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Fitch upgrades RSA, despite some capital concerns

RSA logo

Fitch Ratings has upgraded RSA's Insurer Financial Strength rating to 'A' from 'A-' and Long-term Issuer Default to 'A-' from 'BBB+'.

The agency has also upgraded RSA Insurance group's long-term IDR to 'BBB+' from 'BBB'. The Outlooks are Stable.

The subordinated debt and capital securities guaranteed by RSA (£500m 2039, £450m

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