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CHICAGO--(BUSINESS WIRE)-- Fitch Ratings has withdrawn the 'A-' Insurer Financial Strength (IFS) ratings of Bridgefield Casualty Insurance Company and Bridgefield Employers Insurance Company following the sale of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Rating Sensitivities are not applicable as the ratings have been withdrawn.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Fitch has withdrawn the following ratings: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

ALL FITCH CREDIT RATINGS ARE SUBJECT TO CERTAIN LIMITATIONS AND DISCLAIMERS. PLEASE READ THESE LIMITATIONS AND DISCLAIMERS BY FOLLOWING THIS LINK: HTTP://FITCHRATINGS.COM/UNDERSTANDINGCREDITRATINGS. IN ADDITION, RATING DEFINITIONS AND THE TERMS OF USE OF SUCH RATINGS ARE AVAILABLE ON THE AGENCY'S PUBLIC WEBSITE 'WWW.FITCHRATINGS.COM'. PUBLISHED RATINGS, CRITERIA AND METHODOLOGIES ARE AVAILABLE FROM THIS SITE AT ALL TIMES. FITCH'S CODE OF CONDUCT, CONFIDENTIALITY, CONFLICTS OF INTEREST, AFFILIATE FIREWALL, COMPLIANCE AND OTHER RELEVANT POLICIES AND PROCEDURES ARE ALSO AVAILABLE FROM THE 'CODE OF CONDUCT' SECTION OF THIS SITE. FITCH MAY HAVE PROVIDED ANOTHER PERMISSIBLE SERVICE TO THE RATED ENTITY OR ITS RELATED THIRD PARTIES. DETAILS OF THIS SERVICE FOR RATINGS FOR WHICH THE LEAD ANALYST IS BASED IN AN EU-REGISTERED ENTITY CAN BE FOUND ON THE ENTITY SUMMARY PAGE FOR THIS ISSUER ON THE FITCH WEBSITE.

View source version on businesswire.com: http://www.businesswire.com/news/home/20160428006551/en/

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

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