Scor credit ratings are pared

Article Abstract:

Scor S.A.'s credit ratings were lowered to triple-B-plus from single-A-minus by Standard and Poor's. The reinsurance firm said it would attempt to raise capital by spinning off its life reinsurance business.

Evaluation

---

Scor first-half profit doubled on lower costs and provisions

Article Abstract:

Scor S.A.'s net profits doubled during the 2003 first half period. The company, which was helped by lower costs and provisions, posted 42 million euros ($45.7 million) in net profits for the period.

Sales, profits & dividends, Company sales and earnings, Company earnings/profit

---

Entire life unit may be sold; A.M. best cuts credit rating

Article Abstract:

Scor S.A. is considering divesting its life insurance unit as part of a corporate restructuring. Scor's credit rating was also lowered to B++ from single-A-minus.

Strategy & planning, Life Insurance, Direct Life Insurance Carriers, Parent-to-subsidiary activities, Subsidiary-to-parent activities, Planning, Company business planning, Subsidiaries, divisions and units

Similar abstracts:

• Abstracts: Slow going for investors. Labour pains. A labour-friendly president gets tough on strikers and wins points with big business
• Abstracts: Labour pains. A labour-friendly president gets tough on strikers and wins points with big business. Hyundai Motor, union reach tentative deal
• Abstracts: Interbrew chief realigns officers. Picanol is shadowed by controversy. InBev is facing Belgian Review on disclosures
• Abstracts: U.S., North Korea trade demands. North Korea says it will declare its nuclear-weapons capabilities. Seoul seeks help of China to end Korean deadlock
• Abstracts: Aventis refuses to yield to Sanofi: CEO dismisses hope for a friendly deal, plans asset split-off. Alnylam, Ribopharma to merge

This website is not affiliated with document authors or copyright owners. This page is provided for informational purposes only. Unintentional errors are possible.