31 January 2012 News

Fitch downgrade for Mapfre

Rating agency Fitch has downgraded Mapfre SA’s Issuer Default Rating to 'A-' from 'A', along with its core operating subsidiaries' Insurer Financial Strength rating to 'A' from 'A+'.

While the ratings were removed from Rating Watch Negative, the outlook for the ratings is negative.

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