A.M. Best Affirms Credit Ratings of Societe Centrale de Reassurance
OREANDA-NEWS. A.M. Best has affirmed the Financial Strength Rating (FSR) of B++ (Good) and the Long-Term Issuer Credit Rating (Long-Term ICR) of “bbb” of Société Centrale de Réassurance (SCR) (Morocco). The outlook of these Credit Ratings (ratings) remains stable.
The FSR and Long-Term ICR reflect SCR’s solid risk-adjusted capitalisation, track record of strong technical performance and good domestic business profile in Morocco. The ratings also recognise SCR’s exposure to the macroeconomic and political conditions prevailing in Morocco, its core market.