Cat losses added 9.5 points to the CoR, up from 6.4 points last year. That was partially offset by reserve releases of $152mn, or 1.3
Inflation, cat losses push Liberty Mutual to Q2 underwriting loss as CoR jumps to 105%
![Liberty Mutual Insurance logo boardroom reflection new 2022.jpg](https://assets.euromoneydigital.com/dims4/default/66f0432/2147483647/strip/true/crop/700x410+0+0/resize/840x492!/quality/90/?url=http%3A%2F%2Feuromoney-brightspot.s3.amazonaws.com%2F30%2Fdf%2F210378b9413cb019b84da3f08198%2Fliberty-mutual-insurance-logo-boardroom-reflection-new-2022.jpg)
Cat losses added 9.5 points to the CoR, up from 6.4 points last year. That was partially offset by reserve releases of $152mn, or 1.3