Insight and Intelligence on the London & International Insurance Markets 19 Feb 2018
Consensus Q4 beats greeted with share price rises
- 6 February 2018
Early reporters within The Insurance Insider's coverage universe have so far mostly beaten consensus estimates for the fourth quarter, with share prices rising in reaction to the wins.
The only glaring exception was Validus, which missed the consensus earnings per share (EPS) estimate by 94 percent but didn't see its share price affected at all - likely because the (re)insurer had agreed to be acquired by AIG for $5.56bn on 22 January.
The investor response to Travelers' stock performance was...
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