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Closing Glance: Insurers rise



By AP
08 July 2008 @ 04:30 pm EST

NEW YORK - Shares of insurers mostly rose Tuesday along with the broader market as oil prices fell and Federal Reserve Chairman Ben Bernanke said the central bank might extend its lending efforts to investment banks to help improve liquidity in credit markets.

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Quotes
ABK 1.89 0.19
CINF 22.87 3.53
XL 7.43 2
AGO 12.88 2.63
MBI 7.11 1.23
SCA 0.97 -0.03
MTG 6.19 0.08
RDN 3.15 0.7
PMI 2.33 0.2
TGIC 1.65 0.3
ACE 45.84 5.09
AIG 2.57 0.24
ALL 32.23 5.27
CB 44.6 3.99
CNO 2.5 0.39
HIG 24.63 5.4
SAF 68.21 0.09
TR 26.46 2.29
V 58.87 6.87

SYMBOL LOOKUP

Here's a look at how some insurers fared Tuesday:

Ambac Financial Group Inc. rose 73 cents, or 53 percent, to $2.12.

MGIC Investment Corp. rose $1.70, or 29 percent, to $7.50.

Cincinnati Financial Corp. rose $1, or 4.1 percent, to $25.35.

XL Capital Ltd. rose $2.01, or 11 percent, to $20.43.

Copyright 2008 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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