Ratings agency AM Best has revised its outlook for Argus from negative to stable.“We are pleased that AM Best has recognised the success of our two main operating units and holding company by revising the outlook to stable,” said Alison Hill, CEO of the Argus Group.“We are delighted that A.M. Best has taken into account our return to profitability, the strengthening of the company’s capital and the improvement of our asset quality. Furthermore, we are happy that AM Best has recognised our underwriting strength and net income results that turned positive in 2012 and continue to remain favourable.”Last March AM Best affirmed Argus’s B++ financial strength rating with a negative outlook.