Fitch rates Liberty Mutual

Fitch Ratings said it assigned a BBB- debt rating to Liberty Mutual Group Inc.'s two new senior debt issuances totaling $500 million.

Additionally, the agency said it affirmed Liberty Mutual's issuer default rating at BBB and the insurance operating subsidiaries' insurer financial strength ratings at A-.

The outlook is positive.

Fitch said the affirmation of Liberty Mutual's operating subsidiary ratings are based on the company's established and sustainable positions in its chosen markets, benefits derived from the company's multiple distribution channels, improved core underwriting earnings and good liquidity profile.

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