S&P downgrades European insurers including Mapfre, CCR and Generali
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S&P downgrades European insurers including Mapfre, CCR and Generali

Standard & Poor's (S&P) has cut the ratings of several European insurers, including Spain's Mapfre Group, France's Caisse Centrale de Reassurance (CCR), and Italy's Generali, after downgrading nine Eurozone member governments last week.

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