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AM Best Comments on Credit Ratings of ProAssurance Group Members and ProAssurance Corporation Following Announced Acquisition by The Doctors Company Insurance Group

1. ProAssurance's ratings remain stable despite acquisition by TDC Group. 2. AM Best maintains excellent ratings for ProAssurance, indicating robust financial health.

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FAQ

Why Bullish?

The stable ratings signal confidence in PRA's financials during the acquisition, historically leading to price stability or increases in such scenarios.

How important is it?

The acquisition and stable ratings signal significant market confidence, making it likely to affect PRA positively.

Why Short Term?

The immediate market reaction to merger news usually affects stock prices within weeks, as seen with similar acquisitions in the insurance sector.

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TDCGAIAG
OLDWICK, N.J.--(BUSINESS WIRE)-- #insurance--AM Best has commented that the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Ratings of “a+” (Excellent) of the members of ProAssurance Group (ProAssurance) are unchanged following the March 19, 2025, announcement that all outstanding shares of ProAssurance Corporation (PRA) (NYSE: PRA) (Birmingham, AL) will be acquired by The Doctors Company Insurance Group (TDC Group). The outlook of ProAssurance's Credit Ratings (ratings) is stable.

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