Rating agency Fitch has assigned an `A-' rating to Liberty Mutual Insurance Co.'s (Liberty Mutual) outstanding surplus notes.
Fitch has also assigned an `A' long-term rating to Liberty Mutual Capital Corp. (LCC) and an `A' rating to LCC's $300 million medium-term note (MTN) program. The Rating Outlooks are Stable. In addition, Fitch has assigned an `F1' rating to LCC's $600 million commercial paper program.
LCC is a wholly owned subsidiary of Liberty Mutual and Liberty Mutual guarantees LCC's obligations under its MTN and commercial paper programs.
The ratings are supported by Liberty Mu...
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