Liberty Mutual Insurance Group is a leading global insurer, providing personal and commercial insurance solutions. Its Global Risk Solutions division consists of Global Risk Solutions North America, Liberty Specialty Markets, Liberty Mutual Reinsurance and Liberty Mutual Surety.
In business since 1912, and headquartered in Boston, today we are the sixth largest global property and casualty insurer based on 2021 gross written premium. We also rank 78th on the Fortune 100 list of largest corporations in the U.S. based on 2021 revenue. As of December 31, 2021, we had $48.2 billion in annual consolidated revenue.
Liberty Specialty Markets offers specialty and commercial insurance and reinsurance products across key UK, European, Middle East, US, Asia Pacific & Latin American markets. Our global energy team offers products across property, casualty, and specialty products. We cover upstream, downstream, low-carbon technologies, traditional power, and renewable energy*.
We are dedicated to supporting clients as they seek to reduce their carbon footprint and use or supply alternative sources of energy. We are engaged in cross-industry collaboration to improve and refine ESG data and risk management for the insurance industry and beyond.
As a mutual organisation, we take a long-term view. Our goal is to develop strong partnerships to support our clients along that journey with products, services, and innovative solutions. We take a broad view and seek to understand and mitigate their inherent and emerging risks. We will help to accelerate progress in sustainability by raising awareness and applying our renowned risk control services and risk engineering capabilities.
*Appetite may vary by region or line of business.
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Hydrogen is seen by many as a cleaner alternative to traditional fuels. A hydrogen economy has the potential to cut global emissions but how prepared is the insurance market for these new risks?