Generali could be downgraded if Italy's IDR falls any lower
A further sovereign downgrade for Italy is likely to result in a downgrade for Italian insurer Assicurazioni Generali, ratings agency Fitch has said.
Generali's and its core operating subsidiaries' ratings are not affected by the Fitch's downgrade of Italy's long-term issuer default ratings to 'A-' from 'A+' on 27 January.
Under Fitch's 'insurance
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