Wellington shares fall following shock Katrina loss update; burns through reinsurance cover
  • X
  • LinkedIn
  • Email
  • Show more sharing options
  • Print
  • X
  • LinkedIn
  • Email
  • Free Trial
  • Log in

Wellington shares fall following shock Katrina loss update; burns through reinsurance cover

28 November 2005
  • X
  • LinkedIn
  • Email
  • Show more sharing options
  • Print
  • X
  • LinkedIn
  • Email

Shares in Lloyd's insurer Wellington Underwriting plc fell almost 15 percent last week to close at 91.75p after the company amazed investors by increasing its Katrina loss estimates by a further $100mn to $320mn.

Subscribers, log in here:

Fuel a smarter strategy with our actionable market intelligence

      • Gain a competitive edge and accelerate decision-making
      • Be empowered by insights that transform confusion to clarity
      • Uncover growth opportunities and prepare for potential threats
      • Fuel a smarter strategy for business growth
Request a free trial Already a subscriber? Log in now

Topics

News November 2005/5
Gift this article