Insight and Intelligence on the London & International Insurance Markets

4 February 2012

European insurers bounce back following mammoth EU bail-out

10 May 2010

European insurance stocks raced ahead today (10 May) as sovereign debt default fears subsided following the mammoth EUR750bn package to underpin the Euro.

Leading the charge were three of the international P&C (re)insurers that investors have been most concerned about: Axa, Generali and Mapfre.

At time of going to press, Axa's shares on the Paris Bourse were up 22 percent, at EUR14.43 after opening at EUR13.90, while Generali was up 11 percent at EUR15.43 and Mapfre was up 16.7 percent...

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