In mid-morning, the Generali share gained more than two and a half points, to 13,3 euros, after yesterday evening with the markets closed, the Moody's rating agency confirmed the rating on the company's senior debt at Baa2 and the Baa3 rating for the subordinated debt. The review of Generali's debt rating began in December.
The outlook remains negative and reflects the assessment of Italy and the uncertainties regarding the Italian economic and financial context. “We consider the news of the rating confirmation to be positive in the light of the good indications that emerged during the presentation of the latest results – commented the Intermonte analysts – However, we do not expect any particular effects on the share on which we confirm our neutral opinion”.
The meeting of the nomination committee of the shareholder Mediobanca is scheduled for today for the establishment of the lists of the Generali Board of Directors and the approval by the shareholders' meeting has been set for 30 April. The members of the Board of Generali should increase from 15 to 11 members (of which 10 indicated by Mediobanca and 1 by Assogestioni).
