re: ftse 3560 Insurers getting hammered in UK.
Royal Sun Alliance down 12%
Lloyds down 9%
Aviva down 4.3% and have said they may ask regulators to waive the minimum solvency requirement
http://mwprices.ft.com/custom/ft-com/story.asp?guid={4E05AD4F-BD25-4EE1-B7E0-19077A2B5837}&source=yahoo1
I've often wondered whether the govt would or could step in to save one of our major financial institutions if it got in to serious difficulties. I may find out.
to go under $7.00 this week, page-10
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