Moody's upgrades the rating outlook of SCOR

Moody's has confirmed the "A1" financial strength rating of SCOR and has upgraded the French reinsurer's outlook from "stable" to "positive".
The agency has also raised the outlooks of the various subsidiaries of the group to positive and confirmed their rating to " A1".

The rating agency has justified this revaluation by SCOR's improved position on the market, the low exposure of its most volatile reinsurance classes of business , the high level of capitalization of the group and the efficient risk management.

Let us note that Standard & Poor's and Fitch Ratings have already raised the financial strength rating of the French reinsurer from A + to AA- with a stable outlook.