(Finance) – AM Best has improved its financial strength rating General (Financial Strength Rating – FSR) to “A+” (Superior) from “A” (Excellent”) and the long-term issuer credit rating (Long-Term ICR) to “aa-” (Superior) from “a+ ” (Excellent).
The outlook is stable.
The ratings, we read in a note, reflect “Generali’s excellent financial solidity, strong operating performance, solid business profile
business and the appropriate approach to risk management”.