Liberty Mutual Holding Company Inc. reported fourth-quarter net income of $411 million, a 25.7% decrease from net income of $553 million in the prior-year quarter.
For the 12 months ending Dec. 31, Liberty Mutual reported net income of $514 million, a 71.7% decrease from $1.814 billion for full-year 2014.
The company’s net written premium for the fourth quarter was $8.116 billion, down $115 million or 1.4% from the same period in 2014.
For full-year 2015, net written premium was $34.53 billion, an increase of $201 million or 0.6% from 2014.
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