SCOR welcomes Moody’s decision to confirm its Insurance Financial Strength Rating of ‘Aa3’ and to raise its outlook to ‘stable’

SCOR has been informed of Moody’s decision to affirm the Group’s insurance Financial Strength Rating of ‘Aa3’ and to raise the outlook to ‘stable’. Moody’s had lowered its outlook on the reinsurance sector to ‘negative’ from ‘stable’ in September 2020, citing uncertainty around coronavirus-related losses, along with low interest rates. According to Moody’s, this positive rating action for SCOR…

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