Company Overview

2014 Annual Review

Boston-based Liberty Mutual Insurance Group is a diversified global insurer, the third-largest property and casualty (P&C) insurer in the U.S. based on 2013 direct written premium and the sixth-largest P&C insurer in the world based on 2013 gross written premium.

Liberty Mutual Insurance Group offers a wide range of insurance products and services, including personal automobile, homeowners, global specialty, commercial multiple-peril, workers compensation, commercial automobile, general liability, group disability and life, individual life and health, surety and assumed reinsurance, through four strategic business units:

Personal Insurance | Commercial Insurance | Liberty International | Global Specialty

Liberty Mutual Insurance Group’s pre-tax operating income for 2014 was $2.970 billion, an increase of $504 million over 2013. Net investment income was $3.167 billion on cash flows from operations of $1.237 billion.

Net income increased to $1.833 billion, an increase of $90 million, or 5.2 percent, over 2013, and total equity increased by $1.290 billion to $20.302 billion.

$3.0B

Pre-tax operating income

$3.2B

Net investment income

$1.8B

Net income

$20.0B

Total equity

Strategic Business Units

$36.3 billion 2014 net written premium

Significant Lines of Business

$36.3 billion 2014 net written premium

Revenues

In Billions
  • 2013 Total Revenue $38.4
  • 2014 Total Revenue $39.6

Pre-Tax Operating Income

In Billions
  • 2013 Pre-tax Operating Income $2.5
  • 2014 Pre-tax Operating Income $3.0