Rating agency S&P affirms SCOR Financial’s ‘AA-‘

Rating agency S&P affirms SCOR Financial's 'AA-'

Press release
August 1, 2022 – No. 16

The rating agency S&P affirms
SCORE‘s ‘AA financial Rating of strength
with a “negative” perspective.

On Friday, July 29, ratings agency S&P affirmed the long-term insurer’s long-term financial strength and issuer credit ratings on SCOR SE and related subsidiaries and maintained their outlook at “Negative” .

This demonstrates a strong group solvency ratio estimated at 240% as at 30 June 2022.

SCOR is implementing the necessary actions to recover its technical profitability and reduce the volatility of its results, while developing its franchise.

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Contact details

Relations with the media
Nathalie Mikaeloff and Alexandre Garcia
media@scor.com

investor relationships
Yves Cormier
ycormier@scor.com

www.scor.com

LinkedIn: SCOR | Twitter: @SCOR_SE

SCOR, a Tier 1 global reinsurer

SCOR, the world’s fourth largest reinsurer, offers its clients a diversified and innovative range of solutions and services to control and manage risk. Applying “The Art and Science of Risk”, SCOR uses its industry-recognized expertise and cutting-edge financial solutions to serve its clients and contribute to the well-being and resilience of society.

SCOR offers its clients an optimal level of security with the rating AA- or equivalent from S&P, Moody’s, Fitch and AM Best. The group generated premiums of more than €17.5 billion in 2021 and serves clients in more than 160 countries from its 36 offices worldwide.

For more information, visit: www.scor.com.

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About the Author: Chaz Cutler

My name is Chasity. I love to follow the stock market and financial news!