Liberty Mutual’s net income rises 55% for FY’25 amid lower cat losses

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Reinsurance News - Mar 05, 2026

Liberty Mutual Holding Company Inc. (LMHC), a global property and casualty insurer, has reported full year 2025 net income growth of 55% to $6.8 billion, compared to $4.4 billion for FY’24, with an improved combined ratio of 88.4% compared to 95.9% for FY’24. Net income rose by 37.1% to $1.7 billion...

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