Liberty Mutual reports US$ 6.75 billion profit and Brazil expansion

Liberty Mutual reported a net profit of US$ 6.75 billion for the first nine months of 2026, marking a 32.6% increase compared to the same period in 2025. The growth was driven by strong performance in insurance operations and investments. While third-quarter net profit saw a 7% decrease to US$ 2.07 billion, the company reported improved technical profitability, with a combined ratio of 89.5% for the quarter and 88.1% for the year to date.

CEO Tim Sweeney stated that the company holds its strongest capital position to date, enabling disciplined risk underwriting and growth opportunities. As part of its expansion strategy in Brazil, Liberty Mutual announced an agreement to acquire Austral Seguradora, a company specializing in surety insurance, pending regulatory approval.