NU Online News Service, Oct. 4, 2:23 p.m. EDT
Standard & Poor's has revised the outlook on Liberty Mutual Group Inc.'s A-minus insurer financial strength ratings to positive from stable, reflecting the group's improved 2010 results and 2011 first-half performance that compares favorably to peers.
"We believe and expect Liberty's workers' compensation book to exert moderate downward pressure on operating profitability, but we expect other lines of business to perform substantially better, with a combined ratio of less than 100," S&P says.
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