Liberty Mutual Insurance Group

The corporations on our annual list of the world's 500 largest companies combined to generate $41.7 trillion in revenue over the past year.

Fortune Global 500

Almost $20 trillion in revenue—and a record-breaking $1.87 trillion in profits. Introducing the 2025 Fortune 500, the definitive list of the biggest companies in America.

Fortune 500

The 300 companies on this year’s list brought in over $12.6 trillion in revenue for the latest 12 months, with the median revenue figure at $22 billion.

America's Most Innovative Companies

The corporations on our annual list posted aggregate revenues of $41 trillion for the second year in a row.

Industries included in the sector are banks, insurance, and real estate companies.

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The Fortune 500, in its 70th year in 2024, ranks the biggest U.S. companies by revenue.

The 200 companies on this list are transforming industries from the inside out.

The corporations on our annual list of the world’s largest companies delivered a record $41 trillion in aggregate revenues.

The 300 companies on this list are transforming industries from the inside out.

See which workplaces made this year's list.

GPTW Financial Services & Insurance Large 2023-Liberty Mutual Insurance

Employees say: 
 
"Career mobility within business segments and functions makes it an exciting place to continually learn, develop, and make an impact. It is also a diverse and welcoming culture with its myriad employee resource groups that drive awareness, learning, and equal opportunity for folks from all different backgrounds."

Best Large Workplaces in Financial Services and Insurance

The Fortune 500, in its 69th year in 2023, ranks the biggest U.S. companies by revenue.

F500-2023-086-Liberty Mutual Insurance

In CEO David Long’s final year at the helm, the privately owned global property and casualty insurer dropped eight spots on the Fortune 500. 
<ul> 
 	<li>After Long retired at the end of 2022, the company’s board appointed Liberty Mutual veteran Timothy Sweeney as CEO in January 2023.</li> 
 	<li>In 2022, the 111-year-old insurer, based in Boston, saw an 87% decrease in year-over-year profit and a modest gain in revenue of 4%.</li> 
 	<li>Liberty Mutual, along with more than a dozen other insurers, continues to push back against the Boy Scouts’ record $2.46 billion settlement of sexual abuse allegations that obligates the insurers to pay what they say are "invalid and questionable claims."</li> 
</ul>

Aggregate sales hit $37.8 trillion last year—an increase of 19%, the highest annual growth rate in the list’s history.

Employees say: 
 
“The leadership team cares deeply about the health and wellbeing of the people who work at Liberty - at a truly individual level. They regularly pull together teams from across the business to help shape the future of the organizational culture and improve the way in which we work. They act on the ideas and suggestions and make them real - supporting efforts along the way.”

This year’s Fortune 500 marks the 68th running of the list.

F500 2022-078-Liberty Mutual Insurance

Headquartered in Boston, Liberty Mutual is the sixth-largest global property and casualty insurer. In 2021, the company recorded 10% year-over-year revenue growth, thanks in part to greater-than-usual growth from its commercial lines.

Total revenue for the world’s biggest companies fell 4.8% to $31.7 trillion this year—the first decline in half a decade.

<span data-sheets-value="{&quot;1&quot;:2,&quot;2&quot;:&quot;Liberty Mutual Insurance Group jumps up six spots on the list this year as the global property and casualty insurer’s revenues inched up 1.3%. Profit, though, told a different tale: Liberty’s net income of $758 million for 2020 marks a 27.4% decrease from 2019’s net. Liberty’s balance sheets were impacted by the pandemic, and the company suffered additional losses owing to the effects of natural catastrophes including Hurricane Laura and the wildfires on the West Coast. Over the past five years, the company’s annual average revenue growth rate has been a solid 2.1%. CEO David Long recently said the firm’s 2020 net income was bolstered by strong investment performance and positive core underwriting results. Founded in 1912, the Boston-based insurer has earned on spot on the list since 1995 and has been a top 100 company since 2007.&quot;}" data-sheets-userformat="{&quot;2&quot;:14721,&quot;3&quot;:{&quot;1&quot;:0},&quot;10&quot;:2,&quot;11&quot;:4,&quot;14&quot;:{&quot;1&quot;:2,&quot;2&quot;:3422017},&quot;15&quot;:&quot;Calibri&quot;,&quot;16&quot;:11}">Liberty Mutual Insurance Group jumps up 16 spots on the Global 500 list this year as the global property and casualty insurer’s revenues inched up 1.3%. Profit, though, told a different tale: Liberty’s net income of $758 million for 2020 marks a 27.4% decrease from 2019’s net. Liberty’s balance sheets were impacted by the pandemic, and the company suffered additional losses owing to the effects of natural catastrophes including Hurricane Laura and the wildfires on the West Coast. Over the past five years, the company’s annual average revenue growth rate has been a solid 2.1%. CEO David Long recently said the firm’s 2020 net income was bolstered by strong investment performance and positive core underwriting results.

These companies foster supportive cultures, where employees find opportunities for growth with help from their colleagues.

Best Large Workplaces New York 2021-Liberty-Mutual-Insurance

Employees say: 
 
“Through the pandemic and current events, Liberty has worked hard in uniting all of its employees. They've offered great resources and the ability to communicate and better understand each other.”

35 Best Large Workplaces in New York

The best workplaces in financial services and insurance acted as generous corporate citizens amid a year of multiple crises.

Best-Workplaces-Financial-Services-Large-2021-Liberty-Mutual-Insurance

Employees say:  
“My direct manager and his manager take a lot of time to check in with the adjusters that work for them and get to know us both personally and professionally to help us meet our goals.”

This year’s Fortune 500 marks the 67th running of the list.

<span data-sheets-value="{&quot;1&quot;:2,&quot;2&quot;:&quot;Liberty Mutual Insurance Group jumps up six spots on the list this year as the global property and casualty insurer’s revenues inched up 1.3%. Profit, though, told a different tale: Liberty’s net income of $758 million for 2020 marks a 27.4% decrease from 2019’s net. Liberty’s balance sheets were impacted by the pandemic, and the company suffered additional losses owing to the effects of natural catastrophes including Hurricane Laura and the wildfires on the West Coast. Over the past five years, the company’s annual average revenue growth rate has been a solid 2.1%. CEO David Long recently said the firm’s 2020 net income was bolstered by strong investment performance and positive core underwriting results. Founded in 1912, the Boston-based insurer has earned on spot on the list since 1995 and has been a top 100 company since 2007.&quot;}" data-sheets-userformat="{&quot;2&quot;:14721,&quot;3&quot;:{&quot;1&quot;:0},&quot;10&quot;:2,&quot;11&quot;:4,&quot;14&quot;:{&quot;1&quot;:2,&quot;2&quot;:3422017},&quot;15&quot;:&quot;Calibri&quot;,&quot;16&quot;:11}">Liberty Mutual Insurance Group jumps up six spots on the list this year as the global property and casualty insurer’s revenues inched up 1.3%. Profit, though, told a different tale: Liberty’s net income of $758 million for 2020 marks a 27.4% decrease from 2019’s net. Liberty’s balance sheets were impacted by the pandemic, and the company suffered additional losses owing to the effects of natural catastrophes including Hurricane Laura and the wildfires on the West Coast. Over the past five years, the company’s annual average revenue growth rate has been a solid 2.1%. CEO David Long recently said the firm’s 2020 net income was bolstered by strong investment performance and positive core underwriting results. Founded in 1912, the Boston-based insurer has earned on spot on the list since 1995 and has been a top 100 company since 2007.

This year's Fortune Global 500 generated $33.3 trillion in revenues and $2.1 trillion in profits.

In October 2019, Liberty Mutual fully acquired the global surety and reinsurance operations of AmTrust Financial Services in hopes of becoming a top-three global commercial and specialty lines insurer and reinsurer. But overall it was a tough year on paper. The firm’s profits dropped 52%, which the company attributes to its sale of the Liberty Life Assurance Company of Boston. While Liberty has a well-diversified insurance portfolio, CEO David Long recently warned about the company's exposure to insurance payouts related to the coronavirus outbreak. The chief executive is confident Liberty can ride out the storm, thanks in part to its $1.4 billion cash on hand.

This year's Fortune 500 marks the 66th running of the list.

F500-2020-077-Liberty-Mutual-Insurance

In October 2019, Liberty Mutual fully acquired the global surety and reinsurance operations of AmTrust Financial Services in hopes of becoming a top-three global commercial and specialty lines insurer and reinsurer. But overall it was a tough year on paper. The firm’s profits dropped 52%, which the company attributes to its sale of the Liberty Life Assurance Company of Boston. While Liberty has well-diversified insurance offerings, CEO David Long recently warned about its exposure to insurance payouts related to the coronavirus outbreak. But Long expects contractual languages in its policies to prevent "material losses." That said, the CEO is confident Liberty can ride out the storm, thanks in part to its $1.4 billion cash on hand.

This year's Fortune Global 500 generated $27.7 trillion in revenues and $1.5 trillion in profits.

This year's Fortune 500 marks the 65th running of the list.

This year's Fortune 500 marks the 64th running of the list.

Here are the World's Most Admired Companies for 2017 as ranked in their industries. See who made the list.

World's Most Admired Companies

This year's Fortune 500 marks the 63rd running of the list.

This year's Fortune Global 500 generated $27.6 trillion in revenues and $1.5 trillion in profits.

This year's Fortune 500 marks the 62nd running of the list.

The world's 500 largest companies generated $31.2 trillion in revenues and $1.7 trillion in profits in 2014. Together, this year's Fortune Global 500 employ 65 million people worldwide and are represented by 36 countries.

This year's Fortune 500 marks the 61st running of the list. Wal-Mart claims the top spot again. See who made the list.

Global business is back. After limping through a worldwide financial crisis and economic slowdown, the 500 largest companies ranked by revenues shattered all sorts of performance records in 2013: They racked up combined revenues of $31.1 trillion, up 2.5% from 2012, and profits soared 27% to nearly $2 trillion. China’s 95 companies (up from 89 last year) posted $5.8 trillion in revenues. The U.S. has four fewer companies on the list than last year but remains (for now) the country leader, with 128 corporations on the list—including No. 1 Wal-Mart Stores—reporting $8.6 trillion in revenues. 

Wal-Mart stayed on top as its sales crept closer to half-a-trillion dollars. Apple moved into the top five. And UnitedHealth Group continued its steady climb. 

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Liberty Mutual sells insurance products and services, including automobile, homeowners, property and casualty, health, and life insurance products. It also provides local underwriting, market knowledge, and services to small commercial customers. As of 2024, the company was the fifth-largest global property and casualty insurer.

Liberty Mutual Insurance Group

Liberty Mutual Insurance Group in Fortune Rankings