PR Newswire: news distribution, targeting and monitoring
2014

S&P Indices Announces Change to U.S. Index

Share with Twitter Share with LinkedIn

NEW YORK, Feb. 28, 2012 /PRNewswire/ -- Alleghany Corp. (N YSE: Y) will replace Transatlantic Holdings, Inc. (NYSE: TRH) in the S&P MidCap 400 index after the close of trading on Monday, March 5.  Alleghany is acquiring Transatlantic Holdings in a deal expected to be completed before the opening of trading on March 6 pending final approvals.

Alleghany offers specialty insurance and reinsurance. Headquartered in New York, NY, the company will be added to the S&P MidCap 400 GICS Reinsurance Sub-Industry index.

Following is a summary of the change:

S&P MIDCAP 400  INDEX  – March 5, 2012

 

COMPANY

GICS ECONOMIC SECTOR

GICS SUB-INDUSTRY

ADDED

Alleghany

Financials

Reinsurance

DELETED

Transatlantic Holdings

Financials

Reinsurance

About S&P Indices
S&P Indices, a leading brand of the McGraw-Hill Companies (NYSE: MHP), maintains a wide variety of investable and benchmark indices to meet an array of investor needs. Over $1.45 trillion is directly indexed to our indices, which includes the S&P 500, the world's most followed stock market index, the S&P/Case-Shiller Home Price Indices, the leading measure of U.S. home prices, the S&P Global BMI, an index with approximately 11,000 constituents, the S&P GSCI, the industry's most closely watched commodities index, and the S&P National AMT-Free Municipal Bond Index, the premier investable index for U.S. municipal bonds. For more information, please visit: www.standardandpoors.com/indices.

It is not possible to invest directly in an index. S&P Indices does not sponsor, endorse, sell, or promote any S&P index-based investment product. This document does not constitute an offer of services in jurisdictions where S&P Indices or its affiliates do not have the necessary licenses. S&P Indices receives compensation in connection with licensing its indices to third parties.

SOURCE Standard & Poor's



RELATED LINKS
http://www.standardandpoors.com

Featured Video

Journalists and Bloggers

Visit PR Newswire for Journalists for releases, photos, ProfNet experts, and customized feeds just for Media.

View and download archived video content distributed by MultiVu on The Digital Center.

Share with Twitter Share with LinkedIn
 

Custom Packages

Browse our custom packages or build your own to meet your unique communications needs.

Start today.

 

 
 

PR Newswire Membership

Fill out a PR Newswire membership form or contact us at (888) 776-0942.

 
 

Learn about PR Newswire services

Request more information about PR Newswire products and services or call us at (888) 776-0942.

 

Online Member Center

Not a Member?
Click Here to Join
Login
Search News Releases
Advanced Search
Search
  1. PR Newswire Services
  2. Knowledge Center
  3. Browse News Releases
  4. Contact PR Newswire
  5. Send a News Release