Observatory · observe first

Follow the allocation change

Matched S&P 500 members → sector → industry → sub-industry → company. Each step uses the same percentage points.

Historical time machine

Historical observation

20182026

Universe›Financials›Property & Casualty Insurance›Property & Casualty Insurance

1 · Sector

Weight and 12M allocation change

Information Technology18.1%+8.41 pp Financials16.5%+6.93 pp Health Care16.8%+6.27 pp Industrials13.7%+6.24 pp Consumer Staples8.8%+3.60 pp Communication Services5.3%+3.22 pp Materials3.2%+1.80 pp Utilities3.7%+1.59 pp Real Estate3.6%+1.58 pp Energy3.4%+1.00 pp Consumer Discretionary7.0%-40.65 pp

2 · Industry

Inside Financials

Diversified Banks6.60%+2.44 pp Transaction & Payment Processing Services2.55%+1.51 pp Financial Exchanges & Data1.06%+0.52 pp Property & Casualty Insurance1.12%+0.47 pp Investment Banking & Brokerage1.16%+0.44 pp Consumer Finance0.85%+0.33 pp Life & Health Insurance0.76%+0.29 pp Asset Management & Custody Banks0.84%+0.28 pp Insurance Brokers0.60%+0.27 pp Regional Banks0.56%+0.19 pp Multi-line Insurance0.35%+0.15 pp Reinsurance0.06%+0.03 pp Multi-Sector Holdings0.00%+0.00 pp

3 · Sub-industry

Inside Property & Casualty Insurance

Property & Casualty Insurance1.12%+0.474 pp

Broad

The gain is shared across much of the industry.

View all contributions →

Property & Casualty Insurance · weight

1.12%

Industry change · 12M

+0.47 pp

Property & Casualty Insurance · contribution

+0.474 pp

Company participation

17%

of industry constituents above their 6M weight average

4 · Companies driving this sub-industry

Nov 2019 · sorted by absolute contribution to 12-month change

Company	Country	Market cap	Universe weight	3M contribution	12M contribution	12M price return	Above 6M weight average
Chubb Limited → CB	United States	$68.7bn	0.346%	-0.041 pp	+0.141 pp	+15.7%	No
Progressive Corporation → PGR	United States	$42.7bn	0.215%	-0.026 pp	+0.087 pp	+14.9%	No
Allstate → ALL	United States	$36.1bn	0.182%	-0.002 pp	+0.080 pp	+27.4%	No
Travelers Companies (The) → TRV	United States	$35.3bn	0.178%	-0.030 pp	+0.063 pp	+7.3%	No
Hartford (The) → HIG	United States	$22.3bn	0.112%	-0.002 pp	+0.060 pp	+43.1%	Yes
Cincinnati Financial → CINF	United States	$17.5bn	0.088%	-0.012 pp	+0.044 pp	+34.1%	No

Company contributions use weights among matched S&P 500 members and add through each level without rescaling. Companies without matched shares and prices are omitted. These observations do not establish official index weights or actual fund flows.