CRM Holdings Leads Tuesday’s AMBG as Global Insurance Index Declines 0.21%

The AMBG closed Tuesday, March 30 at 858.56 (-0.21%). Of the 15 A.M. Best stock indexes, three rose and 12 declined. Leading A.M. Best's Global Insurance Composite Index (AMBG) were CRM Holdings (+7.62%) and Fuji Fire & Marine Insurance (+4.35%). Trailing the list of global insurance stocks were Kingsway Financial Services (-4.22%) and eHealth Inc. (-3.79%).

The U.S. Health and HMO Insurance Index led the sector indexes, with the U.S. Multi-Line 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) +0.59%

U.S. Life and Health/HMO Insurance Index (AMBULH) +0.12%

Global Life Insurance Index (AMBGL) +0.10%

U.S. Insurance Index (AMBUS) -0.17%

Global Composite Index (AMBG) -0.21%

European Insurance Index (AMBEUR) -0.24%

U.S. Life Insurance Index (AMBUL) -0.31%

Global Insurance Brokers Index (AMBGB) -0.32%

U.S. Property/Casualty Insurance Index (AMBUPC) -0.37%

Asia/Pacific Insurance Index (AMBAP) -0.38%

Global Non-Life Insurance Index (AMBGNL) -0.38%

Global Reinsurance Index (AMBGR) -0.39%

Global Multi-Line Insurance Index (AMBGML) -0.40%

U.S. Insurance Brokers Index (AMBUB) -0.40%

U.S. Multi-Line Insurance Index (AMBUML) -0.49%

The U.S. Insurance Index (AMBUS) closed at 840.34 (-0.17%). Leading the AMBUS were CRM Holdings (+7.62%) and First Acceptance Corp. (+4.31%). Trailing the AMBUS were Life Quotes Inc. (-2.81%) and Hallmark Financial Services (-2.70%).

The European Insurance Index (AMBEUR) closed at 844.63 (-0.24%). Leading the AMBEUR were Hansard Global (+2.59%) and Legal & General Group (+1.09%). Trailing the AMBEUR were Mapfre S.A. (-1.98%) and Euler Hermes (-1.56%).

The Asia/Pacific Insurance Index (AMBAP) closed at 1158.05 (-0.38%). Leading the AMBAP were Fuji Fire & Marine Insurance (+4.35%) and China Taiping Insurance Holdings Co. Ltd. (+1.40%). Trailing the AMBAP were Hyundai Marine & Fire Insurance Co. Ltd. (-2.40%) and Korean Reinsurance Co. (-2.38%).

The Global Reinsurance Index (AMBGR) closed at 1021.25 (-0.39%). Leading the AMBGR were China Taiping Insurance Holdings Co. Ltd. (+1.40%) and National Reinsurance Co. (+1.35%). Trailing the AMBGR were Korean Reinsurance Co. (-2.38%) and Mapfre S.A. (-1.98%).

The Global Broker Index (AMBGB) closed at 1063.50 (-0.32%). Leading the AMBGB were InsWeb (+2.94%) and Hansard Global (+2.59%). Trailing the AMBGB were eHealth Inc. (-3.79%) and Life Quotes Inc. (-2.81%).

The Global Multi-Line Insurance Index (AMBGML) closed at 611.72 (-0.40%). Leading the AMBGML were First Acceptance Corp. (+4.31%) and Atlantic American Corp. (+2.17%). Trailing the AMBGML were Horace Mann Educators (-1.32%) and Generali Deutschland Holding (-0.77%).

The Global Nonlife Insurance Index (AMBGNL) closed at 1135.24 (-0.38%). Leading the AMBGNL were CRM Holdings (+7.62%) and Fuji Fire & Marine Insurance (+4.35%). Trailing the AMBGNL were Kingsway Financial Services (-4.22%) and Hallmark Financial Services (-2.70%).

The Global Life Insurance Index (AMBGL) closed at 832.11 (+0.10%). Leading the AMBGL were HealthSpring (+4.03%) and United American Healthcare (+2.75%). Trailing the AMBGL were Conseco (-2.50%) and Independence Holding Co. (-2.25%).

The U.S. Property/Casualty Index (AMBUPC) closed at 1182.66 (-0.37%). Leading the AMBUPC were CRM Holdings (+7.62%) and First Acceptance Corp. (+4.31%). Trailing the AMBUPC were Hallmark Financial Services (-2.70%) and Travelers Cos. (-1.52%).

The U.S. Multi-Line Insurance Index (AMBUML) closed at 208.14 (-0.49%). Leading the AMBUML were Atlantic American Corp. (+2.17%) and Delphi Financial Group (+0.08%). Trailing the AMBUML were Horace Mann Educators (-1.32%) and American International Group (-0.75%).

The U.S. Life Insurance Index (AMBUL) closed at 902.65 (-0.31%). Leading the AMBUL were Ameriprise Financial (+1.73%) and FBL Financial Group (+1.70%). Trailing the AMBUL were Conseco (-2.50%) and Independence Holding Co. (-2.25%).

The U.S. Life and Health/HMO Insurance Index (AMBULH) closed at 963.73 (+0.12%). Leading the AMBULH were HealthSpring (+4.03%) and United American Healthcare (+2.75%). Trailing the AMBULH were Conseco (-2.50%) and Independence Holding Co. (-2.25%).

The U.S. Health and HMO Index (AMBUH) closed at 1027.13 (+0.59%). Leading the AMBUH were HealthSpring (+4.03%) and United American Healthcare (+2.75%). Trailing the AMBUH were Unum Group (-0.56%) and Centene Corp. (-0.29%).

The U.S. Insurance Brokers Index (AMBUB) closed at 971.95 (-0.40%). Leading the AMBUB were InsWeb (+2.94%) and Brown & Brown (+0.84%). Trailing the AMBUB were eHealth Inc. (-3.79%) and Life Quotes Inc. (-2.81%).

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

The A.M. Best stock indexes cover 200 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.