Scor rating upped from negative to developing
A.M. Best Co. has changed the implications of the under review status to developing from negative of the B++ (Very Good) financial strength rating of Scor (Paris), its core subsidiaries and the ratings on debt instruments issued or guaranteed by Scor. (See complete list below.)
This action follows Scor's decision to launch a fully underwritten €750m (£525m) rights issue — €150 million (£105m) higher than previously announced — which will be closed on January 7, 2004. InOnly users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
To access these options, along with all other subscription benefits, please contact info@postonline.co.uk or view our subscription options here: https://subscriptions.postonline.co.uk/subscribe
You are currently unable to print this content. Please contact info@postonline.co.uk to find out more.
You are currently unable to copy this content. Please contact info@postonline.co.uk to find out more.
Copyright Infopro Digital Limited. All rights reserved.
As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (point 2.4), printing is limited to a single copy.
If you would like to purchase additional rights please email info@postonline.co.uk
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (clause 2.4), an Authorised User may only make one copy of the materials for their own personal use. You must also comply with the restrictions in clause 2.5.
If you would like to purchase additional rights please email info@postonline.co.uk
More on Commercial
HDI CEO Ogden exits after six years
Stephanie Ogden, CEO of HDI Global UK and Ireland, will leave the business on 31 January to become CEO of Munich Re Specialty - Global Markets.
Storm brewing in legal PI market over genAI
As generative AI becomes embedded in professional workflows, Marcel Le Gouais explores how insurers are grappling with a rising wave of silent PI exposure driven by lawyers and other advisers mishandling AI-generated outputs.
Roundtable: Transforming risk management in commercial insurance
How insurers and brokers can help businesses navigate a complex risk landscape and strengthen loss prevention for the future.
Why MGAs need to hold the line in 2026
Trade Voice: Mike Keating, CEO of the Managing General Agents’ Association, says the softening market gives MGAs the opportunity to prove their mettle – but they must show underwriting discipline.
Diary of an Insurer: Markel’s Dan Martin
Dan Martin, managing director of distribution strategy and business development at Markel, kicks off the week with a brisk walk with his dog, connects with colleagues from across the globe and meets with an MGA to explore potential partnerships plus distribution opportunities.
Trump’s stance pushes insurers to soften Net Zero goals
More than a quarter (27%) of the UK’s major general insurers have noted Donald Trump’s stance on climate change has had some negative impact on their organisation’s Net Zero strategy in 2025.
Axa UK’s Dougie Barnett hangs up his boots
Dougie Barnett is retiring after more than 40 years in the general insurance sector, most recently leading Axa UK’s customer risk management function.
Four biggest challenges facing insurers in 2026 revealed
Insurance Post reveals the four main challenges general insurers face in 2026 and the solutions experts from EY, the International Underwriting Association, AM Best, Moody’s, S&P, KPMG, Pathlight Associates and Sicsic Advisory say will matter most in the year ahead.