Sustainability Report 2012 - Generali Versicherung AG

RatingRating agencyRating*A.M.BestAStandard & Poor'sAFitch A-Moody'sBaa1* Updated as of January 2013As regards the SRI (Socially Responsible Investment)rating:As the result of maintaining a strong competitive position,the sound operating results and the management’scommitment to strengthening the capital position, Generaliconfirmed its financial soundness even in a phase whereseveral rating agencies had put it under surveillance due tothe ongoing restructuring.Moody’s downgraded Generali’s rating from A1 to Baa1,following the downgrade of the rating of Italy’s sovereigndebt. The outlook (negative) was also affected by theoutlook for Italy.With the assignment of a B rating by the Forum ETHIBEL,Generali has joined the Ethibel PIONEER register, whichprovides access to top-level SRI investment funds.D- D D+ C- C C+ B- B B+ A- A A+The German rating agency Oekom Research AG alsoupgraded Generali’s rating, from a C to a C+ and maintainingits “PRIME” classification, which designates bonds andshares issued by Generali as responsible investments.For further and updated information on the Group’s financial performance,see the website www.generali.com/Investor Relations.For information on the ethical indices and SRI ratings, see the website www.generali.com/SustainabilityENGAGEMENT OF ANALYSTS ANDINVESTORSThe Generali Group believes maximum transparency iscrucial to its relationship with the financial community.Generali Investor Day 2013, London, United KingdomEvery year and whenever there is a significant change tothe ownership structure, the Parent Company publishes.The Corporate Governance and Share Ownership Reportwhich describes, among other things, how the corporatebodies function, their composition and their term of office.To enable investors to base their decisions on an accurateassessment of corporate policies, operational performanceand projected return on invested capital, the Group goesbeyond the disclosure requirements established by law.Upon major issues of financial reports and extraordinarytransactions, the Group complements these statutorydisclosures with presentations to institutional investors andanalysts. Price-sensitive information is disclosed in the formof timely and thorough press releases.FINANCIAL COMMUNITY | 81