Island insurers join election rally as shippers tumble
Bermuda's re/insurers rose (e.g., White Mountains +3.8%, Pelagos +4.9%) while shipping companies fell (e.g., Teekay -4.9%, Nordic American -5%) following US mid-term election results. S&P 500 and Dow Jones gained 1.6% and 3% respectively, while Treasury yields and oil prices dropped.


