Insurance stocks drop as financial sector reels from SVB collapse

13 March 2023

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Some of the world’s largest insurers have seen their share prices tumble – by more than 5% in some cases – as investors react to the collapse of Silicon Valley Bank (SVB).

US regulators shut down SVB on Friday, and authorities put its UK subsidiary into insolvency Sunday night. The UK subsidiary has now been sold to HSBC.

The

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Insurance stocks drop as financial sector reels from SVB collapse

Some of the world’s largest insurers have seen their share prices tumble – by more than 5% in some cases – as investors react to the collapse of Silicon Valley Bank (SVB).

Fuel a smarter strategy with our actionable market intelligence

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Insurance stocks drop as financial sector reels from SVB collapse

Some of the world’s largest insurers have seen their share prices tumble – by more than 5% in some cases – as investors react to the collapse of Silicon Valley Bank (SVB).

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Fuel a smarter strategy with our actionable market intelligence

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Everest Q1 CoR up 14 points to 102.7% as reinsurance unit hit by wildfires

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Voss among multiple European TL resignations from Dual

PartnerRe non-life segment swings to Q4 profit

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