Jeremy Warner's Outlook: Prudential to rebuff fears over solvency ratios
Insurance stocks have taken a terrible battering over the last week – only partially reversed in a rebound yesterday – on suggestions from Goldman Sachs that some of them might be about to run into the same solvency problems as banks, prompting rights issues and slashed dividends. Mark Tucker, chief exec-utive of Prudential, plans a detailed rejection of this glum analysis in a conference call this morning to announce new business figures....
10/20/2008 11:00:01 PM
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