Assurant Joins S&P 500

It will replace Realogy next week.
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Assurant (AIZ) - Get Report will replace Realogy (H) - Get Report in the S&P 500 Index after the close of trading on April 9.

Realogy is being taken private in an acquisition by an affiliate of

Apollo Management

, which is expected to close on or about that date, pending final approvals.

Shares of Assurant rose 3.7% in after-hours trading to $55.95; the stock would be expected to rise as index funds mirroring the index's components buy shares.