Best Affirms Liberty Mutual Rating of A+

A.M. Best Co. has affirmed the financial strength rating of A+ (Superior) for Liberty Mutual Insurance Companies, Boston. As of September 27, 2001, the rating for Liberty Mutual, which applies to the 13 pool members, eight reinsured affiliates and two international affiliates, was placed under review due to uncertainty regarding the potential impact of the World Trade Center tragedy on its capitalization. While Liberty Mutual has an estimated $300 million after-tax loss related to the WTC tragedy, it successfully completed the sale of both the asset management and the annuity and bank mark...