Proposed changes to the way solvency margins are maintained by UK insurers battered by falling stock...
Proposed changes to the way solvency margins are maintained by UK insurers battered by falling stock markets has resulted in a 102 points gain by the FTSE 100 to 3,668 this morning. Announced after the market closed on Friday, the changes pushed US traded shares in companies such as Aviva up in New York, heralding big gains on this side of the Atlantic. Royal & Sun Alliance is up 8.5p to 105p, Aviva is up 34.25p to 427p, and Prudential is up 30.25p to 411p. Friends Provident is up 5.25p to 93.5p. Banks are also doing well, with LloydsTSB up 26p to 405p, HBOS up 3...
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