Standard & Poor's have placed all its long-term ratings on reinsurer SCOR on CreditWatch with negative implications.
The CreditWatch placement follows SCOR's announcement that
it is negotiating with Gerling group for the purchase of its life reinsurance.
Standard & Poor's credit analyst Marcus Rivaldi said: "Today's rating action reflects other uncertainties that exist at this point-as they would for any other deal of such size and complexity-such as SCOR's ability to properly capitalize any newly formed group and successfully manage integration risks.
Rivaldi added: "Standard & Poor's current expectation is that, on resolution of the CreditWatch placement, the ratings on SCOR will remain well within the single 'A' range."
The 2025 Insurance Times Awards took place on the evening of Wednesday 3rd December in the iconic Great Room of London’s Grosvenor House.
Hosted by comedian and actor Tom Allen, 34 Gold, 23 Silver and 22 Bronze awards were handed out across an amazing 34 categories recognising brilliance and innovation right across the breadth of UK general insurance.
Hosted by comedian and actor Tom Allen, 34 Gold, 23 Silver and 22 Bronze awards were handed out across an amazing 34 categories recognising brilliance and innovation right across the breadth of UK general insurance.
Many congratulations to all the worthy winners and as always, huge thanks to our sponsors for their support and our judges for their expertise.
