ACORD releases International Insurance coverage Inventory Index for Q1

ACORD has launched its International Insurance coverage Inventory Index for the primary quarter of 2024 with optimistic outcomes.

An extension of ACORD’s International Worth Creation methodologies and corresponding research, the quarterly index tracks the efficiency of greater than 200 of the biggest publicly traded life and non-life insurance coverage carriers.

“The ACORD International Insurance coverage Inventory Index returned 32.4% within the first quarter 2024, amid a powerful world fairness market which ended the quarter up 21.0%,” ACORD reported. “Constructive returns outnumbered damaging 5:1.

“Indicators of a sturdy financial system, mixed with expectations for a ‘gentle touchdown’, underpinned the perfect quarter in a number of years for quite a few market indices. Regardless of the optimistic outcomes, headwinds stay as geopolitical tensions rise and inflation stays a difficulty.”

Under are a few of the figures from the newest ACORD International Insurance coverage Inventory Index.

In the meantime, in accordance with ACORD’s year-on-year complete return league tables, the highest insurers by sector are MS&AD Insurance coverage Group Holdings for multi-line, Corebridge Monetary for life-health, Tokio Marine Holdings for property & casualty, and Reinsurance Group of America for reinsurance.  

ACORD famous: “The ACORD International Insurance coverage Inventory Index is comprised of publicly traded life, non-life, and reinsurance carriers with market capitalization exceeding $250 million.

“This replace analyses the quarterly and annual change in share costs, adjusted for dividends and splits. Composite returns are calculated utilizing the market capitalization weighted common of particular person firm returns primarily based on native currencies.”

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