An overview of the ratings issued by rating agencies.

Financial strength ratings are assigned to operating companies and are opinions on the insurer’s ability to meet obligations towards policyholders.

Financial Strength Rating

Moody's Fitch AMBEST* DBRS Morningstar
UnipolSai Assicurazioni Baa3 | Stable Outlook
(8 June 2021)
BBB+ | Stable Outlook
(23 June 2021)
A- | Stable Outlook
(23 July 2021)
A high | Negative Trend
(7 October 2021)
UnipolRe A- | Stable Outlook 
(16 December 2020)
Siat BBB+ | Stable Outlook 
(25 June 2021)
A- | Stable Outlook 
(23 July 2021)
A high | Negative Trend 
(7 October 2021)

Debt ratings are security specific opinions that reflect the instrument’s likelihood of default.


Issuer ISIN Typology Maturity date Rating
        Moody's Fitch
Unipol Gruppo XS1206977495 Senior Unsecured  03/18/2025 Ba2 BBB-
XS1725580622 Senior Unsecured  11/29/2027 Ba2 BBB-
XS2237434803 Senior Unsecured - Green 09/23/2030 Ba2 BBB-
UnipolSai Assicurazioni XS1784311703 Subordinated 1/3/2028 Ba2 BB+
XS1078235733 Subordinated perpetual Ba3 BB+
XS2249600771 Subordinated perpetual B1 BB-

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Last updated:Oct 08 2021