KBW Announces Change to KBW Property & Casualty Index (KPXSM) Business Wire NEW YORK -- November 29, 2012 Keefe, Bruyette & Woods, Inc., a full-service investment bank that specializes in the financial services sector, and a wholly owned subsidiary of KBW, Inc. (NYSE: KBW), announces the following change: Effective prior to the opening of business on Tuesday, December 4, 2012, Validus Holdings Ltd. (NYSE: VR), a member of the KBW Property & Casualty Index (KPX^SM), will undergo an increase in shares due to the completion of its previously announced acquisition of Flagstone Reinsurance Holdings, SA (NYSE: FSR). The KBW indices have ten tradable exchange-traded funds licensed: KBW Bank Index (Index Ticker: BKX^SM, ETF Ticker: KBWB^SM); KBW Capital Markets Index (Index Ticker: KSX^SM, ETF Ticker: KBWC^SM); KBW Insurance Index (Index Ticker: KIX^SM, ETF Ticker: KBWI^SM); KBW Regional Banking Index (Index Ticker: KRX^SM, ETF Ticker: KBWR^SM, KRS^SM, KRU^SM); KBW Financial Sector Dividend Yield Index (Index Ticker: KDX^SM, ETF Ticker: KBWD^SM); KBW Premium Yield Equity REIT Index (Index Ticker: KYX^SM, ETF Ticker: KBWY^SM); KBW Property and Casualty Insurance Index (Index Ticker: KPX^SM, ETF Ticker: KBWP^SM); and KBW Global (Ex. U.S.) Financial Sector Index (Index Ticker: KGX^SM, ETF Ticker: KBWX^SM). About KBW KBW, Inc. operates in the U.S., Europe, and Asia through its broker dealer subsidiaries, Keefe, Bruyette & Woods, Inc., Keefe, Bruyette & Woods Limited, and Keefe, Bruyette & Woods Asia Limited. Celebrating its 50th anniversary, KBW has established itself as a leading independent authority in the banking, insurance, brokerage, asset management, mortgage banking, real estate, and specialty finance sectors. Founded in 1962, the firm maintains industry-leading positions in the areas of research, corporate finance, mergers and acquisitions as well as sales and trading in equities and debt securities of financial services companies. Contact: Press: Intermarket Communications Mike Gelormino, 212-909-4780
KBW Announces Change to KBW Property & Casualty Index (KPXSM)
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