BB Seguridade Participacoes SA (BBSE3.SA)
25 May 2018
R$ -0.65 (-2.32%)
|Market Cap(Mil.):||R$ 54,700.00|
SAO PAULO, Feb 19 Shares in Brazilian insurance holding company BB Seguridade fell on Monday after management said raising profit will continue to be a challenge this year as interest rates reach their lowest level ever in the country.
* BRAZIL SEGURIDADE CEO JOSE MAURICIO COELHO SAYS OPERATIONAL IMPROVEMENT WAS NOT ENOUGH TO OFFSET FALL IN INTEREST RATES
SAO PAULO, Feb 19 Brazilian insurance holding company BB Seguridade missed fourth-quarter profit estimates as lower interest rates and a fall in premiums written dragged on its results.