Bernstein Downgrades Insurance Cos (AIG, ALL, CB, CNA, XL, TRV)

January 6, 2009 9:22 AM EST

Sanford C. Bernstein downgraded a number of insurance companies today:

Downgraded from Outpeform to Market Perform:
American International Group, Inc. (NYSE: AIG)
Allstate Corp. (NYSE: ALL)
The Chubb Corporation (NYSE: CB)
CNA Financial Corporation (NYSE: CNA)
XL Capital (NYSE: XL)
Travelers (NYSE: TRV)
ACE Limited (NYSE: ACE)


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Downgrades

Stocks Mentioned

ACE 29.97

-14.92 -33.24%
Volume: 440,515
Track ACE

AIG 25.08

+7.00 +38.72%
Volume: 438,629
Track AIG

ALL 29.89

+4.82 +19.23%
Volume: 447,105
Track ALL

CB 27.43

-12.98 -32.12%
Volume: 442,321
Track CB

CNA 26.31

+10.59 +67.37%
Volume: 436,239
Track CNA

TRV 27.59

-13.54 -32.92%
Volume: 439,818
Track TRV

XL 27.46

+15.20 +123.98%
Volume: 444,216
Track XL


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