Article ID: 98001db8543654bd6a78537a866d2a492ef4277ae8bf707e1aee5207e806866a
Source ID: secondary:businessinsurance.com
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URL: https://www.businessinsurance.com/liberty-mutual-reports-37-profit-increase-in-q4/
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Liberty Mutual reports 37% profit increase in Q4 - Business Insurance Skip to content Register for free Search Search Log In Risk Management Cyber Risks Pricing Trends Mergers & Acquisitions Technology Sponsored Content WSIA RISKWORLD Workers Comp & Safety Workers Comp Cost Control Pain Management Workplace Safety International EMEA Asia-Pacific Latin America People Events BI Intelligence Top 100 Agents & Brokers Best Places to Work 2025 Lists Directories Insurance Pricing BI Stock Index Magazine Current Issue Past Issues Subscribe Women to Watch ALL INsurance Resources Risk Perspectives Sponsored Content Webinars White Papers Risk Management Cyber Risks Pricing Trends Mergers & Acquisitions Technology Sponsored Content WSIA RISKWORLD Workers Comp & Safety Workers Comp Cost Control Pain Management Workplace Safety International EMEA Asia-Pacific Latin America People Events BI Intelligence Top 100 Agents & Brokers Best Places to Work 2025 Lists Directories Insurance Pricing BI Stock Index Magazine Current Issue Past Issues Subscribe Women to Watch ALL INsurance Resources Risk Perspectives Sponsored Content Webinars White Papers Risk Management Cyber Risks Pricing Trends Mergers & Acquisitions Technology Sponsored Content WSIA RISKWORLD Workers Comp & Safety Workers Comp Cost Control Pain Management Workplace Safety International EMEA Asia-Pacific Latin America People Events BI Intelligence Top 100 Agents & Brokers Best Places to Work 2025 Lists Directories Insurance Pricing BI Stock Index Magazine Current Issue Past Issues Subscribe Women to Watch ALL INsurance Resources Risk Perspectives Sponsored Content Webinars White Papers Risk Management Cyber Risks Pricing Trends Mergers & Acquisitions Technology Sponsored Content WSIA RISKWORLD Workers Comp & Safety Workers Comp Cost Control Pain Management Workplace Safety International EMEA Asia-Pacific Latin America People Events BI Intelligence Top 100 Agents & Brokers Best Places to Work 2025 Lists Directories Insurance Pricing BI Stock Index Magazine Current Issue Past Issues Subscribe Women to Watch ALL INsurance Resources Risk Perspectives Sponsored Content Webinars White Papers Liberty Mutual reports 37% profit increase in Q4 by Louise Esola Tim Sweeney Financial Results , P/C Insurers Liberty Mutual Mar 5, 2026 Liberty Mutual Insurance reported fourth-quarter net income of $1.7 billion, up 37% from the year-ago period, as improved underwriting results and investment income boosted earnings, the Boston-based insurer said in a statement issued Thursday. For the quarter ended Dec. 31, the insurer posted a consolidated combined ratio of 85.0%, an improvement from 91.5% in the prior-year quarter. Catastrophe claims costs fell 28.7% compared with the same period last year, according to the results. Chairman and CEO Tim Sweeney said in the statement the results reflected progress in underwriting profitability and this lower catastrophe activity. “We made measurable progress on underwriting profitability in the fourth quarter,” Mr. Sweeney said, noting that favorable prior-year reserve development and reduced catastrophe losses helped drive results. The insurer reported total revenue of $12.8 billion for the quarter, up 4.4% from $12.22 billion a year earlier. Pre-tax operating income rose 22% to $2.61 billion, aided in part by $790 million in limited partnership investment income. Net written premium totaled $10.6 billion, essentially flat compared with the prior year. For the full year, Liberty Mutual reported net income attributable to the company of $6.79 billion, up from $4.4 billion in 2024. The company posted a full-year combined ratio of 88.4%, compared with 95.9% in the prior year, marking what Mr. Sweeney called the company’s lowest combined ratio in recent history. The earnings statement disclosed that the company closed the sale of its operations in Vietnam to Chubb on Feb. 2. Related News Former Hub executive Macumber joins Highstreet March 5, 2026 Survey: Most Americans ignore insurance until something beeps March 5, 2026 Commercial insurance renewal hikes slow in February: Ivans March 5, 2026 Berkshire Hathaway resumes stock buybacks March 5, 2026 More tankers come under attack as US-Iran conflict spreads March 5, 2026 Beazley’s profit slips March 5, 2026 Dubai properties hit by Iran strikes face coverage uncertainty March 5, 2026 France flood damage estimated at $3.5B March 5, 2026 Trump orders insurance for ships in Gulf March 5, 2026 Facebook-f X-twitter Linkedin-in Business Insurance is a singular, authoritative news and information source for executives focused upon risk management, risk transfer and risk financing. Never miss important news: Become a Business Insurance Online subscriber today Subscribe Now Information About Us Contact Advertise Privacy Policy Terms & Conditions Copyright 2026. BUSINESS INSURANCE HOLDINGS Member, Beacon International Group, Ltd.
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