European shares reverse losses as insurers shine, yields fall
European shares rebounded with the STOXX 600 up 0.2% after insurers surged following positive first-half results from Aviva and Admiral Group. Admiral Group’s shares jumped 8.0% after posting a marginal rise in pre-tax profits. Aviva’s shares rose 2.4% after the insurer recorded an 8% increase in operating profit for H1 2019.
