Reinsurers to Continue Benefiting From Market Conditions in 20241136 GMT - Competitive market conditions for insurers are seen persisting into 2024, prompting Berenberg to keep a positive view on the sector's outlook, the brokerage says in a note after attending the Rendez-Vous de Septembre insurance industry gathering in Monte Carlo. ---Tullow Oil Narrows Full-Year Production View After Pretax Profit, Revenue FellTullow Oil narrowed its full-year production guidance after pretax profit more than halved in the first half of the year, reflecting lower realized oil prices. ---Renishaw Delays Publishing of FY 2023 ResultsRenishaw said it will delay publishing its fiscal 2023 results to Sept. 19 from the original Sept. 14 date. ---Belluscura Shares Drop After Widened 1H Pretax LossBelluscura shares fell after the group reported a widened pretax loss for first half on higher costs. ---Central Asia Metals Pretax Profit, Revenue Fell on Lower PricesCentral Asia Metals said that its pretax profit and revenue fell in the first half of the year amid lower prices for its metals, and that it backed its full-year production guidance.
Source: Wall Street Journal September 14, 2023 00:19 UTC