All 12 industry groups in the North American insurance composite compiled by Stonybrook Capital and Weild & Co retreated last week following a sharp sell-off on Friday, driven by escalating trade tensions with China.
The North American insurance composite, compiled by investment banks Stonybrook Capital and Weild & Co, rose 0.2% last week, lagging behind Wall Street, which posted its strongest weekly gain in over a month despite a disappointing jobs report.
The latest top 10 reinsurance broker ranking, based on 2024 figures, sees Aon’s Reinsurance Solutions leading Guy Carpenter for another year, with a reshuffling of the bottom of the pack between ninth and tenth place.
Beazley and Axa were the biggest fallers among European carriers during August with shares in the big four reinsurers also closing in the red, while U.S. P&C stocks outperformed Wall Street.
The North American insurance composite, compiled by investment banks Stonybrook Capital and Weild & Co, outpaced the S&P 500 and Nasdaq-100 with a 1.5% rise, while all 12 industry groups advancing in the week.
The North American insurance composite, compiled by investment banks Stonybrook Capital and Weild & Co., is up 2.0% year to date, trailing most broader market indices.
The North American insurance composite, compiled by investment banks Stonybrook Capital and Weild & C., mirrored Wall Street’s downward trend yet underperformed all major indices, as 11 of its 12 groups declined during the week.
The North American insurance index compiled by investment banks Stonybrook Capital and Weild & Co rose just 0.3% last week despite gains across 10 of the 12 groups in the composite.