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Friday, 21 November 2008
Bangalore Brand
Falls in equities leave insurers at riskRead Full Article
The Guardian
Insurance firms were the latest to feel the force of investors' fear yesterday. After banks went to shareholders and the government for cash to rebuild their balance sheets, there was concern that insurers might follow suit. Traders said recent market falls would hit firms' equity holdings, and there were growing concerns about capital requirements. So Prudential fell 48p to 246p; Aviva declined 59p to 292.75p, and Legal & General -...
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Business   Market   Photos   Stock Exchange   UK
A logo is seen outside the London Stock Exchange in the City of London, Thursday Feb. 8, 2007. The battle between the London Stock Exchange PLC and the Nasdaq Stock Market Inc. to win over shareholders _ and control _ of the British bourse reaches a clim
photo: (AP Photo/Matt Dunham)