S&P downgrades Fondiaria-SAI four notches on outsize losses, Fitch negative
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S&P downgrades Fondiaria-SAI four notches on outsize losses, Fitch negative

30 December 2011
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Standard & Poor's (S&P) has lowered its long-term counterparty credit and insurer financial strength ratings on Italian insurer Fondiaria-SAI and its subsidiary Milano Assicurazioni to B from BB+.

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