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S&P revises outlook on Ageas' Portuguese subsidiary

portugal flag

Standard and Poor’s has revised the outlook for insurer Millenniumbcp Ageas' core entities to stable following action on Portugal's sovereign rating.

S&P revised its outlook on Portugal from negative to stable and affirmed its 'BB/B' sovereign rating on March 6, 2013.

It has consequently revised the outlook on Millenniumbcp Ageas core entities to

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