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Fitch affirms Mapfre ratings

Fitch Ratings has affirmed its Insurer Financial Strength rating of 'AA-' (AA minus) on Mapfre Mutualidad, the Spanish motor insurer and parent company of the Mapfre insurance group.

The following ratings are affirmed at the same time: the 'A+' Issuer Default rating of Mapfre group company Corporacion Mapfre and the 'A+' Senior Unsecured rating of its €275m debentures due for

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