BofA’s Shanker says P&C insurance UW margins have peaked as he downgrades CNA

BofA Securities analyst Josh Shanker has downgraded CNA Financial to “underperform” after the stock benefited from a strong three-month rally, while also commenting that underwriting margins in P&C insurance have peaked.


Want to read this article?


For details on how to subscribe or for all commercial opportunities, including advertising, please contact:

Spencer Halladey

Commercial director

+44 (0) 7540 000929

    Andy Stone

    Sales manager

    +44 (0) 7834 843176