Generali, Fitch upgrades the IFS rating to “A+” from ‘A’ with a stable outlook
18 September 2023 - 18:15
Milan – Fitch Ratings have upgraded Generali’s Insurer Financial Strength (IFS) rating to “A+” from “A” with a stable outlook.
The agency has also upgraded Generali's Long-Term Issuer Default Rating (IDR) to 'A' from 'A-'.
The upgrades reflect Generali’s very strong capitalisation and moderate financial leverage.
The ratings reflect the continuous improvement of the Group's credit profile and its strong operating performance.
Please find here the press release issued by Fitch.