New ratings for Gruppo Unipol by DBRS Morningstar

CorporateFinancial
Friday, October 9, 2020 - 08:50

UnipolSai assigned an A (High) Financial Strength Rating

The rating agency DBRS MorningStar (DBRS) announced yesterday that it has assigned for the first time solicited ratings to UnipolSai Assicurazioni S.p.A. and Unipol Gruppo S.p.A.

With regards to UnipolSai Assicurazioni S.p.A., DBRS has assigned an “A (high)” Financial Strength Rating and an “A (high)” Issuer Rating.

Concerning Unipol Gruppo S.p.A., DBRS has assigned a “BBB” Issuer Rating.

The outlook on all ratings assigned is “Negative” reflecting the negative outlook also currently assigned to the Republic of Italy.

The full text of the press release issued by DBRS is attached.

Read the Press Release.