AM Best maintains the rating with stable outlook of Generali – L’Argus de l’Assurance

The note Generali is in stable outlook for one year.

  The Generali group was confirmed its financial strength rating of “A” with a stable outlook, the rating agency AM Best.

 

  AM Best keeps the note financial strength “A” of the insurer Generali and its main subsidiaries. That note is accompanied by a stable outlook. She had been raised from negative to stable in October 2014. The score of credit group is maintained at “a”.

 The rating agency believes that the Italian insurer has strong positions in continental Europe, it demonstrated solid operating performance and that its level of capitalization improves gradually.

  exposure to Italian sovereign debt

 However, Generali remains exposed to debt Italian sovereign (up to € 60.6 billion end 2014), which, according to AM Best, a certain sensitivity to the risk posed by financial market volatility.

 Subsidiaries Italian and Czech of the insurer were awarded for the first time the same financial strength rating as the other entities of the group.