A.M. Best has affirmed the Financial Strength Rating (FSR) of A (Excellent) and the Long-Term Issuer Credit Ratings (Long-Term ICR) of "a" of the members of Liberty Mutual Insurance Companies (Liberty Mutual). These entities are operating subsidiaries of their ultimate parent company, Liberty Mutual Holding Co. Inc. (LMHC).

Concurrently, A.M. Best has affirmed the Long-Term ICRs of "bbb" of LMHC and Liberty Mutual Group Inc. (LMGI), a wholly owned subsidiary of LMHC, as well as the Long-Term Issue Credit Ratings (Long-Term IR) of LMGI. The outlook of these Credit Ratings (ratings) is stable. In addition, A.M. Best has affirmed the Short-Term Issue Credit Rating (Short-Term IR) of AMB-2 of LMGI. All the above named companies are domiciled in Boston, MA.

The ratings of Liberty Mutual's members reflect the group's balance sheet strength, which A.M. Best categorizes as very strong, as well as its adequate operating performance, favorable business profile and appropriate enterprise risk management (ERM).