August sees double-digit movements

There were significant shifts in some (re)insurers' share
prices in the first week of August, as the second wave of Q2
results saw investors rally behind outperformers and punish those
who missed consensus forecasts.
UK personal lines carrier Direct
Line was the week's biggest winner with its shares up
by 12.7 percent to 394.5 pence ($4.55) per share on Friday (5
August).
The positive reaction came after the carrier reported first half
profits of £323.6mn, which was 3.6 percent below...