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Fitch Upgrades SCOR's IFS Rating to 'AA-'; Outlook Stable

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LONDON--(BUSINESS WIRE)--Fitch Ratings has upgraded France-based reinsurer SCOR S.E.'s (SCOR) Insurer Financial Strength (IFS) rating to 'AA-' from 'A+' and affirmed the Long-term Issuer Default Rating (IDR) at 'A+'. These actions also apply to the ratings of core operating subsidiaries. The Outlooks are revised to Stable from Positive. Fitch has simultaneously affirmed SCOR's subordinated debt at 'A-', with the exception of the EUR350m junior subordinated debt (FR0010359687), which has been do

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