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AM Best Revises Outlooks to Stable for Argo Group International Holdings, Inc. and Its Subsidiaries

1. AM Best revised outlook to stable from positive for Argo Group. 2. Argo Group's credit ratings remain affirmed despite the outlook change.

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FAQ

Why Bearish?

The downgrade in outlook can signal potential risks influencing investor sentiment. Historical instances show outlook changes often lead to stock price declines in the near term.

How important is it?

The stable outlook may limit growth perceptions, impacting investment decisions and ultimately the stock price. Market participants often weigh rating agency opinions heavily.

Why Short Term?

Market reactions to rating outlook changes typically occur quickly, influencing stocks shortly after announcements.

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AFLTRVHIG
OLDWICK, N.J.--(BUSINESS WIRE)--AM Best has revised outlooks to stable from positive and affirmed the Long-Term Issuer Credit Rating (Long-Term ICR) of “bbb-” (Good) and the associated Long-Term Issue Credit Ratings (Long-Term IR) of Argo Group International Holdings, Inc. (Argo Group) (headquartered in New York, NY). In addition, AM Best has revised the outlooks to stable from positive and affirmed the Financial Strength Rating (FSR) of A- (Excellent) and the Long-Term ICRs of “a-” (Excellent).

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