(Finance) – The Fitch rating agency announced today that it has raised its rating on the financial solidity of General (Insurance Financial Strength – IFS) to “A+” from “A”, with a stable outlook.
The agency also raised the credit rating (Issuer Default Rating – IDR) to “A” from “A-”.
The improvement – explains a note – reflects the excellent capital solidity and the moderate financial leverage of the Company.
The ratings confirm the continued strengthening of the Group’s credit profile and its strong operational performance