|Bid||62.70 x 400|
|Ask||63.30 x 400|
|Day's Range||62.81 - 63.36|
|52 Week Range||48.41 - 67.47|
|PE Ratio (TTM)||128.09|
|Earnings Date||Aug 2, 2017|
|Dividend & Yield||1.28 (2.03%)|
|1y Target Est||68.64|
Global reinsurers have written to the European Commission to ask it to ensure mutual access between British and European Union reinsurance markets after Britain leaves the bloc due to worries about market disruption, according to extracts from the letter seen by Reuters. Britain and the EU started talks this week on the terms of their divorce in March 2019. Brexit risks an end to so-called passporting rights, through which financial institutions are able to sell their services across the EU without locally regulated operations.
Consulting and outsourcing services provider Accenture said on Friday it would transfer $1.6 billion in pension obligations to insurers American International Group and MassMutual.
Consulting and outsourcing services provider Accenture Plc said on Friday it would transfer $1.6 billion in pension obligations to insurers American International Group Inc and MassMutual. The transfer includes about $600 million in lump-sum payments to about 7,000 current and former U.S. employees of Accenture and $1 billion in purchases of annuities from insurance companies. U.S. insurers are buying corporate pension plans at a record clip as rising interest rates and all-time high stock-market values give companies the perfect excuse to offload them.