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Citi opens ‘Catalyst Watches’ on three insurance names into results
The Fly

Citi opens ‘Catalyst Watches’ on three insurance names into results

Citi analyst Michael Ward opened "Catalyst Watches" on Hartford Financial (HIG), Prudential (PRU) and Reinsurance Group (RGA) ahead of the Q4 reports. He likes MetLife (MET) and AIG (AIG) into the quarter. With uncertainty around economic outlooks, inflation, loss cost assumptions, and reinsurance, "we’re again looking less for big beat-and-raise prints, and more towards names where expectations are lower or where forward-looking sentiment is less prone to caution," Ward tells investors in a research note.

Published first on TheFly

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