STOCKS NEWS EUROPE-TrygVesta sinks on disappointing Q3

Shares in TrygVesta (TRYG.CO) fall 4.5 percent, the top losers in the DJ STOXX European insurance index .SXIP, after the Danish insurer reports third-quarter results described by analysts as disappointing.

"We regard the results as disappointing and our ("buy") recommendation is under review," Jyske Bank says in a note, adding it will cut its full-year 2009 earnings estimates for TrygVesta.

Fionia Bank says in a note: "The results of TrygVesta's insurance operations were disappointing." For more double click on [ID:nLA599050]

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