Following a Change in Methodology, A.M. Best Downgrades Five Ratings on Debt Issued or Guaranteed by Assicurazioni Generali S.p.A.

LONDON--(BUSINESS WIRE)--A.M. Best has downgraded the debt ratings to “bbb” from “bbb+” on the GBP 350 million 6.269% perpetual fixed/floating rate subordinated notes and the GBP 495 million 6.416% perpetual fixed/floating rate subordinated notes issued by Assicurazioni Generali S.p.A. (Generali) (Italy), and the EUR 1,250 million 5.479% perpetual fixed/floating rate subordinated notes, the EUR 1,275 million 5.317% perpetual fixed/floating rate subordinated notes, and the GBP 700 million 6.214% Reported by Business Wire 8 hours ago.