Leading insurers stocks showed a downward trend as analysts expressed concerns that insurance firms are too heavily invested in banks. Analysts at UBS downgraded the US Insurance company Aflac Monday morning to sell from neutral, and on Friday, Fitch ratings downgraded Aflac too, also concerned about its bank investments.
3/10/09
Market Watch: Aflac leads insures down as financial sector drops again - by Greg Morcroft
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