Loss-hit insurers shares plummet but brokers should benefit

29-08-2017

Shares in insurers and reinsurers with a high market share in Texas have been hit in the aftermath of Hurricane Harvey and the subsequent flooding in the region though analysts have also noted that re/insurers’ share prices can recover strongly in the three to six months after an event.


Hurricane Harvey, Texas, Shares, Axis Capital, Everest Re, RenRe and XL Group, Flood, North America

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