Fitch upgrades Groupama’s IFS to ‘A-­’; Outlook Stable

Fitch Ratings-London-03 May 2017: Fitch Ratings has upgraded Groupama S.A.’s (Groupama) and its core subsidiaries’ Insurer Financial Strength (IFS) ratings to ‘A-‘ from ‘BBB+’. Groupama’s Inssuer Default Rating (IDR) has also been upgraded to ‘BBB+’ from ‘BBB’. The Outlooks are Stable.