The rating agency Firch confirmed the rating on the Ifs (Insurer Financial Strength) of Generali and its subsidiaries at “A-“. Another confirmation also on long-term debt, whose rating remains unchanged at "A-"). In both cases, the outlook is stable.
According to Fitch, the ratings reflect the improvement in Generali's capital position. The agency expects the group's operations to remain strong and management to maintain a focus on capital preservation and deleveraging.
Based on Fitch's internal model (FBM), Generali's capital position at the end of 2014 is confirmed at the 'Strong' level and is now close to the upper level 'Very strong' thanks to the improvement in the Group's capitalisation.
