Fitch Ratings today upgraded Royal & Sun Alliance's (R&SA)...

Fitch Ratings today upgraded Royal & SunAlliance's (R&SA) rating outlook to stable from negative.

It has also confirmed the insurer's financial strength rating of ‘BBB' and long-term financial strength rating as ‘BB+'.

Royal & SunAlliance Insurance Group (RSAIG) has been assigned a long term ‘BB-' rating.

Its £450m 8.5% perpetual subordinated debt has been assigned a rating of ‘BB'. The outlook is stable.

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