State Auto Financial Leads Thursday's AMBG as Global Insurance Index Falls 2.63%

The AMBG closed Thursday, July 24, at 1055.44 (-2.63%). Of the 15 A.M. Best stock indexes, one rose and 14 declined. Leading A.M. Best's Global Insurance Composite Index (AMBG) were State Auto Financial (+8.90%) and QBE Insurance Group Ltd. (+5.44%). Trailing the list of global insurance stocks were XL Capital (-15.53%) and Aflac Inc. (-11.99%). The Asia/Pacific 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: Asia/Pacific Insurance Index (AMBAP) +3.32% Global Reinsurance Index (AMBGR) -1.31% Global Non-Life Insurance Index (AMBGNL) -1.39% European Insurance Index (AMBEUR) -1.65% Global Multi-Line Insurance Index (AMBGML) -2.63% Global Composite Index (AMBG) -2.63% U.S. Property/Casualty Insurance Index... [read full story]