Mapfre loses double-A rating
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Mapfre loses double-A rating

20 February 2009
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Mapfre became the second (re)insurer to lose AA-rated status this week as ratings agency Fitch downgraded the Spanish (re)insurer's core subsidiary insurer financial strength (IFS) rating to A+ from AA-, citing the company's weakened capital adequacy at the 2008...

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