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Fitch Affirms Scor's Ratings Amid 'Very Strong' Capitalization

MT Newswires·10/02/2026 02:17:52
語音播報
02:17 AM EDT, 10/02/2026 (MT Newswires) -- Fitch Ratings on Thursday affirmed Scor's (SCR.PA) A long-term issuer default rating and A+ insurer financial strength rating, with a positive outlook. The ratings action mirrors the French reinsurer's strong position in the global reinsurance sector and its "very strong" capital. However, the positives are partially mitigated by its "strong, albeit somewhat volatile, earnings," the rating agency noted. The positive outlook incorporates Fitch's expectations that the portfolio actions taken by the company in 2024 would help strong earnings stabilize in 2026 and 2027.