Data room: Stock movements
(Re)insurers enjoy QE3 boost to share prices
Click to enlarge
US and Bermudian
(re)insurers climbed strongly last week as the US Federal Reserve
unveiled its latest round of monetary stimulus, dubbed QE3.
The latest round of central bank activism will see the Fed purchase
$40bn of mortgage-backed securities a month. The bank also extended
its pledge to maintain its accommodative policy on interest rates
into 2015 and to continue its Operation Twist programme.
Endurance was the biggest beneficiary of a...
You are currently viewing an incomplete version of this article. If you are a subscriber then please login now. If you are a non-subscriber but would like to be able to view this article, then please select from the purchasing options below.
Purchase
Follow us:
