As with its peers, business at the Boston-based property and casualty insurance company sunk considerably in the wake of severe weather and auto collisions and resulting catastrophe claims. The company ended 2016 with revenues of $38.3 billion and profits of $1 billion, a 96% increase over 2015. But its final three months of the year were the opposite, with profits down 65% to $143 million from the same quarter the year before. 2017 hasn't been much better: Liberty Mutual recorded profits of $351 million in the first quarter, a 13% decrease from the same period in 2016. In May the 104-year-old insurer acquired specialty lines company Ironshore from Fosun International; earlier in the year it acquired Penta Security in Chile, helping it become the largest provider of property and casualty insurance in the country.
Company Info
| CEO | David H. Long |
| CEO Title | Chairman, President & Chief Executive Officer |
| Sector | Financials |
| Industry | Insurance: Property and Casualty (Stock) |
| HQ Location | Boston, MA |
| Website | www.libertymutual.com |
| Years on Fortune 500 List | 23 |
| Employees | 50,000 |
Key Financials (Last Fiscal Year)
| Revenues ($M) | $38,308 |
| Profits ($M) | $1,006 |
| Assets ($M) | $125,592 |
| Total Stockholder Equity ($M) | $20,366 |
| Market Value — as of March 31, 2017 ($M) | - |
Profit Ratios
| Profit as % of Revenues | 2.6% |
| Profits as % of Assets | 0.8% |
| Profits as % of Stockholder Equity | 4.9% |
Earnings Per Share (Last Fiscal Year)
| Earnings Per Share ($) | - |
| EPS % Change (from 2015) | - |
| EPS % Change (5 year annual rate) | - |
| EPS % Change (10 year annual rate) | - |
Total Return
| Total Return to Investors (2016) | - |
| Total Return to Investors (5 year, annualized) | - |
| Total Return to Investors (10 year, annualized) | - |
