Assicurazioni Generali

Regulatory Filings • Jun 3, 2021

Informazione Regolamentata n. 0018-55-2021		Data/Ora Ricezione 03 Giugno 2021 18:58:10	MTA
Societa'	:	ASSICURAZIONI GENERALI
Identificativo Informazione Regolamentata	:	148267
Nome utilizzatore	:	ASSGENERN06 - AMENDOLAGINE
Tipologia	:	REGEM; 3.1
Data/Ora Ricezione	:	03 Giugno 2021 18:58:10
Data/Ora Inizio Diffusione presunta	:	03 Giugno 2021 18:58:11
Oggetto	:	Generali: Fitch affirms the "A-" IFS rating on proposed Cattolica acquisition
Testo del comunicato

Vedi allegato.

03/06/2021 PRESS RELEASE

Generali: Fitch affirms the "A-" IFS rating on proposed Cattolica acquisition

Trieste – Fitch Ratings today affirmed Generali's 'A-' Insurance Financial Strength (IFS) rating. The agency also affirmed the 'BBB+' Issuer Default Rating (IDR). The outlooks remain stable.

The rating actions follow Generali's announcement of the cash voluntary public tender offer for all shares of Cattolica not owned by Generali for approximately € 1.2 billion.

On a pro-forma basis, Fitch expects the acquisition as proposed to be broadly neutral to Generali's capitalisation and financial leverage, as well as investment risk.

Please find here the press release issued by Fitch is attached

THE GENERALI GROUP

Generali is one of the largest global insurance and asset management providers. Established in 1831, it is present in 50 countries in the world, with a total premium income of € 70.7 billion in 2020. With more than 72,000 employees serving 65.9 million customers, the Group has a leading position in Europe and a growing presence in Asia and Latin America. Commitment to sustainability is one of the enablers of Generali's strategy, inspired by the ambition to be the Lifetime Partner to its customers, offering innovative and personalized solutions thanks to an unmatched distribution network.