Moody’s upgrades Generali’s IFSR rating to A1 with a stable outlook

Milan – Moody’s Ratings has upgraded Generali Group's insurance financial strength rating (IFSR) to A1 from A2. The outlook remains stable.

The rating upgrade, four notches above the Italian sovereign rating (Baa2 stable), reflects a very strong financial profile, which confers the Group with a low sensitivity to financial markets and macroeconomic conditions, and a very strong business profile, which benefits from leading positions in its chosen markets in Europe, diversification by business lines and low product risk.

The ratings of Generali's main operating insurance subsidiaries in Italy, France and Germany were also upgraded and the outlooks remain stable.

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