Generali Among Italy Insurers Downgraded by Moody’s
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Assicurazioni Generali SpA was among three Italian insurers downgraded by Moody’s Investors Service, which cited the nation’s “weakening” creditworthiness.
Generali, the country’s largest insurer, had its senior debt cut to Baa2 from A2, Moody’s said yesterday in a statement on the Trieste-based company.