Swiss Re Corporate Solutions to acquire QBE's Global Trade Credit and Surety business; terms undisclosed (A$20.87, +0.81)
Basic Resources, Chemicals, Travel & Leisure lead; Banks, Financial Services, Insurance and Food/Beverage lag:
StreetAccount Summary - European pre-market trading update
Goldman Sachs upgrades ASRNL.NA, PHNX.LN; downgrades ADM.LN, SCR.FP, SREN.SW
Swiss Re downgraded to underperform from market perform at Keefe, Bruyette & Woods (CHF 127.90, 0.00)
StreetAccount Summary - Trading higher/lower: EU mid-morning
StreetAccount Sector Summary - Insurance Post Market
StreetAccount Sector Summary - Insurance Pre Market
UBS upgrades PHNX.LN; downgrades ADM.LN, MNG.LN, SREN.SW; others
Swiss Re Institute estimates total insured losses from natural catastrophes in 2025 at $107B, (24%) y/y
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