Hartford Financial (NYSE: HIG) closed at $62.06 Thursday. HIG October option implied volatility of 52 is above its 26-week average of 40 according to Track Data, suggesting larger price movement.

Travelers (NYSE: TRV), a leading property casualty insurer, closed at $44.61 Thursday. TRV October option implied volatility of 37 is above its 26-week average of 32 according to Track Data, indicating larger price movement.

Genworth Financial (NYSE: GNW) closed at $15.02 Thursday. GNW October option implied volatility of 71 is above its 26-week average of 52 according to Track Data, suggesting larger price movement.

XL Capital (NYSE: XL), provider of global reinsurance coverage, closed at $18.63 Thursday. XL October option implied volatility of 78 is above its 26-week average of 73 according to Track Data, suggesting larger movement.

Option Update is provided by Stock Specialist Paul Foster of theflyonthewall.com

Option Update: Insurers' volatilities elevated; HIG, TRV, GNW, XL originally appeared on BloggingStocks on Fri, 12 Sep 2008 08:57:00 EST. Please see our terms for use of feeds.

XL Capital (NYSE: XL), provider of global reinsurance coverage, closed at $67.84.

Bear Stearns says: "XL shares have been weak recently as investors have been concerned with its exposure to SCA. XL has exposure to SCA through two areas: 1) its 46% ownership and 2) five reinsurance contracts."

XL November option implied volatility of 51 is above its 26-week average of 27 according to Track Data, suggesting larger risk.

Security Capital Assurance (NYSE: SCA), a holding company whose subsidiaries provide credit enhancement and protection products, closed at $10.12.

SCA over all option implied volatility is at 163 according to Track Data, suggesting larger risk.

Daily options Update is provided by Stock Specialist Paul Foster of theflyonthewall.com.

Option update: XL Capital volatility elevated on reinsurance exposure originally appeared on BloggingStocks on Fri, 02 Nov 2007 09:10:00 EST. Please see our terms for use of feeds.

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