Liberty Mutual profits nosedive 81% in H1 due to COVID-19 downturn

Profit at Liberty Mutual declined 81.3 percent in the first half of the year and the combined ratio worsened due to the significant impact from COVID-19 and consequent economic downturn as well as above average catastrophe losses.

The rest of this article is locked. Please login to continue reading.

If you don't have a login, you will need to purchase a subscription to gain access to this article, and all the other content. Please use this link and follow the steps.

To take out a free two week trial, use the same link but select the 'trial' option in the dropdown box.

For multi-user price options, or to check if your company has an existing subscription we can add you into, please email Elliot at efield@newtonmedia.co.uk

Liberty Mutual, 2020 Results, H1, Coronavirus, Insurance, Reinsurance, David Long, North America

More on this story

Liberty Mutual reports strong Q1 profit growth despite rise in cat losses
07-05-2021

Liberty Mutual mergers surety and guarantee operations in Europe
02-03-2021

Profits rebound at Liberty driven by investment gains, despite high cat losses
06-11-2020

Liberty Mutual Q1 profits slip due to COVID-19 market volatility
15-05-2020

COVID-19 impact similar to 'moderately sized catastrophe loss': Liberty Mutual CEO
29-04-2020

Liberty Mutual profits nosedive 81% in H1 due to COVID-19 economic downturn

More on this story

Other related

More on this story

Sign up for the newsletter