Multi-line Insurance
Multi-line Insurance is losing market weight. Lost weight for 5 consecutive months.
Most of this industry's losses came from a few companies.
Where did the weight change come from?
12-month contribution in universe percentage points · contributions add to the industry change
The three largest same-direction contributors explain 100% of gross losses. Opposing contributions can make an individual company’s change larger than the industry’s net change.
How has it moved through history?
Share of matched S&P 500 members
Jan 2018 – Feb 2020 · market weight (%)
Relative performance
Industry return versus ACWI · no future data shown
Is participation broad or concentrated?
Actual constituent counts at this date, not the legacy synthetic breadth proxy
This is size concentration, not contribution to the 12-month change. The attribution above measures the latter.
Evidence can disagree
Independent dimensions · no combined score or bullish/bearish verdict
Other evidence and availability
Valuation data: unavailable; shown as zero placeholder.
Attention data: unavailable; shown as zero placeholder.
Actual fund flows: unavailable. No ETF, mutual-fund or institutional flow feed is connected.
Volume / turnover: unavailable in this dataset.
Follow the contribution to individual companies
Sorted by absolute 12-month weight contribution, not investment merit
| Company | Sub-industry | Country | Universe weight | 12M contribution | 12M price return | Revisions |
|---|---|---|---|---|---|---|
| American International Group → AIG | Multi-line Insurance | United States | 0.000% | -0.218 pp | +0.1% | 0.0 |
| Loews Corporation → L | Multi-line Insurance | United States | 0.000% | -0.086 pp | -3.7% | 0.0 |
| Assurant → AIZ | Multi-line Insurance | United States | 0.000% | -0.037 pp | +19.5% | 0.0 |
Underlying monthly industry observations
| Month | Weight | 1M change | 3M change | 6M change | 12M change | Relative return · 12M |
|---|---|---|---|---|---|---|
| Feb 2020 | 0.000% | -0.330 pp | -0.347 pp | -0.366 pp | -0.340 pp | -2.9% |
| Jan 2020 | 0.330% | -0.004 pp | -0.026 pp | -0.053 pp | +0.135 pp | +2.4% |
| Dec 2019 | 0.335% | -0.013 pp | -0.046 pp | -0.040 pp | +0.139 pp | +3.2% |
| Nov 2019 | 0.348% | -0.009 pp | -0.018 pp | -0.038 pp | +0.150 pp | +7.3% |
| Oct 2019 | 0.356% | -0.025 pp | -0.027 pp | +0.006 pp | +0.161 pp | +11.1% |
| Sep 2019 | 0.381% | +0.015 pp | +0.006 pp | +0.046 pp | +0.158 pp | +6.0% |
| Aug 2019 | 0.366% | -0.017 pp | -0.020 pp | +0.026 pp | +0.142 pp | +1.7% |
| Jul 2019 | 0.383% | +0.008 pp | +0.033 pp | +0.188 pp | -0.033 pp | +1.8% |
| Jun 2019 | 0.375% | -0.011 pp | +0.040 pp | +0.179 pp | -0.040 pp | -0.1% |
| May 2019 | 0.386% | +0.035 pp | +0.045 pp | +0.188 pp | -0.026 pp | +2.7% |
| Apr 2019 | 0.350% | +0.016 pp | +0.155 pp | +0.155 pp | -0.093 pp | -14.0% |
| Mar 2019 | 0.334% | -0.006 pp | +0.139 pp | +0.112 pp | -0.097 pp | -15.6% |
| Feb 2019 | 0.340% | +0.145 pp | +0.143 pp | +0.116 pp | -0.094 pp | -14.9% |
| Jan 2019 | 0.195% | -0.000 pp | +0.001 pp | -0.221 pp | -0.260 pp | -17.2% |
| Dec 2018 | 0.196% | -0.002 pp | -0.027 pp | -0.220 pp | -0.259 pp | -17.4% |
| Nov 2018 | 0.197% | +0.002 pp | -0.027 pp | -0.215 pp | -0.258 pp | -17.2% |
| Oct 2018 | 0.195% | -0.028 pp | -0.222 pp | -0.249 pp | -0.260 pp | -19.1% |
| Sep 2018 | 0.223% | -0.002 pp | -0.192 pp | -0.208 pp | -0.232 pp | -8.9% |
| Aug 2018 | 0.225% | -0.192 pp | -0.187 pp | -0.210 pp | -0.230 pp | -9.2% |
| Jul 2018 | 0.417% | +0.001 pp | -0.027 pp | -0.038 pp | -0.038 pp | -5.5% |
| Jun 2018 | 0.415% | +0.003 pp | -0.016 pp | -0.040 pp | -0.040 pp | -6.8% |
| May 2018 | 0.412% | -0.031 pp | -0.022 pp | -0.043 pp | -0.043 pp | -8.5% |
| Apr 2018 | 0.443% | +0.012 pp | -0.012 pp | -0.012 pp | -0.012 pp | -2.7% |
| Mar 2018 | 0.431% | -0.003 pp | -0.024 pp | -0.024 pp | -0.024 pp | -5.6% |
| Feb 2018 | 0.434% | -0.021 pp | -0.021 pp | -0.021 pp | -0.021 pp | -4.5% |
| Jan 2018 | 0.455% | +0.000 pp | +0.000 pp | +0.000 pp | +0.000 pp | +0.0% |
How are these descriptive states defined?
Gaining / losing: 12-month weight change above +0.005pp / below −0.005pp. Direction and speed are separate dimensions, not mutually exclusive recommendations.
Accelerating / slowing: compare the most recent 3M change with the preceding 3M change. Accelerating means a positive change speeds up by >0.02pp. Slowing means the magnitude of movement declines by >0.02pp. A falling industry can also slow.
Reversing: the last two 3M changes have opposite signs, outside a ±0.005pp tolerance. Persistence counts consecutive same-direction monthly changes.
Broad / concentrated: company attribution, not a market-cap concentration shortcut. Concentrated means the three largest same-direction contributors account for ≥70% of gross same-direction changes; otherwise broad requires ≥60% of constituents moving with the industry. Other cases are mixed.
Weights use matched S&P 500 members’ market-cap estimates, based on SEC-reported shares available by each month-end and monthly closing prices. Companies without a matched price or share record are omitted, so the denominator is the matched sample rather than every index member. These are not official float-adjusted S&P weights. Flow is not measured.