Property & Casualty Insurance Stocks Face Record Disasters

Swiss Re (SWCEY) reports economic losses from disasters worldwide have soared to a record $350B in 2011 from $226B in 2010. Culprits include the floods in Thailand, earthquakes in New Zealand and Japan and severe storms in the U.S. The insurance industry’s losses were considerably lower at $108B, up from $48B in 2010.

Here’s how property & casualty insurance stocks are trading on the news:

ACE Limited (NYSE:ACE): ACE shares recently traded at $66.89, down $0.37, or 0.55%. They have traded in a 52-week range of $47.59 to $67.82. Volume today was 1,748,836 shares versus a 3-month average volume of 2,199,640 shares. The company’s trailing P/E is 12.42, while trailing earnings are $5.38 per share. Get the most recent company news and stock data here >>

American International Group, Inc. (NYSE:AIG): AIG shares recently traded at $23.21, up $0.43, or 1.89%. They have traded in a 52-week range of $19.18 to $62.87. Volume today was 4,756,673 shares versus a 3-month average volume of 6,829,780 shares. The company’s trailing P/E is 5.27, while trailing earnings are $4.41 per share. Get the most recent company news and stock data here >>

XL Group plc (NYSE:XL): XL shares recently traded at $19.78, up $0.28, or 1.44%. They have traded in a 52-week range of $17.69 to $25.43. Volume today was 2,211,173 shares versus a 3-month average volume of 4,122,200 shares. The company’s trailing P/E is 27.47, while trailing earnings are $0.72 per share. Get the most recent company news and stock data here >>

Allied World Assurance Company Holdings Ltd. (NYSE:AWH): AWH shares recently traded at $58.32, up $1.44, or 2.53%. They have traded in a 52-week range of $49.00 to $65.70. Volume today was 352,361 shares versus a 3-month average volume of 301,216 shares. The company’s trailing P/E is 12.94, while trailing earnings are $4.51 per share. Get the most recent company news and stock data here >>

The Travelers Companies, Inc. (NYSE:TRV): TRV shares recently traded at $56.74, up $0.77, or 1.38%. They have traded in a 52-week range of $45.97 to $64.17. Volume today was 3,951,049 shares versus a 3-month average volume of 4,654,670 shares. The company’s trailing P/E is 14.52, while trailing earnings are $3.91 per share. Get the most recent company news and stock data here >>

The Allstate Corporation (NYSE:ALL): ALL shares recently traded at $26.33, up $0.08, or 0.3%. They have traded in a 52-week range of $22.27 to $34.40. Volume today was 4,140,893 shares versus a 3-month average volume of 5,340,640 shares. The company’s trailing P/E is 38.49, while trailing earnings are $0.68 per share. Get the most recent company news and stock data here >>