AM Best Removes From Under Review With Positive Implications and Upgrades Issuer Credit Rating of Generali France S.A. [Yahoo! Finance]
ASSICURAZIONI GENERLI ADR (ARZGY)
NASDAQ:AMEX Investor Relations:
generali.com/investors
Company Research
Source: Yahoo! Finance
Rating (Long-Term ICR) to "a-" (Excellent) from "bbb+" (Good) of Generali France S.A. (Generali France) (France), an intermediate non-operating holding company. The outlook assigned to this Credit Rating (rating) is stable. The Long-Term ICR was placed under review with positive implications on 18 January 2024, following the release of the updated Best's Credit Rating Methodology (BCRM). The rating has been removed from under review with positive implications as AM Best has completed its analysis of Generali France under the updated BCRM. The upgrade of the Long-Term ICR reflects AM Best's opinion that the rating fundamentals of Generali France, as analysed under the updated BCRM, are supportive of the revised Long-Term ICR. AM Best considers Generali France to be part of a Collective Capital Management Group leading to a two-notch difference between the holding company and the rated operating entities of the group. This press release relates to Credit Ratings that have been pub
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