25-04-2016 20:53 via insuranceinsider.com

Q1 results season takes first victim

The first quarter results season inflicted its first
hit last week, as Travelers saw its share price
decrease by 4.6 percent to $110.84 after reporting earnings that
fell short of market expectations.Nevertheless, Novae was last week's biggest
faller, closing at 816 pence - a 6.4 percent weekly drop. The
carrier's stock fell 5.8 percent to 799 pence in a single day
after it went ex-dividend on Wednesday (20 April).Floridian insurance group HCI was the second
biggest faller, closing...
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