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!

S&P Raises to 'positive' The Outlook on SCOR’s 'A+' Rating - Standard & Poor’shas raised the outlook on the “A+” rating of SCOR SE and its main subsidiaries to “positive” as, according to S&P’s statement,“capital and earnings expected to rise due to very strong ERM” - StandardandPoors.com / SCOR.com
S&P Raises to 'positive' The Outlook on SCOR’s 'A+' Rating

 

PRZOOM - /newswire/ - Paris, Ile de France, France, 2013/11/21 - Standard & Poor’shas raised the outlook on the “A+” rating of SCOR SE and its main subsidiaries to “positive” as, according to S&P’s statement,“capital and earnings expected to rise due to very strong ERM” - StandardandPoors.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!


 

According to the rating agency,“SCOR SE’s enterprise risk management and management and governance have improved and its business risk profile has benefited from further diversification following the Generali USA acquisition. We have reviewed SCOR’s economic capital model, giving us more insight into its capital adequacy; we now expect SCOR’s earnings to sustainably bolster capital and earnings to very strong levels”.

As part of this new assessment, S&P has raised SCOR’s Enterprise Risk Management (ERM) score to “very strong”, the Management and Governance score to “strong”, and the liquidity score also to “strong”.

S&P had previously upgraded SCOR SE’s rating to “A+” on 5 June 2012 with a “stable outlook”.

Denis Kessler, Chairman & Chief Executive Officer of SCOR, commented: “We are delighted by S&P’s decision. It extends our unbroken record of positive rating moves over the past eight years, and follows by less than 18 months our latest upgrade from S&P. Given the uncertain financial, regulatory and operating environment, being awarded a positive outlook is a testament to SCOR’s steadfast attention to risk management and rigid adherence to our twin ROE and solvency targets. It is another step in the positive momentum of the SCOR Group, coming closely after the launch of the Group’s strategic plan,“Optimal Dynamics” and the successful closing and integration of the Generali USA acquisition.”

The Standard & Poor’s press release is available on the homepage of the rating agency’s website at the following address standardandpoors.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!


 

Agency / Source: SCOR SE

 
 

Availability: All Regions (Including Int'l)

 

Traffic Booster: [/] Quick PRZOOM - Press & Newswire 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!


S&P Raises to 'positive' The Outlook on SCOR’s 'A+' Rating

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 PRZOOM - Press & Newswire and LINK as the source.
 
  For more information, please visit:
Is this your article? Activate ALL web links by Upgrading to Press Release PREMIUM Plan Now!
SCOR SE | S&P
Contact: Press Office - SCOR.com 
+33(0)1 58 44 70 00 press[.]scor.com
 
PRZOOM / PRTODAY - Newswire Today 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 Press Releases From SCOR SE / Company Profile


Read Insurance / Risk Management Most Recent Related Press Releases:

Zelros Receives the 2021 European Technology Innovation Leadership Award from Frost & Sullivan
Verisk Analytics Lauded by Frost & Sullivan for Pioneering Telematics Data Exchange for Usage-Based Insurance in North America
FIS Named Category Leader in Chartis Report for Sell-Side Risk Management Technology
ALM Launches FC&S Expert Coverage Interpretation
Auto Insurers Seize Growth Opportunities by Offering Financial and Insurance Tools Over Digital Platforms
Insurance and Benefits Thought Leaders Set to Gather At 15th Annual BenefitsPRO Broker Expo
TrustArc Expands Industry-Leading Privacy Platform with New Intelligent Assessments, Compliance Reports and Dashboard
TrustArc Introduces Intelligence Engine to Automate Privacy Risk Management
ShieldSquare Commended by Frost & Sullivan for Offering Granular Bot Risk Management through its Real-time Bot Mitigation Solution
Asurion Acclaimed by Frost & Sullivan for its Innovative Tech Help Platform for the Retail Protection Services Market

Boost Your Social Network
& Crowdfunding Campaigns


LIFETIME SOCIAL MEDIA WALL
 
NewswireToday Celebrates 10 Years in Business
.



PREMIUM Members


Visit  MONOVERSE USA, Inc.

Visit  The Franchise Group

Visit  JobsWare.com







 
  ©2021 PRZOOM - Limelon Advertising, Co.
Home | About PRZOOM | Advertise/Pricing | Contact | Investors | Privacy/TOS | Sitemap | FRANCAIS
newswire, PR 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 entrepreneur newswire distribution prtoday.com freenewswiredistribution asianewstoday bizwiretoday USA pr UK today