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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