Slips of Omega after the quake Despite talk of bid Japan

Retirement Omega was replicated on the market of the Lloyd after estimates of claims to a devastating earthquake in the Japan tripled over the weekend. Modeling agency that AIR said that it might generate a loss assured of more than $14 (£ 9 billion) and more than $34 without loss of tsunami taking into account the risks.

The new saw shares fall Catlin 11.1 to 338.7 p, Beazley retired 3½ to 120.3 p and Hiscox slipped 3-369.3 p.

The scale of the devastation caused by the largest earthquake recorded in the Japan become clearer in the coming weeks, even if global reinsurers are likely to absorb most of the losses.

Kevin Ryan, an analyst at Investc Securities, said: "earthquake of last week is likely to be a loss of reinsurance, at trial even if we suspect that its magnitude may help raise insurance rates."

"The earthquake, tsunamis and aftershocks expected this week are likely to generate one of the largest losses of reinsurance seen, we believe." If this occurs, it will affect insurance and reinsurance prices and it may affect equity markets.

The FTSE 100 hardened 53.43 to 5775.24 like the societies of disaster affected the whole of the market. The broader 250 FTSE closed of 59.87 at 11349.66.

Burberry luxury goods retailer was the biggest faller on the index of blue chip, landslide 51 p to £ 11.23 on concerns that the demand for its products would fall in the wake of the disaster.

Moreover, energy and mining Amec fell 37 percent to 11 pm £ 15 after the evolution of securities cut its rating to add to purchase.

"The battles to control nuclear power plants in the Japan... will focus on security issues in the industry and are likely to be a prelude to renewed against 'new nuclear' battles to the United Kingdom,"Evolution says in his note. "

"We would expect the media"normal"nuclear hysteria lead to more delays in the British programme to build 11 new reactors over the next 15 years, which will not be good news for Amec, who sees nuclear as key elements in its strategy of"Power and process"division."

From the Japan, Vodafone dipped 3.9 to 175 percent on reports that Vivendi is not prepared to pay much more for £ 6bn for stake in listed UK SFR, the French mobile operator company.

Analysts said that vodafine had hoped to receive an offer more close to £ 7bn capital, which has been victim of elimination the strategy of the company to sell non-core assets.

Cairn Energy remote from 1.3 to 428.3 Indian p after that regulators confirmed that they were nearing the end of their appreciation of the offer of more than $9 Vedanta Resources for India Cairn.

The Securities and Exchange Board of India yesterday said that he was the "concluding observations" on the market, although he has not given details. Sources in India, said that the decision remained in balance, despite the development.

At the other end of the scale, Aggreko was characterize most important day after confirming he was ready to equip to the Japan with some of its autonomous gas and diesel generators. Shares in the provider of temporary power reached 116 p £ 15.23.

"Aggreko stands ready to help the Japan and its people in any way that it can provide temporary power if asked," a company spokesman said when asked if Aggreko had received no request to provide units to the Japan.

"We have already marked our commitment to the competent authorities and will deploy our equipment as quickly as possible if necessary."

BG Group reached 54 p £ 15.14 on suggestions that it could also help to provide the Japan with liquefied natural gas (LNG). Brendan of Souza, Seymour Pierce analyst, said: "BG has high capacity in LNG." An impact of the tsunami in the Japan seem to be that certain nuclear facilities may not be able to produce electricity.

"That will have to be converted to other sources, such as gas and coal.

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Stock of the STC is as FTSE reels from quake

The group titles telecoms based in the United Kingdom, who was beaten by the coalition, reducing spending, fell 3.8 - or 5 24pc - 68¾ after he revealed that Tim Weller will be leaving the company in June to "pursue new challenges".

The Daily Telegraph understands that Mr. Weller, who had been in the role of less than a year, will collect nearly 1 m £ in compensation following the termination of his contract. He will be replaced by his assistant Ian Gibson.

The announcement was compounded by a short note of Liberum capital, warned that the departure of Mr. Weller was likely to be "poorly received" by investors.

Reiterating its "sell" on society, she added: "Mr Weller was, in our view, universally well regarded and just happened to STC last May." He came to the STC with a solid reputation of his time at United Utilities. »

Disclosure of the STC came when the London Stock Exchange fell further after losses Thursday with the Japanese earthquake striking companies through the market. The FTSE 100 hardened 16.62 at 5828.6 points, equivalent to a weekly loss of 2 FP7, its worst performance in addition to eight months. During this time, the broader 250 FTSE fell 106.11 to 11409.53.

Insurers have been hardest hit by the earthquake of magnitude 8.9 as fears mounted on the volume of disaster said they are likely to face this year, after the earthquake of February in New Zealand.

RSA fell 3.5 to 133 p, while Legal & General tempered 2.3 for 115.2 p and Prudential another negative 14 to 721 sense p across the sector. Aviva shares also dropped 6.9 at £ 453. 9 p.

Despite the decline of the sector, no insurer FTSE 100 is likely to suffer claims significant earthquake of as losses will be absorbed by General insurers. Although RSA and Aviva sell general insurance policies, RSA insisted his exposure to the Japan is "unlikely to be substantial" while Aviva said he had "no exposure at all."

Analysts said insurers operating in the popular Lloyd of London market insurance would be among the hardest hit.

Also, Carnival, the largest operator of cruise in the world, is one of the biggest losers of the day, fell 72 percent to £ 26 on fears that unrest in the Middle East and rising oil prices will have an impact on its profits from 2011. In a brief statement, the company said: "prices current spot for exchange rates fuel and currency, earnings per share full year 2011 would be lower by about $0.40." In addition, the company estimates that the impact of changes in routes in the Middle East and North Africa will result in a reduction of approximately $0.05 per share for the rest of the year. »

At the other end of the scale, Aggreko reversed early losses to rise 17 percent to £ 14.07.

Temporary power provider warned that instability in the Middle East "the task of predicting the outcome of the year more than usually difficult" as profit before tax rose 24 FP6 to £ 307. 1 m in 2010. Analysts at Investec maintained their rating on the company to "buy", but warned: "there is no underlying improvements today, forecasts that may disappoint some, the crisis in the Middle East and Africa."

ARM Holdings, which designs chips for mobile devices, including Apple iPhone and iPad, gained 0.5 to 523 p. Royal Bank of Scotland has reiterated its "buy" rating on the company, with an emphasis on the fact that "over supply" issues would be not a serious problem in the long term, despite the concerns of some investors.

Among the smaller caps, retailer JD Sports reaches 47 p 930 after excluded society one sportswear made a bid for the smaller rival JJB Sports.

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