Fitch Raises Italy Ins. Mkt Outlook on Stronger-Than-Expected 1H

Aug. 12 (Bloomberg) -- Fitch revises outlook to stable from negative, also reflecting expectation insurers’ profit and capital adequacy will be resilient amid Italian recession. * Outlook also reflects reduced credit risk on Italian insurers’ balance sheet following revision of outlook of Italy in April to stable from negative, Fitch says in statement * Outlook underline’s view over next 12-18 months of entire Italian insurance market rather than just companies within sector that are rated: Fitch

Link to Statement:{NSN NA6P3E3PWT1C <GO>}

Link to Company News:{G IM <Equity> CN <GO>}

To contact the editor responsible for this story: Mark Bentley at mbentley3@bloomberg.net