Monday, January 14, 2013

Reuters: Global Markets: Generali shares fall over 3 pct after plan

Reuters: Global Markets
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Generali shares fall over 3 pct after plan
Jan 14th 2013, 13:01

MILAN | Mon Jan 14, 2013 8:01am EST

MILAN (Reuters) - Shares in Italy's biggest insurer Assicurazioni Generali (GASI.MI) fell more than 3 percent on Monday after release of its new business plan.

At 1254 GMT Generali shares were down 2.7 percent at 14.16 euros, the biggest loser on the European insurance index .SXIP.

A Milan-based trader said that the group had been overly cautious in some of its targets.

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