Generali, Fitch affirms rating A- and outlook stable

17:09 | 29/01/2016 Companies

(VEN) - The rating agency Fitch announced that it has affirmed Generali’s and its core subsidiaries IFS ratings at A-: The Outlook are Stable.

Generali, Fitch affirms rating A- and outlook stable

Fitch said that ratings reflect the improvement in Group’s capital position, the expectations that Generali’s operations will remain strong and that management’s ongoing focus will be to preserve capital and reduce financial leverage.

On the basis of Fitch’s internal model (FBM), Generali’s score remain ‘Strong’ at end 2014 and it is now very close to the ‘Very Strong’ level, reflecting the improvement in the Group’s capitalization.

Hoang Anh

Theo ven.org.vn