S&P downgrades Scor FSR to A+ on ‘persistent underperformance’
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S&P downgrades Scor FSR to A+ on ‘persistent underperformance’

Jairo Ibarra
17 November 2022
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S&P Global Ratings has downgraded Scor’s financial strength ratings (FSR) to A+ from AA-, noting that the French carrier’s operating performance has not met the agency’s expectations.

The ratings agency said that Scor has been affected over the last nine months by a challenging P&C price environment before 2022, elevated nat cats and lower investment income.

S&P

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Jairo Ibarra
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