SCOR warned of ‘high level of scrutiny’ with downgrade on ‘weakening profitability’

06-02-2023

SCOR warned of ‘high level of scrutiny’ with downgrade on ‘weakening profitability’

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French reinsurance giant SCOR’s financial strength ratings have been downgraded by Moody’s Investors Service on further “weakening of the group’s profitability” but its outlook has returned to being ‘stable’ from ‘negative’ following the recent replacement of its chief executive officer.


SCOR, Downgrade, Profitability, Moody's, Reinsurance, Thierry Léger, Property, Casualty, Europe, Global

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