Acrisure LLC 'B' Rating Affirmed, Parent Company Acrisure Holdings Inc. Assigned 'B' Rating; The Outlook Is Stable - S&P Global Ratings’ Credit Research

Acrisure LLC 'B' Rating Affirmed, Parent Company Acrisure Holdings Inc. Assigned 'B' Rating; The Outlook Is Stable

Acrisure LLC 'B' Rating Affirmed, Parent Company Acrisure Holdings Inc. Assigned 'B' Rating; The Outlook Is Stable - S&P Global Ratings’ Credit Research
Acrisure LLC 'B' Rating Affirmed, Parent Company Acrisure Holdings Inc. Assigned 'B' Rating; The Outlook Is Stable
Published Apr 15, 2016
4 pages (1498 words) — Published Apr 15, 2016
Price US$ 150.00  |  Buy this Report Now

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Abstract:

Caledonia, Mich.-based insurer Acrisure Holdings Inc. is the ultimate parent of Acrisure LLC. We are assigning our 'B' corporate credit rating to Acrisure Holdings. Inc. and affirming our ratings on core subsidiary Acrisure LLC. Our ratings reflect our view that the company's business risk profile is fair and the financial risk profile is highly leveraged. The stable outlook reflects our view that Acrisure will continue to produce favorable margins and earnings growth, enabling it to maintain credit metrics we consider appropriate for the current ratings. NEW YORK (Standard&Poor's) April 15, 2016--Standard&Poor's Ratings Services said today that it has assigned its 'B' corporate credit rating to Acrisure Holdings Inc. At the same time, we affirmed our ratings,

  
Brief Excerpt:

...+ Caledonia, Mich.-based insurer Acrisure Holdings Inc. is the ultimate parent of Acrisure LLC. + We are assigning our 'B' corporate credit rating to Acrisure Holdings. Inc. and affirming our ratings on core subsidiary Acrisure LLC. + Our ratings reflect our view that the company's business risk profile is fair and the financial risk profile is highly leveraged. + The stable outlook reflects our view that Acrisure will continue to produce favorable margins and earnings growth, enabling it to maintain credit metrics we consider appropriate for the current ratings. NEW YORK (Standard & Poor's) April 15, 2016--Standard & Poor's Ratings Services said today that it has assigned its 'B' corporate credit rating to Acrisure Holdings Inc. At the same time, we affirmed our ratings, including our issue-level ratings, on core subsidiary Acrisure LLC. The outlook is stable. Acrisure Holdings is the ultimate parent of Acrisure LLC and the entity where the group's financial statements reside. Acrisure...

  
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Insurance Brokers (40301010)
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Global Issuers
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MLA:
S&P Global Ratings’ Credit Research. "Acrisure LLC 'B' Rating Affirmed, Parent Company Acrisure Holdings Inc. Assigned 'B' Rating; The Outlook Is Stable" Apr 15, 2016. Alacra Store. May 10, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Acrisure-LLC-B-Rating-Affirmed-Parent-Company-Acrisure-Holdings-Inc-Assigned-B-Rating-The-Outlook-Is-Stable-1617349>
  
APA:
S&P Global Ratings’ Credit Research. (). Acrisure LLC 'B' Rating Affirmed, Parent Company Acrisure Holdings Inc. Assigned 'B' Rating; The Outlook Is Stable Apr 15, 2016. New York, NY: Alacra Store. Retrieved May 10, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Acrisure-LLC-B-Rating-Affirmed-Parent-Company-Acrisure-Holdings-Inc-Assigned-B-Rating-The-Outlook-Is-Stable-1617349>
  
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