Insurance ETFs Fall as Hurricane Irene Looms | Page 2 of 2 | ETF Trends

“The hurricane is an excuse not to be buying the property and casualty insurers,”  Guy LeBas, chief fixed-income strategist at Janney Montgomery Scott, told Bloomberg. “Fundamentally speaking, these names are prepared for reasonable damages.”

ETFs that invest in the insurance sector include:

  • SPDR KBW Insurance (NYSEArca: KIE)
  • iShares Dow Jones U.S. Insurance (NYSEArca: IAK)
  • PowerShares Dynamic Insurance (NYSEArca: PIC)

SPDR KBW Insurance

Max Chen contributed to this article.