The insurance industry closed the day up 3.9%. MGIC Investment Corporation ( MTG), Crawford & Company ( CRD.B), Kingsway Financial Services Inc ( KFS), and Radian Group Inc ( RDN) were all winners today within the insurance industry with Berkshire Hathaway Inc ( BRK.B) being today's featured insurance winner. Berkshire Hathaway Inc rose $2.41 (3.4%) to $74.11 on average volume. Throughout the day, 6.5 million shares of Berkshire Hathaway Inc exchanged hands as compared to its average daily volume of eight million shares.

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 $78.1 billion and is part of the financial sector. The company has a P/E ratio of 16.7, above the average insurance industry P/E ratio of 14 and below the S&P 500 P/E ratio of 17.7. Shares are down 8.1% year to date as of the close of trading on Friday.

TheStreet Ratings rates Berkshire Hathaway as a hold. The company's strengths can be seen in multiple areas, such as its robust revenue growth, increase in net income and attractive valuation levels. However, as a counter to these strengths, we also find weaknesses including a generally disappointing performance in the stock itself, disappointing return on equity and poor profit margins.

On the negative front, Baldwin & Lyons Inc ( BWINA) and Affirmative Insurance Holdings Inc ( AFFM) were all losers within the insurance industry with National Western Life Insurance ( NWLI) being today's insurance industry Loser Spotlight stock.

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).
null