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BUZZ-Standard Life: Deutsche juggles ratings on UK life assurers

Reuters - UK Focus

** Shares (Berlin: DI6.BE - news) in Standard Life (LSE: SL.L - news) up 1.5 pct, 4th-largest gainer on the FTSE 100, after Deutsche Bank (Other OTC: DBAGF - news) raises to "buy", keeps 435p PT

** Deutsche analysts say outlook uncertain in the next few months for life insurance sector, pointing to volatility in world markets, solvency II, UK pension reform and fears of Brexit

** Standard Life remains one of the best placed of all the UK life assurers in terms of future growth, analysts say

** Analysts also cut ratings on Prudential (HKSE: 2378.HK - news) and St James's Place to "hold" from "buy"; both stocks among top losers on the FTSE 100 - Prudential down 1.5 pct, St James's down 1.3 pct

** DB estimates earnings growth at Prudential slowing to 7 pct per year over next three years, adds it is exposed to highest amount of uncertainty (venkateshasoumithri.mamidipudi.thomsonreuters.com@reuters.net)