Arab Orient Insurance Co. Leads Wednesday’s AMBG as Global Insurance Index Declines 0.58%

The AMBG closed Wednesday, June 30, at 745.17 (-0.58%). Of the 15 A.M. Best stock indexes, one rose and 14 declined. Leading A.M. Best’s Global Insurance Composite Index (AMBG) were Arab Orient Insurance Co. (+4.64%) and Continental reinsurance (+4.55%). Trailing the list of global insurance stocks were EGI financial Holdings (-9.91%) and Presidential Life Corp. (-6.47%).

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

Global Multi-Line Insurance Index (AMBGML) +0.36%

European Insurance Index (AMBEUR) -0.01%

Global reinsurance Index (AMBGR) -0.39%

U.S. Multi-Line Insurance Index (AMBUML) -0.51%

Global Composite Index (AMBG) -0.58%

U.S. Property/casualty insurance Index (AMBUPC) -0.59%

Global Non-life insurance Index (AMBGNL) -0.72%

U.S. Insurance Index (AMBUS) -0.78%

Global life insurance Index (AMBGL) -0.90%

U.S. Health and HMO Insurance Index (AMBUH) -0.95%

U.S. Life and Health/HMO Insurance Index (AMBULH) -0.98%

U.S. life insurance Index (AMBUL) -1.01%

Asia/Pacific Insurance Index (AMBAP) -1.06%

Global Insurance Brokers Index (AMBGB) -1.26%

U.S. Insurance Brokers Index (AMBUB) -1.34%

The U.S. Insurance Index (AMBUS) closed at 751.73 (-0.78%). Leading the AMBUS were Meadowbrook Insurance Group (+2.86%) and Mercer Insurance Group (+2.11%). Trailing the AMBUS were Presidential Life Corp. (-6.47%) and First Mercury financial Corp. (-5.70%).

The European Insurance Index (AMBEUR) closed at 684.16 (-0.01%). Leading the AMBEUR were Omega Insurance Holdings (+4.06%) and April Group S.A. (+1.78%). Trailing the AMBEUR were Chaucer Holdings (-2.34%) and Beazley Group (-2.25%).

The Asia/Pacific Insurance Index (AMBAP) closed at 1011.48 (-1.06%). Leading the AMBAP were Arab Orient Insurance Co. (+4.64%) and China Taiping Insurance Holdings Co. Ltd. (+4.29%). Trailing the AMBAP were Dongbu Insurance Co. (-3.40%) and Meritz Fire & Marine Insurance (-2.50%).

The Global reinsurance Index (AMBGR) closed at 920.89 (-0.39%). Leading the AMBGR were Continental Reinsurance (+4.55%) and China Taiping Insurance Holdings Co. Ltd. (+4.29%). Trailing the AMBGR were Chaucer Holdings (-2.34%) and Flagstone Reinsurance Holdings (-2.17%).

The Global Broker Index (AMBGB) closed at 971.46 (-1.26%). Leading the AMBGB were eHealth Inc. (+2.06%) and April Group S.A. (+1.78%). Trailing the AMBGB were AmTrust financial Services Inc. (-2.75%) and National Financial Partners (-2.69%).

The Global Multi-Line Insurance Index (AMBGML) closed at 494.21 (+0.36%). Leading the AMBGML were Arab Orient Insurance Co. (+4.64%) and First Acceptance Corp. (+1.79%). Trailing the AMBGML were American National Insurance (-1.64%) and Unitrin (-1.42%).

The Global Nonlife Insurance Index (AMBGNL) closed at 1064.56 (-0.72%). Leading the AMBGNL were Omega Insurance Holdings (+4.06%) and Meadowbrook Insurance Group (+2.86%). Trailing the AMBGNL were EGI Financial Holdings (-9.91%) and Presidential Life Corp. (-6.47%).

The Global Life Insurance Index (AMBGL) closed at 687.13 (-0.90%). Leading the AMBGL were China Taiping Insurance Holdings Co. Ltd. (+4.29%) and Great-West Lifeco (+1.26%). Trailing the AMBGL were Universal American (-4.95%) and Amerigroup (-3.59%).

The U.S. Property/Casualty Index (AMBUPC) closed at 1134.06 (-0.59%). Leading the AMBUPC were Meadowbrook Insurance Group (+2.86%) and Mercer Insurance Group (+2.11%). Trailing the AMBUPC were First Mercury Financial Corp. (-5.70%) and State Auto Financial (-5.66%).

The U.S. Multi-Line Insurance Index (AMBUML) closed at 184.84 (-0.51%). Leading the AMBUML were Horace Mann Educators (+1.19%) and HCC Insurance Holdings (+1.06%). Trailing the AMBUML were American National Insurance (-1.64%) and Unitrin (-1.42%).

The U.S. Life Insurance Index (AMBUL) closed at 747.30 (-1.01%). Leading the AMBUL were Independence Holding Co. (+0.84%) and Symetra Life Insurance (+0.42%). Trailing the AMBUL were Presidential Life Corp. (-6.47%) and Torchmark (-3.30%).

The U.S. Life and Health/HMO Insurance Index (AMBULH) closed at 795.22 (-0.98%). Leading the AMBULH were Centene Corp. (+1.22%) and Independence Holding Co. (+0.84%). Trailing the AMBULH were Presidential Life Corp. (-6.47%) and Universal American (-4.95%).

The U.S. Health and HMO Index (AMBUH) closed at 844.51 (-0.95%). Leading the AMBUH were Centene Corp. (+1.22%) and Aflac Inc. (+0.73%). Trailing the AMBUH were Universal American (-4.95%) and Amerigroup (-3.59%).

The U.S. Insurance Brokers Index (AMBUB) closed at 888.40 (-1.34%). Leading the AMBUB were eHealth Inc. (+2.06%) and Life Partners (+0.94%). Trailing the AMBUB were AmTrust Financial Services Inc. (-2.75%) and National Financial Partners (-2.69%).

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