Liberty Mutual’s Q1’25 net income surpasses $1bn despite significant cat losses

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Reinsurance News - May 08, 2025

Liberty Mutual Holding Company Inc. (LMHC), a global property and casualty insurer, reported net income attributable to LMHC of $1.025 billion for the first quarter of 2025, down from $1.535 billion in the same period in 2024, as catastrophe losses surged 121% year-on-year. Given the higher cat load...

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