Fitch Ratings confirms SCOR's rating

Fitch Ratings confirms the SCOR group's "AA-" financial strength and "A+" issuer credit rating. The outlook for both ratings is stable.

The agency considers the reinsurer's business profile to be favourable. The rating also reflects the group's good financial performance and strong risk-adjusted capitalization.

Fitch Ratings also affirms that SCOR is able to sustain the coronavirus-related losses.