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Decrease in foreign insurers’ stock quotes

February 8th, 2008

Shares of British insurance company Prudential have fallen in price on 3 % in spite of the fact that financial parameters, reached by the company in the first half-year, corresponded to analysts’ forecasts. According to the data, published by the company, in the first half-year 2006 the net profit of the insurer has grown on 50 % – up to 449 million pounds sterling (834 million dollars) in comparison with 300 million pounds sterling (557 million dollars), received for first six months 2005.
The share tenders in the USA have come to the end with downturn of leading indexes on the background of corporate news concerning financial reports of insurance company Aetna Inc., chemical concern Dow Chemical Co. and data about a delay of release on the market of new operational system Windows Vista from company Microsoft Corp.
Stock quotes of the third on size of American insurance company Aetna Inc. have decreased on 17 % after data about decrease in net profit on 1 % in II quarter 2006 – up to 389,5 million dollars on the background of costs’ growth, connected with medical insurances service.

 

 


 

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