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KBW announces changes to Property & Casualty Insurance Index (KPXSM)

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Keefe, Bruyette & Woods (KBW has announced a change to the constituents of the Property & Casualty Insurance Index (KPXSM, ETF Ticker: KBWPSM).

TransAtlantic Holdings, Inc. (NYSE: TRH) has been removed following its acquisition by Alleghany Corporation (NYSE: Y) and is being replaced by Alterra Capital Holdings Limited (Nasdaq: ALTE) as of 6 March 2012.

The KBW indices have ten tradable exchange-traded funds licensed: KBW Bank Index (Index Ticker: BKXSM, ETF Ticker: KBWBSM); KBW Capital Markets Index (Index Ticker: KSXSM, ETF Ticker: KBWCSM); KBW Insurance Index (Index Ticker: KIXSM, ETF Ticker: KBWISM); KBW Regional Banking Index (Index Ticker: KRXSM, ETF Ticker: KBWRSM, KRSSM, KRUSM); KBW Financial Sector Dividend Yield Index (Index Ticker: KDXSM, ETF Ticker: KBWDSM); KBW Premium Yield Equity REIT Index (Index Ticker: KYXSM, ETF Ticker: KBWYSM); KBW Property and Casualty Insurance Index (Index Ticker: KPXSM, ETF Ticker: KBWPSM); and KBW Global (Ex. U.S.) Financial Sector Index (Index Ticker: KGXSM, ETF Ticker: KBWXSM).

Keefe, Bruyette & Woods (KBW), a full-service investment bank that specialises in the financial services sector, has announced changes to the Property & Casualty Insurance Index KPXSM, ETF Ticker: KBWPSM).

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