Investor Relations

Recent & Upcoming EventsMore>>

Liberty Mutual Insurance Reports First Quarter 2013 Results

Liberty Mutual Holding Company Inc., and its subsidiaries (collectively "LMHC" or the "Company") reported net income of $318 million for the three months ended March 31, 2013, a decrease of $141 million from the same period in 2012.

"First quarter operating results improved over the prior year quarter with pre-tax operating income up $79 million to $656 million," said David H. Long, President and CEO of Liberty Mutual Insurance. "The improvement was masked by the immediate impact of the Venezuelan currency devaluation, which will be substantially offset over the remainder of the year.  More importantly, our decision to grow where we can do so profitably, and to raise prices or contract in underperforming lines is gaining traction as evidenced by a 2.6 point reduction in combined ratio to 98.3%.

"This pricing, profitability, and selective growth momentum should continue for the foreseeable future as we adhere to the same disciplined strategy."

On May 2, 2013, Mr. Long hosted a conference call to discuss the Company's financial results.  A replay will be available until 5:00 p.m. on May 16, 2013 at 888-567-0419.

Financial ResultsMore>>

2013 First Quarter

• Earnings Release         
• Financial Statements            
• Supplemental Financial Information    
• Management's Discussion & Analysis of Financial Condition and Results of Operations    

 

News & InformationMore >>

Liberty Mutual Insurance Group Announces SBU Realignment

On July 24, 2012, Liberty Mutual Insurance Group announced the realignment of its Strategic Business Units into four new units.  This change is designed to make it easier for agents and customers to do business with us.  It also will allow us to better leverage our scale and expertise by spreading best practices and investments in products, services and innovation across the global enterprise.  We are realigning our Strategic Business Units into four new SBUs effective immediately:

• Commercial Insurance will serve traditional property and casualty accounts of all sizes and will provide one face to the agent/broker community.  Commercial Insurance will also include Summit and Group Benefits.
• Personal Insurance will include all domestic personal lines business.  Liberty Mutual and Safeco brands and products will be maintained, and distribution channels will continue to be managed separately.  Personal Insurance will also include our Individual Life business.
• Global Specialty will include Liberty International Underwriters, Liberty Mutual Reinsurance and Liberty Mutual Surety.
• Liberty International will comprise local country operations.

Liberty Mutual Group Inc. and Liberty Mutual Insurance Company Announce Expiration and Final Results of Cash Tender Offers

On May 16, 2012 Liberty Mutual Group Inc. ("LMGI") and Liberty Mutual Insurance Company ("LMIC" and, together with LMGI, the "Issuers") announced the expiration and final results of their previously announced cash tender offer (the "Dutch Auction Offer") ( see press release ).

Liberty Mutual Group Inc. Announces Early Acceptance of Waterfall Cash Tender Offer

On May 4, 2012, Liberty Mutual Group Inc. ("LMGI") announced the exercise of its early acceptance right for all Waterfall Notes tendered at or prior to the Early Tender Time in connection with its previously announced cash tender offer (the "Waterfall Offer") ( see press release ).  

Liberty Mutual Group Inc. Announces Pricing of Waterfall Cash Tender Offer

On May 3, 2012, Liberty Mutual Group Inc. ("LMGI") announced the determination of the Full Tender Offer Consideration of its previously announced cash tender offer (the "Waterfall Offer") (  see press release  ).

Liberty Mutual Group Inc. and Liberty Mutual Insurance Company Announce Early Tender Results and Modification of Terms of Cash Tender Offers

On May 2, 2012, Liberty Mutual Group Inc. ("LMGI") and Liberty Mutual Insurance Company ("LMIC" and, together with LMGI, the "Issuers") announced the early tender results and modification of terms of cash tender offers ( see press release ).

Liberty Mutual Group Inc. and Liberty Mutual Insurance Company Announce Offers to Purchase up to $700,000,000 Principal Amount of Outstanding Notes

On April 18, 2012, Liberty Mutual Group Inc. ("LMGI") and Liberty Mutual Insurance Company ("LMIC" and, together with LMGI, the "Issuers") announced the commencement of a cash tender offer for certain of their outstanding notes ( see press release ).

Noteholder Information

Series C Junior Subordinated Notes - The Series C Junior Subordinated Notes have been provided the benefit of the Replacement Capital Covenant entered into by the Company on March 7, 2007 in connection with the issuance of $700,000,000 aggregate principal amount of the Company's Series A Junior Subordinated Notes and $300,000,000 aggregate principal amount of the Series B Junior Subordinated Notes. Please click here  for additional information.

 

 

Note: The entities that form the Liberty Mutual Group are private companies which have not registered under the Securities Act of 1933, as amended, and therefore are not subject to the information and reporting requirements of the Securities Exchange Act of 1934, as amended.  Accordingly, the group's entities do not file proxy statements, financials or other reports with the Securities and Exchange Commission.

Please refer to the link below for a cautionary notice concerning forward looking statements included on this website, and a discussion of the various factors that could cause an adverse effect on the business, operations and financial condition of the Liberty Mutual Group.  Forward Looking Statements and Risk Factors