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    Home - Insurance - Liberty Mutual suffers half a billion drop in net income
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    Liberty Mutual suffers half a billion drop in net income

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    Liberty Mutual suffers half a billion drop in net income
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    “Our first-quarter results reflect progress in underwriting and investment performance,” said Tim Sweeney, Liberty Mutual chairman and CEO. “We saw a 6.5-point improvement in our underlying combined ratio, reaching 81.9% for the quarter. Despite higher catastrophe losses, including those tied to wildfires in California, our total combined ratio stood at 96.6%.”



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