Quantcast
 
New book by Larry Connors Click here Improve your trading - See how


 

Atlantic American Corp. Leads Friday's AMBG as Global Insurance Index Rises 0.27%

Mon. October 12, 2009; Posted: 09:58 AM
Stocks RSS
OLDWICK, N.J., Oct 12, 2009 (A. M. Best via COMTEX) -- AAME | Quote | Chart | News | PowerRating -- The AMBG closed Friday, Oct. 9, at 831.61 (+0.27%). Of the 15 A.M. Best stock indexes, 12 rose and three declined. Leading A.M. Best's Global Insurance Composite Index (AMBG) were Atlantic American Corp. (+9.56%) and Phoenix Cos. (+8.48%). Trailing the list of global insurance stocks were Omega Insurance Holdings (-6.62%) and Continental Reinsurance (-4.76%).

The U.S. Health and HMO 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:

U.S. Health and HMO Insurance Index (AMBUH) +2.57%

U.S. Life and Health/HMO Insurance Index (AMBULH) +1.24%

Global Life Insurance Index (AMBGL) +0.69%

U.S. Insurance Index (AMBUS) +0.55%

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

Global Multi-Line Insurance Index (AMBGML) +0.30%

U.S. Insurance Brokers Index (AMBUB) +0.30%

Global Insurance Brokers Index (AMBGB) +0.28%

Global Composite Index (AMBG) +0.27%

U.S. Life Insurance Index (AMBUL) +0.20%

European Insurance Index (AMBEUR) +0.01%

U.S. Property/Casualty Insurance Index (AMBUPC) +0.00%

Global Reinsurance Index (AMBGR) -0.08%

Global Non-Life Insurance Index (AMBGNL) -0.13%

Asia/Pacific Insurance Index (AMBAP) -0.60%

The U.S. Insurance Index (AMBUS) closed at 746.09 (+0.55%). Leading the AMBUS were Atlantic American Corp. (+9.56%) and Phoenix Cos. (+8.48%). Trailing the AMBUS were Assurant (-2.87%) and Mercer Insurance Group (-2.32%).

The European Insurance Index (AMBEUR) closed at 946.05 (+0.01%). Leading the AMBEUR were Hannover Rueckversicherungs AG (+2.04%) and Amlin PLC (+1.67%). Trailing the AMBEUR were Omega Insurance Holdings (-6.62%) and Beazley Group (-1.27%).

The Asia/Pacific Insurance Index (AMBAP) closed at 1177.94 (-0.60%). Leading the AMBAP were Singapore Reinsurance Corp. (+6.90%) and LIG Insurance Co. (+3.99%). Trailing the AMBAP were QBE Insurance Group Ltd. (-2.48%) and Austbrokers Holdings (-2.22%).

The Global Reinsurance Index (AMBGR) closed at 1001.41 (-0.08%). Leading the AMBGR were Singapore Reinsurance Corp. (+6.90%) and Maiden Holdings Ltd. (+5.07%). Trailing the AMBGR were Continental Reinsurance (-4.76%) and QBE Insurance Group Ltd. (-2.48%).

The Global Broker Index (AMBGB) closed at 1034.94 (+0.28%). Leading the AMBGB were CNinsure Inc. (+2.14%) and Advance Create Co. (+1.33%). Trailing the AMBGB were Austbrokers Holdings (-2.22%) and Willis Group Holdings (-1.00%).

The Global Multi-Line Insurance Index (AMBGML) closed at 651.86 (+0.30%). Leading the AMBGML were Atlantic American Corp. (+9.56%) and Hannover Rueckversicherungs AG (+2.04%). Trailing the AMBGML were Assurant (-2.87%) and American Financial Group (-2.01%).

The Global Nonlife Insurance Index (AMBGNL) closed at 1063.20 (-0.13%). Leading the AMBGNL were Singapore Reinsurance Corp. (+6.90%) and Maiden Holdings Ltd. (+5.07%). Trailing the AMBGNL were Omega Insurance Holdings (-6.62%) and QBE Insurance Group Ltd. (-2.48%).

The Global Life Insurance Index (AMBGL) closed at 783.99 (+0.69%). Leading the AMBGL were Phoenix Cos. (+8.48%) and Health Net (+5.82%). Trailing the AMBGL were Independence Holding Co. (-1.37%) and Genworth Financial (-1.33%).

The U.S. Property/Casualty Index (AMBUPC) closed at 1064.95 (+0.00%). Leading the AMBUPC were Maiden Holdings Ltd. (+5.07%) and Navigators Group (+4.70%). Trailing the AMBUPC were Mercer Insurance Group (-2.32%) and Arch Capital Group (-1.56%).

The U.S. Multi-Line Insurance Index (AMBUML) closed at 209.10 (+0.37%). Leading the AMBUML were Atlantic American Corp. (+9.56%) and Allstate (+1.40%). Trailing the AMBUML were Assurant (-2.87%) and American Financial Group (-2.01%).

The U.S. Life Insurance Index (AMBUL) closed at 834.79 (+0.20%). Leading the AMBUL were Phoenix Cos. (+8.48%) and American Equity Inv. Life (+2.23%). Trailing the AMBUL were Independence Holding Co. (-1.37%) and Genworth Financial (-1.33%).

The U.S. Life and Health/HMO Insurance Index (AMBULH) closed at 815.61 (+1.24%). Leading the AMBULH were Phoenix Cos. (+8.48%) and Health Net (+5.82%). Trailing the AMBULH were Independence Holding Co. (-1.37%) and Genworth Financial (-1.33%).

The U.S. Health and HMO Index (AMBUH) closed at 786.29 (+2.57%). Leading the AMBUH were Health Net (+5.82%) and Centene Corp. (+5.37%). Trailing the AMBUH were Unum Group (-0.32%) and Triple-S Management Corp. (-0.06%).

The U.S. Insurance Brokers Index (AMBUB) closed at 943.38 (+0.30%). Leading the AMBUB were Marsh & McLennan Cos. (+0.77%) and Arthur J. Gallagher & Co. (+0.74%). Trailing the AMBUB were Willis Group Holdings (-1.00%) and Insure.com (0.00%).

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 Index is available at http://www.ambest.com/stocks.

For full details for AAME click here.

    


More News:   Market Updates | Stock Alerts | All Trading News | Stock Index

Email
Print
Archives
Feedback
Email Article Link
Close X
Recipients email address
Your name
Your email
Add a note (optional)




Stocks RSS





Related News [AAME]
  UPCOMING EVENTS
Learn new strategies, how to trade in this market, and the stocks you should be focusing on each day. Join us for our free 20 minute tele-seminars during the week.
* Attendance is strictly limited and are filled on a first-come, first-served basis.
PREMIER SPONSORED LINKS
TRADE CENTER
 
The TradingMarkets Directory
RELATED SITES
Nothing but forex
Please call 1-213-955-5858 ext. 1

About TradingMarkets | Contact | Advertise | Careers | Link to Us | Site Map | Help | Terms & Conditions | Privacy Policy | Return Policy | Testimonials | Feedback

Disclaimer:

The Connors Group, Inc. ("Company") is not an investment advisory service, nor a registered investment advisor or broker-dealer and does not purport to tell or suggest which securities or currencies customers should buy or sell for themselves. The analysts and employees or affiliates of Company may hold positions in the stocks, currencies or industries discussed here. You understand and acknowledge that there is a very high degree of risk involved in trading securities and/or currencies. The Company, the authors, the publisher, and all affiliates of Company assume no responsibility or liability for your trading and investment results. Factual statements on the Company's website, or in its publications, are made as of the date stated and are subject to change without notice.

It should not be assumed that the methods, techniques, or indicators presented in these products will be profitable or that they will not result in losses. Past results of any individual trader or trading system published by Company are not indicative of future returns by that trader or system, and are not indicative of future returns which be realized by you. In addition, the indicators, strategies, columns, articles and all other features of Company's products (collectively, the "Information") are provided for informational and educational purposes only and should not be construed as investment advice. Examples presented on Company's website are for educational purposes only. Such set-ups are not solicitations of any order to buy or sell. Accordingly, you should not rely solely on the Information in making any investment. Rather, you should use the Information only as a starting point for doing additional independent research in order to allow you to form your own opinion regarding investments. You should always check with your licensed financial advisor and tax advisor to determine the suitability of any investment.

HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS HAVE CERTAIN INHERENT LIMITATIONS. UNLIKE AN ACTUAL PERFORMANCE RECORD, SIMULATED RESULTS DO NOT REPRESENT ACTUAL TRADING AND MAY NOT BE IMPACTED BY BROKERAGE AND OTHER SLIPPAGE FEES. ALSO, SINCE THE TRADES HAVE NOT ACTUALLY BEEN EXECUTED, THE RESULTS MAY HAVE UNDER- OR OVER-COMPENSATED FOR THE IMPACT, IF ANY, OF CERTAIN MARKET FACTORS, SUCH AS LACK OF LIQUIDITY. SIMULATED TRADING PROGRAMS IN GENERAL ARE ALSO SUBJECT TO THE FACT THAT THEY ARE DESIGNED WITH THE BENEFIT OF HINDSIGHT. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFITS OR LOSSES SIMILAR TO THOSE SHOWN.

The Connors Group, Inc.
10 Exchange Place, Suite 1800
Jersey City, NJ 07302

© Copyright 2009 The Connors Group, Inc.


All analyst commentary provided on TradingMarkets.com is provided for educational purposes only. The analysts and employees or affiliates of TradingMarkets.com may hold positions in the stocks or industries discussed here. This information is NOT a recommendation or solicitation to buy or sell any securities. Your use of this and all information contained on TradingMarkets.com is governed by the Terms and Conditions of Use. Please click the link to view those terms. Follow this link to read our Editorial Policy.

© 2009 The Connors Group, Inc.