Moody's Investor Service has affirmed the A1 insurance financial strength ratings for Liberty Mutual Insurance.
In the same action, Moody's changed the outlook on all ratings, except the commercial paper rating, to negative from stable.
The change in outlook reflects concerns surrounding the company's asbestos exposures, and the risk that leverage could continue to escalate if premium growth outpaces capital generation.
The rating agency also added that the current financial market environment heightens the risk that Liberty's investment strategy could continue to produce unrealised losses.
The 2025 Insurance Times Awards took place on the evening of Wednesday 3rd December in the iconic Great Room of London’s Grosvenor House.
Hosted by comedian and actor Tom Allen, 34 Gold, 23 Silver and 22 Bronze awards were handed out across an amazing 34 categories recognising brilliance and innovation right across the breadth of UK general insurance.
Hosted by comedian and actor Tom Allen, 34 Gold, 23 Silver and 22 Bronze awards were handed out across an amazing 34 categories recognising brilliance and innovation right across the breadth of UK general insurance.
Many congratulations to all the worthy winners and as always, huge thanks to our sponsors for their support and our judges for their expertise.
