StockNews.AI
PRA
StockNews.AI
153 days

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

1. TDC Group to acquire ProAssurance Corporation; ratings remain unchanged. 2. TDC's strong ratings and stable outlook bolster confidence in PRA's future.

M&A
+48.13%Current Return
VS
-0.29%S&P 500
$15.5403/19 05:18 PM EDTEvent Start
$23.0203/20 11:42 PM EDTLatest Updated
2m saved
Insight
Article

FAQ

Why Bullish?

The acquisition by TDC Group signals confidence in PRA's value. Historical instances show that acquisitions often lead to increased stock performance.

How important is it?

The acquisition directly affects PRA's market positioning and investor confidence, which are crucial for stock performance.

Why Long Term?

The integration of PRA into TDC Group may enhance synergies over time. Successful acquisitions historically improve market position and operational efficiency.

Related Companies

TDCAFLACUNM
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 (Long-Term ICRs) of “a+” (Excellent) of the members of The Doctors Company Insurance Group (TDC Group) (Napa, CA) are unchanged following the March 19, 2025, announcement that TDC Group will acquire all outstanding shares of ProAssurance Corporation (PRA) (NYSE: PRA) (Birmingham, AL). The outlook of TDC Group's Credit Ratings (ratings) is stable. The.

Related News