Moody's Investors Service announced that Assicurazioni Generali SpA's (ARZGY.PK) insurance financial strength rating or IFSR downgraded to Baa1 from A1 and senior debt to Baa2 from A2 with negative outlook; French subsidiaries' IFSRs downgraded to Baa1 from A1; German subsidiaries' IFSRs downgraded to A3 from A1.
Allianz S.p.A.'s IFSR has been downgraded to A3 from A1 with negative outlook.Moody's said Unipol Assicurazioni S.p.A's IFSR downgraded to Baa2 from A3 and remains on review for downgrade.
Moody's has revised the Generali rating, following the downgrade of Italy's sovereign rating.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.