Liberty Mutual records $1.2bn in Q3 cats, underwriting loss widens to $470mn
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Liberty Mutual records $1.2bn in Q3 cats, underwriting loss widens to $470mn

James Thaler
November 04, 2021
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DONT USE OLD DONT USE

Liberty Mutual’s third-quarter underwriting loss grew to $470mn, the company has said, as its catastrophe-loss bill rose to $1.2bn from $980mn a year ago.

Net income increased to $721mn, helped by net investment income that was more than 50% higher at $1.4bn, versus $915mn last year.

Net

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Liberty MutualNewsResultsEarnings
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James Thaler
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