL were China Taiping Insurance Holdings Co. Ltd. (-5.43%) and Phoenix Cos. (-4.32%).

The U.S. Property/Casualty Index (AMBUPC) closed at 1329.17 (-0.62%). Leading the AMBUPC were Hilltop Holdings Inc. (+22.49%) and Global Indemnity (+6.83%). Trailing the AMBUPC were First Acceptance Corp. (-5.96%) and Employers Holdings (-3.46%).

The U.S. Multi-Line Insurance Index (AMBUML) closed at 213.44 (-0.37%). Leading the AMBUML were AIG (+0.41%) and Assurant (+0.21%). Trailing the AMBUML were Kemper Corp. (-1.15%) and Fortegra Financial Corp. (-1.10%).

The U.S. Life Insurance Index (AMBUL) closed at 708.02 (-1.63%). Leading the AMBUL were National Western Life Insurance (+2.26%) and Investors Heritage Capital Co. (+0.05%). Trailing the AMBUL were Phoenix Cos. (-4.32%) and Genworth Financial (-3.61%).

The U.S. Life and Health/HMO Insurance Index (AMBULH) closed at 954.62 (-1.61%). Leading the AMBULH were National Western Life Insurance (+2.26%) and Investors Heritage Capital Co. (+0.05%). Trailing the AMBULH were Phoenix Cos. (-4.32%) and Genworth Financial (-3.61%).

The U.S. Health and HMO Index (AMBUH) closed at 1277.63 (-1.60%). Leading the AMBUH were Unum Group (-0.68%) and UnitedHealth Group (-1.07%). Trailing the AMBUH were Humana (-2.80%) and Triple-S Management Corp. (-2.46%).

The U.S. Insurance Brokers Index (AMBUB) closed at 1214.12 (-0.49%). Leading the AMBUB were Brown & Brown (+2.43%) and Willis Group Holdings (+0.42%). Trailing the AMBUB were Marsh & McLennan Cos. (-1.85%) and AmTrust Financial Services Inc. (-1.72%).

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

The A.M. Best stock indexes cover 176 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.

Copyright (C) 2012 by A. M. Best Company, Inc.

13 May, 2012

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Source: http://www.zacks.com/research/get_news.php?id=131u1991
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