Unipol Assicurazioni - Standard & Poor's confirmed its "A-" rating on Unipol Assicurazioni, removing it from CreditWatch. He outlook is stable
Tuesday, February 7, 2006
Standard & Poor’s confirmed today its ‘A-‘ long-term counterparty credit and insurer financial strength ratings on Unipol Assicurazioni and removed them from CreditWatch. The outlook for Unipol is stable.
In a press release issued today, Standard & Poor’s stated that this decision follows “the announcement that Unipol has reached a conditional agreement with BNP Paribas to sell its 14.75% stake in BNL at a price of €2.925 per share; and to maintain end extend its bancassurance agreement with BNL, with a view to strengthening the link between the two Italian companies”.