The rating agency Fitch Ratings has announced the upgrade of the Long-Term Issuer Default Rating (IDR) assigned to Unipol Gruppo S.p.A. and UnipolSai Assicurazioni S.p.A. to 'BBB' from 'BBB-', with a stable outlook. As a result, the Group's debt ratings have also been raised: the Unipol Group S.p.A. senior debts have been upgraded to 'BBB-' from 'BB+', the UnipolSai Assicurazioni S.p.A. dated subordinated debts have been upgraded to 'BBB-' from 'BB+' and the UnipolSai Assicurazioni S.p.A. perpetual subordinated debt has been upgraded to 'BB+' from 'BB'.
At the same time, the rating agency confirmed UnipolSai Assicurazioni S.p.A.'s Insurer Financial Strength (IFS) rating at 'BBB', with a stable outlook.

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

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UnipolSai Assicurazioni S.p.A. published this content on 09 May 2018 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 09 May 2018 17:06:04 UTC