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Ratings Roundup: Nationwide Financial, AFLAC, Crusader

National News • January 29, 2009
A.M. Best Co. has revised the outlook to negative from stable and affirmed the financial strength ratings (FSR) and the issuer credit ratings (ICR) of the core life/health subsidiaries of ...

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Subject: Aflac

Posted On: February 1, 2009, 11:45 am CST
Posted By: Kurt Kawohl
Comment:
Two analysts upgraded Aflac last Wednesday. Citi Investment Research's Colin Devine said the sell-off was excessive and raised his rating to "Buy" from "Hold." He said the hybrid securities exposure is a concern, but Aflac appears to have enough capital to overcome those losses.

Sterne Agee's John Nadel upgraded the stock to "Neutral" from "Sell," saying that Aflac's losses from the holdings "will likely be far lower than current market prices indicate."
Subject Posted By Posted On
Aflac Kurt Kawohl
Feb 1, 2009, 11:45 am
The heavy implication between the lines..... READ IT !!
Jan 29, 2009, 3:21 pm
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