MILAN (Reuters) - Shares in Italy's biggest insurer Assicurazioni Generali
At 1254 GMT Generali shares were down 2.7 percent at 14.16 euros, the biggest loser on the European insurance index <.SXIP>.
A Milan-based trader said that the group had been overly cautious in some of its targets.
(Reporting By Stephen Jewkes)
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