Fitch Ratings has confirmed the AAA (Mar) financial strength rating of Société Centrale de Réassurance [4] (SCR) with a stable outlook.
The rating is attributed to SCR's strong capitalization, good financial performance, business profile, conservative reserving policy, and efficient reinsurance programs.
In 2021, the Moroccan reinsurer recorded a turnover of 2.615 billion MAD (279.81 million USD) and a net result of 311 million MAD (33.27 million USD).