Fitch downgrades Scor’s IFSR to A+
Fitch has downgraded Scor’s insurer financial strength rating (IFSR) from AA- to A+ and its long-term issuer default rating (IDR) from A+ to A-.
The agency said the downgrade is due to Scor’s “continued weak performance”, which it said has fallen short of expectations for five years, and deteriorated in 2022.
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