Fitch Revises Liberty Mutual's Rating Outlook to Positive

Fitch Ratings has revised its outlook for Liberty Mutual Group Inc. from stable to positive for all ratings, as the company’s operating performance has improved relative to its peers. Liberty Mutual traditionally generates weaker underwriting results relative to peers, a difference that has moderately narrowed in recent years, Fitch said last week. Underwriting results have improved materially over the past three years at Liberty Mutual Group, Fitch said, with the company reporting a 98.9% consolidated combined ratio for the first half of 2016, and a 97.8% combined ratio for full-year ...