Scor: Fitch maintains credit rating
(CercleFinance.com) - Scor has announced Fitch's decision to confirm its financial solidity rating at AA-, as well as its credit issuer rating of AA+, while affirming the ratings of the group's operational subsidiaries, ratings with a stable outlook.
The rating agency says that this decision reflects Scor's favourable commercial profile in the global reinsurance sector, its very robust risk-adjusted capitalisation and its robust financial performance.
This decision reflects the depth of the group's business and its leading solvency level, Chairman and CEO Denis Kessler said, with the group highly confident in the run-up to the contract renewal season.
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