Liberty Mutual CoR drops 2.3 points to 96.9% as NWP growth decelerates
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Liberty Mutual CoR drops 2.3 points to 96.9% as NWP growth decelerates

Liberty Mutual logo Boston 2022 new.jpg

Liberty Mutual reported a 2.3-point decrease in its headline combined ratio to 96.9%, while its underlying combined ratio stayed relatively flat.

The improvement was driven by higher earned premium and lower employee-related costs, as well as more favorable cat-loss development.

This

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