S&P affirms Scor financial strength rating at A+
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S&P affirms Scor financial strength rating at A+

Ayesha Venkataraman
13 March 2023
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Scor logo paris 2.jpg

S&P Global Ratings has affirmed Scor’s financial strength ratings (FSR) at A+, while the French carrier’s outlook remained stable.

The ratings agency said that Scor’s P&C combined ratio of 113.2% for 2022 was “worse than those of close peers,” noting that its P&C performance was hit by higher natural catastrophe claims and reserve strengthening in the P&C segment.

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