{"id":27251,"date":"2026-06-27T02:19:00","date_gmt":"2026-06-27T00:19:00","guid":{"rendered":"http:\/\/stocks-future.com\/?guid=d513cd5c67ecafd848fccd30d2a2bc98"},"modified":"2026-06-27T02:19:00","modified_gmt":"2026-06-27T00:19:00","slug":"am-best-affirms-credit-ratings-of-liberty-mutual-surety-brasil-seguros-s-a","status":"publish","type":"post","link":"https:\/\/stocks-future.com\/?p=27251","title":{"rendered":"AM Best Affirms Credit Ratings of Liberty Mutual Surety Brasil Seguros S.A."},"content":{"rendered":"

MEXICO CITY--(BUSINESS WIRE)--AM Best <\/b>has affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating of \u201ca-\u201d (Excellent) of Liberty Mutual Surety Brasil Seguros S.A. (LMSB) (S\u00e3o Paulo, Brazil). The outlook of these Credit Ratings (ratings) is stable.<\/p><\/a><\/a>

\nThe ratings reflect LMSB\u2019s balance sheet strength, which AM Best assesses as strong, as well as its adequate operating performance, limited business profile and appropriate enterprise risk management (ERM). The ratings also consider support from LMSB\u2019s ultimate parent, Liberty Mutual Insurance Company (Liberty Mutual).<\/p>

\nThe stable outlooks represent the historical, profitable operating performance of Liberty Mutual's surety business in Brazil, as well as the extensive implicit and explicit support provided by Liberty Mutual via its ERM and legal considerations, underwriting\/claims, investments and other support services. The outlooks further contemplate that this entity will maintain sufficient balance sheet metrics and risk-adjusted capitalization to be supportive of the ratings.<\/p>

\nLMSB is a niche player that currently writes large local and corporate accounts in various business sectors, exclusively in Brasil. Despite the high level of competition in the country, the company leverages its long-term producer partnerships across multiple distribution sources, as well as Liberty Mutual\u2019s deep experience and expertise in writing surety worldwide. LMSB\u2019s balance sheet strength is supported by its strongest level of risk-adjusted capitalization, as measured by Best\u2019s Credit Adequacy Ratio (BCAR). The balance sheet strength assessment considers LMSB\u2019s solid reinsurance program with Liberty Mutual, as well as a conservative investment philosophy.<\/p>

\nThe business LMSB writes has shown consistent profitability historically, while underwriting income is expected to be augmented by investment returns in a double-digit interest rate environment. The company\u2019s risk management frameworks and capabilities are considered appropriate and aligned with its stated risk profile, along with guidance and oversight by Liberty Mutual.<\/p>

\nNegative rating actions could occur with any reduction in support as provided by Liberty Mutual. While unlikely, positive rating movement could be considered if operating performance metrics were to align with strong-rated peers. Negative rating actions also could take place if the expectations of the business plan are not met.<\/p>

\nThis press release relates to Credit Ratings that have been published on AM Best\u2019s website. For all <\/b>rating information relating to the release and pertinent disclosures, including details of the office responsible for issuing each of the individual ratings referenced in this release, please see AM Best\u2019s <\/b>Recent Rating Activity<\/b><\/a> web page. For additional information regarding the use and limitations of Credit Rating opinions, please view <\/b>Guide to Best\u2019s Credit Ratings<\/b><\/a>. For information on the proper use of Best\u2019s Credit Ratings, Best\u2019s Performance Assessments, Best\u2019s Preliminary Credit Assessments and AM Best press releases, please view <\/b>Guide to Proper Use of Best\u2019s Ratings & Assessments<\/b><\/a>.<\/b><\/p>

\nAM Best is a global credit rating agency, news publisher and data analytics provider specializing in the insurance industry. Headquartered in the United States, the company does business in over 100 countries with regional offices in London, Amsterdam, Dubai, Hong Kong, Singapore and Mexico City. For more information, visit <\/b>www.ambest.com<\/b><\/a>.<\/b><\/p>

\nCopyright \u00a9 2026 by A.M. Best Rating Services, Inc. and\/or its affiliates. ALL RIGHTS RESERVED.<\/b><\/p> Contacts<\/b>

\nRicardo Rodr\u00edguez, CPCU<\/b>Senior Financial Analyst<\/b>+52 55 1102 2720, ext. 139<\/b>ricardo.rodriguez@ambest.com<\/a>\nAlfonso Novelo<\/b>Senior Director, Analytics<\/b>+52 55 1102 2720, ext. 107<\/b>alfonso.novelo@ambest.com<\/a>\nChristopher Sharkey<\/b>Associate Director, Public Relations<\/b>+1 908 882 2310<\/b>christopher.sharkey@ambest.com<\/a>\nAl Slavin<\/b>Senior Public Relations Specialist<\/b>+1 908 882 2318<\/b>al.slavin@ambest.com<\/a><\/p>","protected":false},"excerpt":{"rendered":"

MEXICO CITY–(BUSINESS WIRE)–AM Best has affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating of \u201ca-\u201d (Excellent) of Liberty Mutual Surety Brasil Seguros S.A. (LMSB) (S\u00e3o Paulo, Brazil). The outlook of these …<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-27251","post","type-post","status-publish","format-standard","hentry","category-infos-businesswire"],"_links":{"self":[{"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/posts\/27251","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/stocks-future.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=27251"}],"version-history":[{"count":1,"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/posts\/27251\/revisions"}],"predecessor-version":[{"id":27252,"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/posts\/27251\/revisions\/27252"}],"wp:attachment":[{"href":"https:\/\/stocks-future.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=27251"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/stocks-future.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=27251"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/stocks-future.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=27251"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}