Berkshire Hathaway Inc

(

BRK.A

) pushed the Insurance industry lower today making it today's featured Insurance loser. The industry as a whole closed the day down 0.7%. By the end of trading, Berkshire Hathaway Inc fell $805 (-0.7%) to $113000 on light volume. Throughout the day, 307 shares of Berkshire Hathaway Inc exchanged hands as compared to its average daily volume of 700 shares. The stock ranged in price between $113000-$114033.99 after having opened the day at $113778 as compared to the previous trading day's close of $113805. Other company's within the Insurance industry that declined today were:

Radian Group Inc

(

RDN

), down 14.6%,

Affirmative Insurance Holdings Inc

(

AFFM

), down 6.9%,

MGIC Investment Corporation

(

MTG

), down 6.6%, and

National Financial Partners Corporation

(

NFP

), down 4.9%.

Berkshire Hathaway, Inc. is a publicly owned investment manager. Through its subsidiaries, the firm primarily engages in the insurance and reinsurance of property and casualty risks business. Berkshire Hathaway was founded in 1889 and is based in Omaha, Nebraska. Berkshire Hathaway Inc has a market cap of $104.54 billion and is part of the

financial

sector. The company has a P/E ratio of 3273.5, above the S&P 500 P/E ratio of 17.7. Shares are down 5.5% year to date as of the close of trading on Monday.

TheStreet Ratings rates Berkshire Hathaway as a

hold

. Among the primary strengths of the company is its solid financial position based on a variety of debt and liquidity measures that we have evaluated. At the same time, however, we also find weaknesses including a generally disappointing performance in the stock itself, premium valuation and poor profit margins.

On the positive front,

MBIA Inc

(

MBI

), up 5%,

Prudential PLC ADR

(

PUK

), up 2.1%,

Unico American Corporation

(

UNAM

), up 2%, and

Symetra Financial Corporation

(

SYA

), up 2%, were all gainers within the insurance industry with

American International Group Inc

(

AIG

) being today's featured insurance industry winner.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the insurance industry could consider

KBW Insurance ETF

(

KIE

) while those bearish on the insurance industry could consider

Proshares Short Financials

(

SEF

).

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