Progressive Corp (PGR.N)
1 Jun 2015
(The following statement was released by the rating agency) CHICAGO, January 21 (Fitch) Fitch Ratings expects to assign an 'A' rating to Progressive Corporation's (NYSE: PGR) $400 million issuance of senior unsecured notes maturing in 2045. The new notes' rating is equivalent to the ratings on PGR's existing senior debt. KEY RATING DRIVERS Fitch's anticipated rating reflects PGR's strong balance sheet and Fitch's belief that PGR's financial leverage, as measured by total debt to total capi
(The following statement was released by the rating agency) CHICAGO, December 17 (Fitch) Fitch Ratings has affirmed the Progressive Corporation's (NYSE: PGR) Issuer Default Rating (IDR) of 'A+', senior debt ratings of 'A', and junior debt rating of 'BBB+'. Fitch also affirms Progressive's operating subsidiaries' Insurer Financial Strength (IFS) rating at 'AA'. A complete list of ratings follows the end of the release. The Rating Outlook is Stable. KEY RATING DRIVERS Fitch's affirmation foll
- Progressive Corp , a provider of auto insurance products, said it would acquire a controlling stake in property insurer ARX Holding Corp for $875 million in cash.
Dec 16 - Progressive Corp, a provider of auto insurance products, said it would acquire a controlling stake in property insurer ARX Holding Corp for $875 million in cash.
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|American International Group Inc (AIG_pa.N)||--||--|
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