Liberty Q2 income hit by ‘unusual volatility’ as cat losses bite

Liberty’s CEO Long sees Q2 2019 net income drop as cats cause ‘unusual volatility’

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Liberty Mutual Insurance saw a considerable drop in its net income in Q2 2019 from the same quarter a year earlier, as chairman and chief executive David Long highlighted “unusual volatility” caused by Typhoon Jebi and higher than expected non-catastrophe loss activity.

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Liberty Mutual Insurance, Results 2019, Insurance, Reinsurance, Catastrophe, David Long, North America

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Liberty’s CEO Long sees Q2 2019 net income drop as cats cause ‘unusual volatility’

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