Bad day for insurance firms on FTSE

Insurance firms crashed today after Aviva’s annual results failed to settle nerves in the sector.

Bad day for insurance firms on FTSE

Insurance firms crashed today after Aviva’s annual results failed to settle nerves in the sector.

The Norwich Union and Hibernian owner posted decent full-year figures and maintained its dividend, but sentiment remained weak as shares dived 27% on continued fears about the company’s capital buffer.

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