Ratings agency Standard and Poor's (S&P) has downgraded its long-term insurer financial strength and issuer credit ratings on France-headquartered international mutual Groupama and its guaranteed subsidiaries by two notches from BBB-to BB.
Ratings agency Standard and Poor's (S&P) has downgraded its long-term insurer financial strength and issuer credit ratings on France-headquartered international mutual Groupama and its guaranteed subsidiaries by two notches from BBB-to BB.