Insurance stocks drop as financial sector reels from SVB collapse
  • X
  • LinkedIn
  • Show more sharing options
  • Copy Link URLCopied!
  • Print
  • X
  • LinkedIn
© 2024 Insider International Limited, company number 15236286, 4 Bouverie Street, London, EC4Y 8AX. Part of the Delinian Group. All rights reserved.

Accessibility | Terms of Use | Privacy Policy | Modern Slavery Statement
Cookies Settings

Insurance stocks drop as financial sector reels from SVB collapse

Rachel Dalton, 
Ben Wylie
March 13, 2023
  • X
  • LinkedIn
  • Show more sharing options
  • Copy Link URLCopied!
  • Print
  • X
  • LinkedIn
Silicon Valley Bank SVB branch.jpg

Some of the world’s largest insurers have seen their share prices tumble – by more than 5% in some cases – as investors react to the collapse of Silicon Valley Bank (SVB).

US regulators shut down SVB on Friday, and authorities put its UK subsidiary into insolvency Sunday night. The UK subsidiary has now been sold to HSBC.

The

Enter your e-mail to claim a free trial:

Uncover exclusive insights tailored for insurance leaders

    • Stay Informed: Access exclusive industry insights
    • Gain a competitive advantage: Hear first about tactical developments
    • Make better decisions: Understand market dynamics in crucial lines of business
Take a free trial Already a subscriber? Login now

Topics

NewsAIGAllstateChubbTravelersAxa XLSwiss ReZurichMunich ReOperations/tech
rachel dalton 2024 ii us 2.png
Rachel Dalton
Lead Reporter
Contact
ben wylie 2024 ii us.png
Ben Wylie
Lead Data Journalist
Contact
Gift this article