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Società Reale Mutua di Assicurazioni's outlook negative due to weaknesses

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Italian insurer Società Reale Mutua di Assicurazioni and its Spanish subsidiary Reale Seguros Generales have been issued with insurer financial strength ratings at 'BBB+' with negative outlooks.

Fitch Ratings said that the affirmations reflect RMA's good operating profile, improving underwriting performance and good, albeit declining, capitalisation.

The ratings also reflect Reale Seguros'

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