Fitch scores has revised its outlook to strong from
negative, reflecting expectations that insurers’ income and capital adequacy
can be resilient amid the Italian recession.
The outlook also displays reduced credit score hazard on
sure Italian insurers’ stability sheets, following the revision of the outlook
for Italy in April to solid from poor, Fitch stated in a announcement.
The revised outlook underlines the rating agency’s view over
the subsequent 12-18 months of the whole Italian insurance market instead of
just agencies in the region which are rated via Fitch.
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