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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 financial ratings remain stable pre-acquisition by The Doctors Company. 2. Stable ratings may indicate strong future performance post-acquisition.

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$15.5403/19 05:33 PM EDTEvent Start

$23.0203/20 11:58 PM EDTLatest Updated
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FAQ

Why Bullish?

Stable ratings from AM Best suggest robust financial health, enhancing investor confidence. In previous M&A scenarios, stable credit ratings often precede positive price movements.

How important is it?

The article discusses a significant acquisition and stable ratings, likely attracting investor interest. Such developments are critical for PRA's market perception and future growth prospects.

Why Short Term?

The immediate reaction to the acquisition announcement and ratings may influence short-term trading. Historical stock movements show M&A news typically affects price in the weeks following announcements.

Related Companies

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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