Italian Fondiaria-SAI removed from rating watch negative
Italian insurance company Fondiaria-SAI's and its main subsidiary, Milano Assicurazioni's have been removed from Fitch Ratings rating watch negative.
They have also received insurer financial strength ratings at 'BB+' and the outlook for the ratings is Negative.
The affirmation reflects Fitch's view that concerns over FonSAI and Milano's capital
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