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Atlantic American Corp. Leads Friday's AMBG as Global Insurance Index Declines ... Insurance News Net (press release)

The AMBG closed Friday, May 7, at 757.49 (-2.21%). All 15 A.M. Best stock indexes declined. Leading A.M. Best's Global Insurance Composite Index (AMBG) were Atlantic American Corp. (+13.58%) and Continental Reinsurance (+6.16%). Trailing the list of global insurance stocks were CNinsure Inc. (-10.40%) and Phoenix Cos. (-7.75%).

The U.S. Property/Casualty Insurance Index led the sector indexes, with the European Insurance Index trailing the list. In descending order, the A.M. Best Insurance Stock Indexes closed at:

U.S. Property/Casualty Insurance Index (AMBUPC) -0.56%

U.S. Multi-Line Insurance Index (AMBUML) -0.90%

U.S. Insurance Brokers Index (AMBUB) -1.01%

Global Non-Life Insurance Index (AMBGNL) -1.04%

U.S. Insurance Index (AMBUS) -1.26%

Global Insurance Brokers Index (AMBGB) -1.35%

Global Reinsurance Index (AMBGR) -1.86%

Asia/Pacific Insurance Index (AMBAP) -1.97%

U.S. Health and HMO Insurance Index (AMBUH) -2.07%

U.S. Life and Health/HMO Insurance

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Ing Life Insurance - News


S&P Cuts Ratings On ING's US Life-Insurance Units Wall Street Journal
S&P Cuts Ratings On ING's US Life-Insurance UnitsWall Street JournalStandard & Poor's Ratings Services lowered its credit ratings on the six US life-insurance units of ING Groep NV (ING), citing their importance to the S&P Cuts Ratings On ING's Life Insurance Operationsall 4 news articles »

Blackstone-led group launching insurance agency Reuters
Blackstone-led group launching insurance agency Reuters Real Estate ChannelBlackstone-led group launching insurance agencyReutersIt is close to signing a marketing agreement with ING Groep NV (ING.AS) to offer ING's term life and universal life products, and is in discussions with a Blackstone, Goldman Sachs Back New Insurance AgencyNew insurance company to target small-business, middle-income marketBlackstone Led Investor Group Announces Launch of Insphere all 28 news articles »

AIG Taiwanese Unit Said to Draw Buyout Firms Interest Bloomberg
AIG Taiwanese Unit Said to Draw Buyout Firms InterestBloombergING Groep NV, the biggest Dutch financial-services company, sold its life insurance business in Taiwan in October to Fubon Financial Holding Co. for $600 Carlyle, KKR, JC Flowers and others eye Nan Shan Lifeall 24 news articles »

PRESS RELEASE: ING To Strengthen Dutch Insurance Organisation CNNMoney.com
PRESS RELEASE: ING To Strengthen Dutch Insurance OrganisationCNNMoney.comVermeulen@ing.com Investorrelations@ing.com ING Profile ING is a global financial institution of Dutch origin offering banking, investments, life insurance ING To Cut 800 Jobs In Cost Saving Planall 32 news articles »

Funeral planning assistance is a new perk at workplaces Dallas Morning News
Funeral planning assistance is a new perk at workplacesDallas Morning NewsInsurers such as The Hartford and ING have begun to offer the end-of-life services to employers as part of their group life insurance coverage. and more »