Survey Shows Close Correlation of Insurers' Stocks to S&P 500

The stock performance of major life insurances in 2010 has correlated closely with that of the S&P 500, according to a new survey.

Sterne, Agee & Leach Inc., Birmingham, Ala., published this finding in a summary of results from an October 2010 report on the life insurance industry. The report correlates individual stock performance versus the

S&P 500 in 3 periods: January-April, April-August, and August-Sept.