Standards & Poor's confirms the AA- Financial strength ratings with stable outlook for SCOR [4] and its main subsidiaries.
Such rating underlines the Group's ability to absorb the shock of the COVID-19 crisis. The agency expects the reinsurer's solvency ratio to range from 185 to 220% in 2020.
SCOR ranks fourth among the world's reinsurers in 2019 with a turnover of 18.3 billion USD.
Read also | Top 10 global reinsurance companies [5]