Moody’s improves Generali’s outlook to positive and affirms its IFS Rating at A3

Milan – Moody’s has improved Generali’s outlook to positive from stable and affirmed its A3 insurance financial strength rating (IFSR).

The outlooks on Generali's main operating insurance subsidiaries in Italy, France and Germany were also changed to positive from stable.

This change in Generali’s outlook by Moody’s follows the improvement in the rating agency’s outlook on the Government of Italy (Baa3) to positive from stable.

Additionally, the affirmation of Generali’s IFS Rating at A3 reflects the Group's very strong business profile, benefitting from leading positions in its chosen markets in Europe, diversification by business lines and relatively low product risk.

Please find below the press release issued by Moody’s.