Global News - Aviva and Prudential Stocks Fall on Fears of Credit Market Exposure
Source: Asia Insurance Review | Nov 2008
News that UK insurance giants Prudential and Aviva may be forced to sell off assets because of their exposure to declines in the stock market and in corporate bonds sent their shares sliding by 65½p to 304½p (US$1.14 to USD$6.03), and 39p to 353p, a 17.7% and 9.9% plummet, respectively on 17 October.
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