It seems these days many insurers can’t escape downgrades and plummeting stocks. Such is the case with Aflac. The insurer’s shares fell 11%, as analysts expressed concerns that insurance firms are too heavily invested in banks, MarketWatch reported yesterday.

Analysts at UBS downgraded Aflac Monday to “sell” from “neutral,” and on Friday, Fitch Ratings downgraded Aflac as well.

Register or login for access to this item and much more

All Digital Insurance content is archived after seven days.

Community members receive:
  • All recent and archived articles
  • Conference offers and updates
  • A full menu of enewsletter options
  • Web seminars, white papers, ebooks

Don't have an account? Register for Free Unlimited Access