Liberty Mutual CoR improves 2.6 points on lighter cat quarter
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Liberty Mutual CoR improves 2.6 points on lighter cat quarter

Giovanna Bellotti Azevedo
May 05, 2022
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Liberty Mutual’s combined ratio declined by 2.6 points to 98.9%, driven by lower catastrophe losses in the first quarter of 2022.

Pre-tax catastrophe losses in Q1 were $656mn, down from $1bn in the previous year's quarter.

The Boston-based mutual reported pre-tax operating income of $764mn, down 16.4%

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