Fitch's ratings on Safeco reflect the organization's favorable earnings trends, strong competitive position in key
business lines, and overall solid capitalization.
Hub International's strategy is to expand its market share in the highly fragmented North American insurance broker industry by acquiring quality brokerages in key
geographic regions serving middle-market commercial businesses, to leverage its decentralized approach in order to differentiate its services and to capitalize on its scale to provide broad product offerings to its clients through multiple distribution channels.
Liberty Mutual's rating continues to reflect the company's strong competitive position in key
business lines, high- quality investment portfolio, and expense efficiencies relative to its peers.