Liberty Mutual Q4 operating income leaps to $1.27bn amid broad rate hikes
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Liberty Mutual Q4 operating income leaps to $1.27bn amid broad rate hikes

Liberty Mutual Insurance logo boardroom reflection new 2022.jpg

Liberty Mutual said its Q4 operating income more than doubled despite “headwinds” in its personal auto segment, as net written premium jumped 9.2% amid broad rate increases.

The Boston-based mutual reported pre-tax operating income of $1.27bn, up from $461mn in Q4 2020. Net income for the quarter more than quadrupled to $722mn, from $162mn the prior year, boosted by big gains in investment income.

Net

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