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SCOR Global Goebenstraße 1 50672 Köln, Germany http://www.scor.com/
Contact Ms Marie-Laurence Bouchon +33 1 58 44 76 10
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SCOR Global

SCOR achieves a major milestone with Standard & Poor's upgrade to "AA-"

(PresseBox) (Köln, )
Standard & Poor's (S&P) has upgraded SCOR's Insurer Financial Strength rating to 'AA- stable outlook' from 'A+ positive outlook' and raised the Group counterparty credit ratings to 'AA-/A-1+' from 'A+/A-1'.

 

S&P notably mentions having taken into account the fact that "the Group has demonstrated its very strong competitive position through resilience in pricing and technical profitability in its P&C book and has reinforced its leading position in the U.S. Life reinsurance market."

 

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