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Why These Big Insurance Stocks Rose in October

Why These Big Insurance Stocks Rose in October

Travelers and Chubb saw similar share-price growth of 11.6% and 11.9%, respectively, while AIG shares soared 14.4% during a month when the overall S&P 500 declined by 2.8%. All three companies notched big gains on Oct. 20, when Travelers -- a Dow Jones Industrial Average component -- became the first major insurance company to report Q3 2020 earnings.