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AM Best Maintains Under Review With Developing Implications Status for Credit Ratings of Argo Group International Holdings, Ltd and Its Subsidiaries
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AM Best Maintains Under Review With Developing Implications Status for Credit Ratings of Argo Group International Holdings, Ltd and Its Subsidiaries
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AM Best Revises Outlooks to Stable for Argo Group International Holdings, Ltd. and Its Subsidiaries; Affirms Credit Ratings
March 12, 2021 GMT
OLDWICK, N.J. (BUSINESS WIRE) Mar 12, 2021
AM Best has revised the outlooks to stable from negative and affirmed the Financial Strength Rating (FSR) of A- (Excellent) and the Long-Term Issuer Credit Ratings (Long-Term ICR) of “a-” of Argo Re Ltd. (Argo Re) (Pembroke, Bermuda) and its subsidiaries. AM Best also has revised the outlooks to stable from negative and affirmed the Long-Term ICR of “bbb-” and the Long-Term Issue Credit Ratings (Long-Term IR) of the parent, Argo Group International Holdings, Ltd. (Argo Group) (Pembroke, Bermuda) [NYSE: ARGO]. Additionally, AM Best has revised the outlooks to stable from negative and affirmed the Long-Term ICR of “bbb-” and the Long-Term IR of Argo Group US, Inc. (Argo US) (headquartered in Sa