Fondiaria-Sai S.p.A.: Standard & Poor’s revises group’s rating to BBB+ from A-; negative outlook confirmed

The rating agency Standard & Poor’s, within a general review of the Italian insurance market, today revised the rating of the Fondiaria-SAI Group and its principal subsidiary Milano Assicurazioni, from A- to BBB+. This change in the rating is related to the deterioration in the operating performance as well as the reduced financial and capital flexibility.

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