PRTODAY / NewswireToday Free press release distribution service network

Written by / Agency / Source: SCOR SE

Check Ads Availability|e-mail Article


Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!

A.M. Best Provides Further Recognition of SCOR’s Financial Strength SCOR Group - A.M. Best has revised the outlook of SCOR and its main subsidiaries to “positive” from “stable”, as well as affirming the financial strength rating (FSR) of “A” (Excellent) and the issuer credit ratings (ICR) of “a+” - AMBest.com / SCOR.com
A.M. Best Provides Further Recognition of SCOR’s Financial Strength SCOR Group

 

NewswireToday - /newswire/ - Paris, Ile-de-France, France, 2015/09/11 - A.M. Best has revised the outlook of SCOR and its main subsidiaries to “positive” from “stable”, as well as affirming the financial strength rating (FSR) of “A” (Excellent) and the issuer credit ratings (ICR) of “a+” - AMBest.com / SCOR.com.

   
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Insurance/Risk Management Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

With regard to SCOR’s debt instruments, am. Best has also revised the outlook to positive from stable and affirmed the issue ratings.

According to the rating agency, this decision reflects “the Group’s track record of solid earnings and stability in risk-adjusted capitalisation despite the prevailing competitive market conditions”.

am. Best (ambest.com) also recognises that “SCOR has strengthened its competitive position within the global reinsurance market”, adding that the Group’s “strong business profile allows SCOR to effectively manage local and global reinsurance market cycles, which should be particularly beneficial over the coming years as the industry confronts an increasingly challenging operating environment.”

The rating agency based its decision on SCOR’s “consistently improving” underwriting profitability, its “strengthened” risk-adjusted capitalisation,“strong level of financial flexibility” and “excellent enterprise risk management framework and conservative risk appetite […].” Moreover, it highlighted the Group’s “sophisticated capital management tools, which are fully integrated into the operational and strategic decision-making processes of the group”.

Denis Kessler, Chairman and CEO of SCOR, comments: “A.M Best’s decision is a new illustration of the strengthened financial security that SCOR brings to its clients, particularly in the current market environment. This positive outlook reinforces the two recent upgrades received from Fitch Ratings and S&P*, and confirms SCOR as a Tier 1 global reinsurer”.

* See press releases published by the Group on 21 July 2015 and 7 September 2015 respectively.

Contact: Bertrand Bougon - Head of Investor Relations & Rating Agencies
P: +33(0)1 58 44 71 68 - E: bbougon[.]scor.com.

 
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Insurance/Risk Management Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

Written by / Agency / Source: SCOR SE

 
 

Availability: All Regions (Including Int'l)

 

Traffic Booster: [/] Quick Newswire Today Visibility Checker

 

Distribution / Indexing: [+] / [Company listed above is a registered member of our network. Content made possible by PRZOOM / PRTODAY indexing services]

 
 
# # #
 
 
  Your Banner Ad showing on ALL
Insurance/Risk Management articles,
CATCH Visitors via Your Competitors Announcements!


A.M. Best Provides Further Recognition of SCOR’s Financial Strength SCOR Group

Company website links NOT available to basic submissions
It is OK to republish and/or LINK any newswire for any legitimate media purpose as long as you name Newswire Today and LINK as the source.
 
  Is this your article?
Activate ALL web links and social stream by Upgrading to Press Release PREMIUM Plan Now!

SCOR SE | am. Best
Publisher Contact: Marie-Laurence Bouchon - SCOR.com 
+33(0)1 58 44 76 10 mbouchon[.]scor.com
 
Newswire Today - PRZOOM / PRTODAY disclaims any content contained in this article. If you need/wish to contact the company who published the current release, you will need to contact them - NOT us. Issuers of articles are solely responsible for the accuracy of their content. Our complete disclaimer appears here.
IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any SCOR SE securities in any jurisdiction including any other companies listed or named in this release.

Insurance/Risk Management via RSSAdd NewswireToday - PRZOOM Headline News to FeedBurner
Find who RetweetFollow @NewswireTODAY



Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!


Read Latest Articles From SCOR SE / Company Profile


Read Insurance/Risk Management Most Recent Related Newswires:

SCOR Named 'Life Reinsurer of the Year 2016' by Asia Insurance Review
SCOR is Named 'North American Life Reinsurer of the Year 2016' by Reactions Magazine
Wunelli Evolves Driver Signature to Take Telematics Apps to Next Stage of Growth
LexisNexis Risk Solutions to Provide Mobile Telematics for Nationwide’s SmartRide Program
LexisNexis Risk Solutions Elevates Insurance Customer Experience with New Active Risk Management Solution
LexisNexis Risk Solutions Launches First Contextual Telematics Insurance Model in U.S.
Resolver’s Perspective™ Incident Management Software Now Fully Integrated with Software House C•CURE 9000 Security and Event Management Solution
PPM 2000 Joins Forces with Resolver
LexisNexis Launches LexisNexis Intelligence Exchange in India for Life Insurers
LexisNexis Risk Solutions Announces New Relationship with Ellie Mae
LexisNexis Claims Datafill Accelerator Receives Ready for Guidewire Designation
Norfolk Police Department Adopts LexisNexis Citizen Crime Reporting Solution
Relevant Healthcare Becomes Preferred Vendor for NASHCO
Handshake Software Integrates LexisNexis Digital Library with Microsoft SharePoint Portal & Search
LexisNexis Special Services, Inc. Presented with Industrial Security Achievement Award by Defense Security Service

Boost Your Social Network
& Crowdfunding Campaigns


LIFETIME SOCIAL MEDIA WALL
NewswireToday Celebrates 10 Years in Business


PREMIUM Members


Visit  BizJobs.com

Visit  La Bella Bakery Artisan Bakery Arizona





 
  ©2016 Newswire Today — Limelon Advertising, Co.
Home | About | Advertise/Pricing | Contact | Investors | Privacy/TOS | Sitemap | FRANCAIS
newswire, PR free press releases distribution service magazines engine news alert newsroom press room breaking news public relations articles company news alerts newswiredistribution ezine bizentrepreneur biznewstoday digital business report market search pr firms agencies reports distri-bution today investor relation successful internet entrepreneurs newswire distribution prtoday.com freenewswiredistribution asianewstoday bizwiretoday USA pr UK today - NOT affiliated with PRNewswire as we declined their partnership offer in 2013
 
PRTODAY & NewswireTODAY are NOT affiliated with USA TODAY (usatoday.com)