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 48.81

+0.37 +0.76%
Volume: 2,535,647
Track ACE

AIG 30.12

+0.23 +0.77%
Volume: 8,658,969
Track AIG

ALL 28.60

+0.43 +1.53%
Volume: 5,132,399
Track ALL

CB 48.69

-0.15 -0.31%
Volume: 4,517,622
Track CB

CNA 22.75

+0.41 +1.84%
Volume: 465,878
Track CNA

TRV 51.04

-0.40 -0.78%
Volume: 6,096,133
Track TRV

XL 18.21

+0.12 +0.66%
Volume: 3,812,725
Track XL


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