Argo Group US Inc. And Subsidiaries Outlook Revised To Stable From Negative; Ratings Affirmed - S&P Global Ratings’ Credit Research

Argo Group US Inc. And Subsidiaries Outlook Revised To Stable From Negative; Ratings Affirmed

Argo Group US Inc. And Subsidiaries Outlook Revised To Stable From Negative; Ratings Affirmed - S&P Global Ratings’ Credit Research
Argo Group US Inc. And Subsidiaries Outlook Revised To Stable From Negative; Ratings Affirmed
Published May 13, 2009
Published May 13, 2009
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About This Report

  
Abstract:

-- Argo Group US Inc. is a national provider of specialty property/casualty insurance. Its Bermuda-based parent acquired a U.K. insurer in 2008, potentially exposing it to greater earnings volatility. -- We are revising our outlook on Argo Group US Inc. and its insurance subsidiaries to stable from negative because we believe the company has adequately addressed our concerns regarding the acquisition. -- We are affirming our ratings on Argo Group US and its subsidiaries. NEW YORK (Standard&Poor's) May 13, 2009--Standard&Poor's Ratings Services today said it revised its outlook on Argo Group US Inc. (AGUS), a wholly owned subsidiary of Bermuda-based Argo Group International Holdings Ltd. (NASDAQ:AGII), and AGUS's insurance company affiliates (collectively referred to as Argo)

  
Report Type:

Ratings Action

Ticker
AGII@US
Issuer
Argo Group US Inc.
GICS
Property & Casualty Insurance (40301040)
Sector
Global Issuers
Country
United States
Region
United States
Format:
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MLA:
S&P Global Ratings’ Credit Research. "Argo Group US Inc. And Subsidiaries Outlook Revised To Stable From Negative; Ratings Affirmed" May 13, 2009. Alacra Store. May 04, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Argo-Group-US-Inc-And-Subsidiaries-Outlook-Revised-To-Stable-From-Negative-Ratings-Affirmed-721769>
  
APA:
S&P Global Ratings’ Credit Research. (). Argo Group US Inc. And Subsidiaries Outlook Revised To Stable From Negative; Ratings Affirmed May 13, 2009. 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-Stable-From-Negative-Ratings-Affirmed-721769>
  
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