Argo Group US Inc. And Subsidiaries Outlook Revised To Positive On Progress In Strategic Initiatives; Ratings Affirmed - S&P Global Ratings’ Credit Research

Argo Group US Inc. And Subsidiaries Outlook Revised To Positive On Progress In Strategic Initiatives; Ratings Affirmed

Argo Group US Inc. And Subsidiaries Outlook Revised To Positive On Progress In Strategic Initiatives; Ratings Affirmed - S&P Global Ratings’ Credit Research
Argo Group US Inc. And Subsidiaries Outlook Revised To Positive On Progress In Strategic Initiatives; Ratings Affirmed
Published Aug 16, 2018
5 pages (2065 words) — Published Aug 16, 2018
Price US$ 150.00  |  Buy this Report Now

About This Report

  
Abstract:

Over the past couple of years, Argo Group US Inc. and its parent have invested in technology, advanced its risk management, and undertaken initiatives to diversify its underwriting portfolio. The company's leveraging of its technology platform and use of predictive analytics are providing additional opportunities for growth and expense efficiencies. Argo's increasing use of risk-reward analysis to drive strategic initiatives could provide better ability to manage its expanding portfolio and optimize returns. We are therefore revising our outlook on Argo to positive from stable, and affirming our 'A-' long-term issuer credit and insurer financial strength ratings on the company's core operating subsidiaries. The positive outlook means that we could upgrade Argo within the next 24 months if it is successful

  
Brief Excerpt:

...+ Over the past couple of years, Argo Group US Inc. and its parent have invested in technology, advanced its risk management, and undertaken initiatives to diversify its underwriting portfolio. + The company's leveraging of its technology platform and use of predictive analytics are providing additional opportunities for growth and expense efficiencies. + Argo's increasing use of risk-reward analysis to drive strategic initiatives could provide better ability to manage its expanding portfolio and optimize returns. + We are therefore revising our outlook on Argo to positive from stable, and affirming our 'A-' long-term issuer credit and insurer financial strength ratings on the company's core operating subsidiaries. + The positive outlook means that we could upgrade Argo within the next 24 months if it is successful in leveraging its strategic risk management capabilities, resulting in a sustained improvement in underwriting performance in line with that of 'A' rated peers. TORONTO (S&P...

  
Report Type:

Ratings Action

Ticker
AGII@US
Issuer
GICS
Property & Casualty Insurance (40301040)
Sector
Global Issuers, Public Finance
Country
Region
Format:
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Cite this Report

  
MLA:
S&P Global Ratings’ Credit Research. "Argo Group US Inc. And Subsidiaries Outlook Revised To Positive On Progress In Strategic Initiatives; Ratings Affirmed" Aug 16, 2018. Alacra Store. May 04, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Argo-Group-US-Inc-And-Subsidiaries-Outlook-Revised-To-Positive-On-Progress-In-Strategic-Initiatives-Ratings-Affirmed-2087519>
  
APA:
S&P Global Ratings’ Credit Research. (). Argo Group US Inc. And Subsidiaries Outlook Revised To Positive On Progress In Strategic Initiatives; Ratings Affirmed Aug 16, 2018. New York, NY: Alacra Store. Retrieved May 04, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Argo-Group-US-Inc-And-Subsidiaries-Outlook-Revised-To-Positive-On-Progress-In-Strategic-Initiatives-Ratings-Affirmed-2087519>
  
US$ 150.00
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