Liberty Mutual News
Energy Investments Drove Liberty Mutual’s Q2 Net Income Down 94%
Losses from energy investments caused a drop of more than 90 percent in Liberty Mutual's 2016 second quarter net income, though net written premium grew and the combined ratio improved slightly. Net ...
XL Catlin, Liberty Mutual Back Internet of Things/Home Security Startup
XL Catlin and Liberty Mutual are among the backers of a new startup focused on developing Internet of Things-related home security technology, with an eye on reducing property damage risks. The ...
ACE/Chubb Merger Makes it a Major U.S. P/C Player: Fitch
The massive $29.5 billion ACE/Chubb merger in 2015 vaulted the combined company to seventh place in the U.S. property/casualty insurance market. But the remaining top 10 rankings saw few other ...
Texas Hailstorms Poised to Bring Insured Losses Above 9-Year Average: A.M. Best
Springtime hailstorms in the Dallas-Fort Worth region of Texas are adding up to some significant insured losses that could exceed the 9-year average, according to the latest A.M. Best briefing. Two ...
Executives On The Move at Ironshore, Liberty Mutual, Selective, and More
Ironshore International added a new underwriting manager to help build up its terrorism coverage in Asia Pacific. Selective Insurance's CFO is retiring. Liberty Mutual and Sompo Canopius AG promoted ...
Liberty Mutual Ended 2015 Bruised by Catastrophe Losses
Liberty Mutual Insurance ended 2015 in the black, but higher losses from catastrophes and other hits hurt its performance during the year. Parent Liberty Mutual Holding Co. booked $411 million in net ...
Many Insurers See Google as Potential Threat: Report
More than 40 percent of insurers see Google as a potential threat because of its strong brand and ability to use customer data, a report released on Tuesday said. And young, mobile phone-friendly ...
Liberty Mutual Grows Chile Market Share with New Acquisition
With one acquisition, Liberty Mutual Insurance has become a dominant player in Chile, a decade after first entering the market there. The Massachusetts-based property/casualty insurer said it has ...