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Frankenstorm 'The Not-So-Black Swan': Climate As The New Risk Variable
AllAboutAlpha • Wed, Nov 14, 2012 • 105 Comments
'Frankenstorm' May Create Headwinds For Insurance ETFs
Tom Lydon • Mon, Oct 29, 2012
David Merkel Positions For 2012: Overweight Insurers, Information Technology, Energy
David Merkel • Fri, Jan 6, 2012 • 3 Comments
Top 10 Noteworthy ETF Trends Of 2011
Michael Johnston • Tue, Dec 27, 2011
November ETF Roundup: Launches, Filings, And Closures
Michael Johnston • Tue, Dec 6, 2011
PowerShares Fills The Void For KBW Indexed ETFs
Ron Rowland • Tue, Nov 22, 2011
PowerShares Rolls Out 4 KBW Niche Financial ETFs Forcing SSgA To Find New Indexes
Michael Johnston • Wed, Nov 2, 2011

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There are no Focus articles on KBWI.

Frankenstorm 'The Not-So-Black Swan': Climate As The New Risk Variable
AllAboutAlpha • Wed, Nov 14, 2012 • 105 Comments
'Frankenstorm' May Create Headwinds For Insurance ETFs
Tom Lydon • Mon, Oct 29, 2012
David Merkel Positions For 2012: Overweight Insurers, Information Technology, Energy
David Merkel • Fri, Jan 6, 2012 • 3 Comments
Top 10 Noteworthy ETF Trends Of 2011
Michael Johnston • Tue, Dec 27, 2011
November ETF Roundup: Launches, Filings, And Closures
Michael Johnston • Tue, Dec 6, 2011
PowerShares Fills The Void For KBW Indexed ETFs
Ron Rowland • Tue, Nov 22, 2011
PowerShares Rolls Out 4 KBW Niche Financial ETFs Forcing SSgA To Find New Indexes
Michael Johnston • Wed, Nov 2, 2011

There are no Transcripts on KBWI.

There are no News articles on KBWI.

KBWI vs. ETF Alternatives

KBWI Description

The PowerShares KBW Insurance Portfolio (KBWI) is based on the KBW Insurance Index. The Fund will normally invest at least 90% of its total assets in securities that comprise the Underlying Index. The Index is a float adjusted modified-market capitalization-weighted index that seeks to reflect the performance of companies in the insurance industry that are publicly traded in the U.S. The Underlying Index is compiled, maintained and calculated by KBW and is composed of 24 companies representing approximately three-quarters of the market capitalization of the entire U.S. public insurance company universe.
See more details on sponsor's website

Sector: Financial

Country: United States

Key Info

In Your Portfolio: Financial Sector ETFs
Asset Class Performance: Sectors

All
| Earnings
| Dividends
| M&A
| On the move

Tuesday, February 26, 3:57 PM PowerShares has shuttered 13 ETFs, representing less than 1% of the issuer's AUM, as of today's close. Affected funds follow (with competing funds in parentheses): PIC (KIE, IAK, KBWP, KBWI), PYH, PJB (IAT, KBE, KRE, RKH, QABA, KRU, KRS, KBWR), PSTL (SLX), PLK, PWND (FAN), PMA, PKOL (KOL), PKN (NLR, NUCL, URA), PTO, PAO, PCA and CVRT. (pdf) Comment!
Monday, December 17, 2012, 5:20 AM Insurers reportedly warn global regulators that plans to designate some of them as "too big to fail" are incoherent, impractical and simplistic. Firms are particularly concerned about areas of their business deemed "non-insurance," "non-traditional," and "semi-traditional", which they may even be forced to sell. These include variable annuities and third-party asset management, both of which are important profit generators. Comment! [Financials]
Monday, December 3, 2012, 5:31 AM The National Association of Insurance Commissioners has voted in favor of new regulations for how life insurers fix reserves for future claims in a decision that could free up billions of dollars for acquisitions, dividend increases and buybacks. However, critics, who include New York's Benjamin Lawsky, fear that insurers will become under-reserved and vulnerable to economic downturns. 8 Comments [Financials]
Thursday, November 1, 2012, 10:26 AM Hurricane Sandy caused as much as $20B in insured losses and $50B in economic losses, says disaster-modeling firm Eqecat, more than doubling the estimate the company made 2 days ago. 5 Comments [Financials, U.S. Economy]
Tuesday, October 30, 2012, 3:42 AM Hurricane Sandy is still wreaking havoc over the Eastern Seaboard, but that's not stopped insurance experts from estimating how much it will cost. AIG (AIG) CEO Robert Benmosche says, "It will be Irene, plus or minus something," for his company, so a few hundred million. Disaster-research firm Kinetic Analysis and Eqecat estimate total economic damage of around $20B, including $5B-$10B of insured losses. 3 Comments [U.S. Economy, Top Stories]
Monday, October 29, 2012, 3:08 AM With Hurricane Sandy making its way to the Eastern Seaboard, insurers such as Allstate (ALL) are preparing to send their rapid-response teams of claims specialists to assess the damage once the storm passes. The cost to insurers is likely to be less than it would have been in the past, as they've been raising home-insurance rates, tightening underwriting standards, and scaling back sales of policies in hurricane-prone areas. 2 Comments [U.S. Economy, Top Stories]
Sunday, October 28, 2012, 2:38 AM Hurricane Sandy is projected to make landfall by Tuesday morning, after which it could combine with two winter weather systems and create a super "Frankenstorm." Experts warn that the damage could be greater than the $15B worth caused by Hurricane Irene last year. Hardware stores such as Home Depot (HD) are doing a brisk trade as people stock up on essentials, but oil refineries and insurers will probably get hit hard. 3 Comments [U.S. Economy, Top Stories, Energy]
Monday, August 27, 2012, 6:22 AM State regulators are looking at changes that would force insurers such as AIG (AIG) and MetLife (MET) to increase by billions of dollars the amount that they would have to hold against the riskier mortgage bonds they've been acquiring lately. The National Association of Insurance Commissioners could implement the changes later this year in a move that could cool interest in the once-toxic assets. Comment! [Financials]
Monday, August 27, 2012, 5:48 AM The drought will probably cause insurers their biggest agricultural loss ever, with gross indemnities of $30B and an underwriting loss of $18B. However, the government will pay for $14B through reinsurance programs and private firms $4B-$5B. Companies with exposure include QBE (QBEIF.PK), American Financial (AFG) and Wells Fargo's (WFC) Rural Community. 2 Comments [Financials, Commodities]
Monday, January 23, 2012, 3:06 AM France and Germany will reportedly call today for a relaxation of global bank capital rules to ensure lending isn't choked off. The countries will urge special treatment for banks that own insurance companies, and call for a three-year delay to the mandatory deadline to disclose leverage ratios. 6 Comments [Global & FX, Financials]

KBWI PowerShares KBW Insurance Portfolio ETF

KBWI

PowerShares KBW Insurance Portfolio ETF