The New Year has begun with a boost to the industry's share prices thanks to an improvement in investor sentiment toward the sector.
Royal & SunAlliance share prices rose 2.5% to 83p amid rumours of a takeover.
Reports today said the announcement that ACE was o manage its asbestos payouts by selling off three of its reinsurance units.
Aviva gained 0.7% to 644.5p afterit moved to reduce the uncertainty caused by tis adoption of European accounting rule, reports said.
