Brit Insurance shares fall on first day of trading

GLOBALCAPITAL INTERNATIONAL LIMITED, a company

incorporated in England and Wales (company number 15236213),

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Brit Insurance shares fall on first day of trading

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England fans celebrate a boundary in the stands | Nigel French/PA Archive/Press Association Images

Brit Insurance completed its IPO on Friday, but saw its shares trade down by 4.5% in the afternoon on the back of news that the Financial Conduct Authority is planning a regulatory probe into the insurance sector.

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