Liberty Mutual NWP rises 11%, Q2 underwriting income nears $200mn
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Liberty Mutual NWP rises 11%, Q2 underwriting income nears $200mn

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Liberty Mutual’s net income surged to $769mn in the quarter, lifted by strong investment results, lower catastrophes and higher earned premiums, which offset a jump in attritional loss activity.

Underwriting income totaled $196mn in the quarter, a big bounce from the $49mn the company earned last year when it was beset by $878mn in catastrophe losses and $529mn in pandemic claims.

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