A.M. Best Comments on the Pending Acquisition of The Ohio Casualty Corporation by Liberty Mutual Holding Company, Inc.OLDWICK, N.J. -- A.M. Best Co. has commented that the ratings of Ohio Casualty Corporation (Ohio Casualty) (Fairfield, OH) [NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on : OCAS OCAS abbr. Organization of Central American States OCAS n abbr (= Organization of Central American States) → ODECA f OCAS n abbr (= ] and its operating subsidiaries remain unchanged following today's announcement that Liberty Mutual Group, Inc. (LMGI) will be acquiring Ohio Casualty. LMGI and Ohio Casualty have executed a purchase agreement and are entering the regulatory approval process, with the transaction expected to close later this year. A.M. Best will monitor the progress of this transaction going forward. For Best's Ratings Best's rating A rating A.M. Best Co. assigns to insurance companies based on the company's ability to meet its obligations to its policyholders. , an overview of the rating process and rating methodologies, please visit www.ambest.com/ratings. Founded in 1899, A.M. Best Company is a full-service credit rating organization dedicated to serving the financial services The examples and perspective in this article or section may not represent a worldwide view of the subject. Please [ improve this article] or discuss the issue on the talk page. industries, including the banking and insurance sectors. For more information, visit www.ambest.com. |
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