Fitch Withdraws Bridgefield Casualty and Bridgefield Employers Ratings

CHICAGO--(BUSINESS WIRE)-- Fitch Ratings has withdrawn the 'A-' Insurer Financial Strength (IFS) ratings of Bridgefield Casualty Insurance Company and Bridgefield Employers Insurance Company following the sale of these subsidiaries by Liberty Mutual Group, Inc. to American Financial Group, Inc. which Fitch does not currently rate.

Accordingly, Fitch will no longer provide ratings or analytical coverage for these Bridgefield entities.

RATING SENSITIVITIES

Rating Sensitivities are not applicable as the ratings have been withdrawn.

FULL LIST OF RATING ACTIONS

Fitch has withdrawn the following ratings:

Bridgefield Casualty Insurance Company

Bridgefield Employers Insurance Company

--IFS 'A-';

The Rating Outlook is Stable.

Relevant Rating Committee Date: Dec. 21, 2015.

Additional information is available at 'www.fitchratings.com'.

Applicable Criteria

Insurance Rating Methodology (pub. 16 Sep 2015)

https://www.fitchratings.com/creditdesk/reports/report_frame.cfm?rpt_id=871172

Additional Disclosures

Solicitation Status

https://www.fitchratings.com/gws/en/disclosure/solicitation?pr_id=1003501

Endorsement Policy

https://www.fitchratings.com/jsp/creditdesk/PolicyRegulation.faces?context=2&detail=31

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Fitch Ratings

Primary Analyst

Jeremy R. Graczyk
Associate Director

+1-312-368-3208

Fitch Ratings, Inc.

70 W. Madison Street

Chicago, IL 60602

or

Secondary Analyst

Gerald B. Glombicki, CPA

Director

+1-312-606-2354

or

Committee Chairperson

Julie A. Burke, CPA, CFA

Managing Director

+1-312-368-3158

or

Media Relations

Alyssa Castelli, New York, +1-212-908-0540

[email protected]

Elizabeth Fogerty, New York, +1-212-908-0526

[email protected]

Source: Fitch Ratings