Liberty Mutual falls to Q1 loss of $74 million as catastrophes take heavy toll
Reinsurance News - May 11, 2023
Liberty Mutual Holding Company has reported a net loss of $74 million in Q1 of 2023, which the firm’s CEO attributes primarily to “elevated catastrophe losses largely driven by severe weather storms across the Midwest.” The reported Q1 net loss compares to a net income attributable...
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