Overall Rating Upgrades Outnumbered Downgrades

Liberty Mutual Reports $6.8 Billion in 2025 Net Income as Combined Ratio Improves
Sweeney Says Liberty Mutual Will Shift From “Fixing to Building” in 2026
AM Best Revises Outlook to Positive for Plymouth Rock Assurance Group
Positive outlook reflects growth and market position
Q4 2025 Showed Very Soft Market Conditions, According to The Council’s P/C Market Survey
Softest Market Conditions Since 2017
Berkshire Reports Lower 2025 Operating Earnings; Insurance Combined Ratio at 87.1%
Insurance Underwriting and Investment Income Decline; Float Rises to $176 Billion





