Moody's lifts ratings for Mapfre's Global Risks and Asistencia

Ratings agency Moody's has lifted the insurance financial
strength ratings of specialty commercial insurer Mapfre Global
Risks and consumer insurer Mapfre Asistencia by one notch. Both are
now rated A2, up from A3.
The outlook on both entities remains stable, in line with that
of Spain's sovereign rating.
The ratings action follows Moody's upgrade of Spain's
sovereign rating to Baa1 from Baa2 on 13 April.
"Moody's regards Mapfre's credit quality as being
partially linked to that of the Spanish s