Insurance stocks worldwide took a big hit today in anticipation of lower future payouts following the huge earthquake and tsunami which hit Japan overnight.
In London, Prudential fell by 2.18%, RSA Insurance dropped 2.12%, Aviva fell 1.28% while Admiral slumped 1.60%. In Frankfurt, insurers Munich Re fell by 5.2%, while Allianz fell by 2.5% and Swiss...
BB Biotech's Head of Investment, Daniel Koller, explains why the sector's fundamentals are all lined up to the upside.
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Hires RBC's Martin Heale
Bringing over two funds