Scor: hails Standard & Poor's decision
(CercleFinance.com) - Scor welcomes Standard & Poor's decision to confirm its rating for the financial soundness of the group and its main subsidiaries at "Aa- with a stable outlook, as well as the group's credit rating of "AA-A-1+".
In its report, S&P emphasizes a very solid business profile, with a leading position on the American market for life reinsurance and strong commercial positions on
several key markets in the world; both in life and non-life reinsurance.
The rating agency also emphasizes a very high level of solvency, strong financial flexibility, which reflect the group's access to a wide range of sources of capital and cash. In addition, the group has excellent risk management, which it believes is based on a well developed risk management culture.
Copyright (c) 2018 CercleFinance.com. All rights reserved.
In its report, S&P emphasizes a very solid business profile, with a leading position on the American market for life reinsurance and strong commercial positions on
several key markets in the world; both in life and non-life reinsurance.
The rating agency also emphasizes a very high level of solvency, strong financial flexibility, which reflect the group's access to a wide range of sources of capital and cash. In addition, the group has excellent risk management, which it believes is based on a well developed risk management culture.
Copyright (c) 2018 CercleFinance.com. All rights reserved.