Generali and Mapfre among insurers downgraded by Fitch
Several Italian and Spanish insurers have been downgraded following assessments of their pro-forma capital adequacy amid challenging investment conditions.
Fitch has downgraded Assicurazioni Generali's insurer financial strength rating to 'A-' from 'AA-', Fondiaria-SAI's IFS rating to 'BB-' from 'BB+', Societa Reale Mutua di Assicurazioni's IFS to 'BBB+'
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