Insurance Post

Liberty CEO talks up China, India and Quinn after 87% drop in pre-tax income

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Liberty Mutual has reported net income of $284m and $365m for the three and twelve months ended 31 December 2011, decreases of $292m and $1.313bn from the same periods in 2010.

Revenues for 2011 were $34.671bn, an increase of $1.478 bn or 4.5% over the same period in 2010 and net written premium was $31.183bn, an increase of $1.992bn or 6.8% over the same period in 2010.

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