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Fitch lifts Ageas Insurance
Fitch Ratings said it upgraded Ageas Insurance International NV’s long-term issuer default rating to A from A-.
The ultimate Ageas holding company, Ageas SA/NV’s long-term issuer default rating also was upgraded to A- from BBB+.
Fitch also upgraded Ageas SA/NV’s hybrid instruments by one notch.
The upgrades follow the publication of the agency’s updated insurance notching criteria, Fitch said.
The outlooks ob both companies are stable.
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