Liberty Mutual has reported net income attributable to shareholders of $6.8bn in 2025, a 55% increase compared to $4.34bn in the previous year. Annual revenue increased marginally by 0.5% to $50.5bn, while net premiums written fell by 3.1% to $43.6bn from $44.9bn last year. The insurer recorded a combined ratio of 88.4%, down from 95.9% for 2024. Catastrophe-related losses over the same period dropped by 28.7%, totalling $2.8bn compared to $3.9bn in 2024. Segment results showed a 6.4% decrease in net ...