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Don't Gamble in Financial Sector ETFs
David Trainer • Wed, Aug 17, 2011

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On Captive Insurers
David Merkel • Thu, Jun 13 • 1 Comment
How To Find The Best Sector ETFs
David Trainer • Fri, May 31 • 7 Comments
Big Week Looming For Healthcare, Insurance ETFs
Benzinga • Tue, Feb 5
Investing In P&C Insurers
David Merkel • Thu, Dec 6, 2012
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
Best And Worst Funds: Financials Sector
David Trainer • Wed, Feb 8, 2012 • 2 Comments
Sector Roadmap For Best And Worst Stocks And Funds
David Trainer • Tue, Jan 31, 2012 • 8 Comments
David Merkel Positions For 2012: Overweight Insurers, Information Technology, Energy
David Merkel • Fri, Jan 6, 2012 • 3 Comments
Sleight Of Hand At Its Worst In Financial Sector
David Trainer • Wed, Oct 19, 2011 • 18 Comments
New ETF Update: Pipeline Continues to Fill
Michael Johnston • Tue, Aug 16, 2011
ETF Deathwatch: Count Increases to 155
Ron Rowland • Mon, Jul 11, 2011
3 ETFs to Watch During Hurricane Season
Eric Dutram • Thu, Jun 2, 2011
ETF Stats for December 2010: 1,099 and $1 Trillion
Ron Rowland • Fri, Jan 7, 2011
December ETF Roundup: Launches and Filings
Michael Johnston • Mon, Jan 3, 2011
Tuesday's Key ETF Movers
Tom Lydon • Tue, Dec 28, 2010 • 4 Comments
PowerShares Introduces Four KBW Financial ETFs
Ron Rowland • Mon, Dec 6, 2010
Recapping a Wild Week of Launches in the ETF World
Michael Johnston • Mon, Dec 6, 2010
PowerShares Unleashes Four Financial Sector ETFs
Tom Lydon • Fri, Dec 3, 2010
PowerShares Launches Four Financial ETFs
Michael Johnston • Thu, Dec 2, 2010

There are no Transcripts on KBWP.

Conrad de Aenlle's Funds For Thought: Sandy may be windfall for insurance ETFs

at MarketWatch.com (Nov 1, 2012)
Chuck Jaffe: Time to buy into bank stocks? Not necessarily

at MarketWatch.com (Oct 30, 2011)

KBWP vs. ETF Alternatives

KBWP Description

The PowerShares KBW Property & Casualty Insurance Portfolio (Fund) is based on the KBW Property & Casualty Index (Index). The Fund will normally invest at least 90% of its total assets in securities that comprise the Index. The Index is a modified market capitalization weighted index that seeks to reflect the performance of approximately 24 property and casualty insurance companies.
See more details on sponsor's website

Sector: Financial

Country: United States

Key Info

In Your Portfolio: A Guide to Sector ETFs, Financial Sector ETFs
Asset Class Performance: Sectors

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

Friday, June 7, 11:37 AM Among the strongest performers in a strong market are insurers - particularly life insurers - on hope of a sustained rise in interest rates allowing better income on their investments (current holdings tend to be hedged meaning no losses). MetLife (MET +2%), Prudential (PRU +3%), Hartford (HIG +2.3%), Genworth (GNW +3.3%), Manulife (MFC +1.9%), Lincoln National (LNC +2.8%) Sun Life (SLF +1.4%), ING US (VOYA +2.8%). Insurer ETFs: KIE, though it is more exposed to P&C, IAK, KBWI, KBWP, though totally P&C focused. 1 Comment [Financials, 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]
Tuesday, March 6, 2012, 6:30 AM Insurers can expect a claims bill of $1B-$2B from the wave of 150 tornadoes that swept fives states in the south and Midwest last week, risk-modeling firm Eqecat said yesterday. Comment! [Financials]
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]
Thursday, December 15, 2011, 5:52 AM Worldwide economic losses from disasters climbs to a record $350B in 2011 from $226B in 2010, due to the earthquakes in New Zealand and Japan, the floods in Thailand, and severe storms in the U.S., Swiss Re (SWCEY.PK) says. The insurance industry's losses were far lower at $108B, up from $48B in 2010. Comment! [Global & FX, Financials]
Tuesday, October 11, 2011, 3:08 AM The Financial Stability Oversight Council is due to release today proposals on how it will determine which non-bank financial firms are big enough to be labeled "systemic." It's a tag companies are anxious to avoid, as it will mean increased Fed oversight, as well as new capital and liquidity rules. Comment! [Financials]
Tuesday, August 23, 2011, 4:38 PM As Hurricane Irene makes its way towards the East Coast, insurance and reinsurance companies are on edge. Macquarie's Amit Kumar thinks any losses north of $20B would "mark the tipping point" for the property catastrophe reinsurance market, producing a major overhaul of how the industry operates. 3 Comments [Financials]
Tuesday, July 5, 2011, 8:37 AM Stress testing shows that around 10% of European insurers would fail to meet future minimum capital requirements in an adverse economic scenario, leaving the sector as a whole €4.4B ($6.37B) short. Overall, though, the sector is well capitalized and prepared for shocks. 1 Comment [Financials]

KBWP PowerShares KBW Property & Casualty Insurance Portfolio ETF

KBWP

PowerShares KBW Property & Casualty Insurance Portfolio ETF