On Friday, July 29, the rating agency S&P affirmed the ‘AA-’ long-term insurer financial strength and issuer credit ratings on SCOR SE and related subsidiaries and maintained its ‘negative’ outlook.  

This demonstrates a strong Group Solvency Ratio estimated to be at 240% on June 30, 2022. 

SCOR is implementing the required actions to restore its technical profitability and reduce the volatility of its results, while developing its franchise.