Investor Relations

LMG Reports 2010 Second Quarter Earnings

Liberty Mutual Group (“LMG” or the "Company") today reported net income of $220 million for the three months ended June 30, 2010, a decrease of $48 million from the same period in 2009.

"We turned in another quarter of solid earnings during a period of significant natural catastrophe activity," said Edmund F. Kelly, Chairman and CEO of Liberty Mutual Group Inc. "Our operating results reflect the benefits of our diversified and global operating model, and our commitment to disciplined underwriting and reserving in order to maintain balance sheet strength." 

At 11:00 a.m. ET on August 5, 2010, Mr. Kelly hosted a conference call to discuss the Company's financial results. A replay will be available until 5:00 p.m. on August 12, 2010, at 866-443-4167. LMG's second quarter earnings release, financial results and other supplemental information are available here.

Liberty Mutual Agency Corporation

On May 10, 2010, the Company's subsidiary, Liberty Mutual Agency Corporation, filed a Form S-1 with the Securities and Exchange Commission (the "SEC") with intent to form a public company comprising its Agency Markets Strategic Business Unit ( see press release ).

Safeco Corporation

The acquisition of Safeco Corporation (“Safeco”) by Liberty Mutual Group (“Liberty”) was completed on September 22, 2008 (the “Effective Date”) (see press release).  In connection with the acquisition, Safeco became a subsidiary of Liberty.  Pursuant to the terms of the Agreement and Plan of Merger, dated as of April 23, 2008, on the Effective Date all shares of Safeco common stock were cancelled. 

If you have any questions, please call the exchange agent, BNY Mellon Shareowner Services, at 1-866-204-0386 in the U.S. or 1-201-680-6579 outside the U.S.

If you need historical stock prices for income tax purposes, please go to http://research.investopedia.com/stocks/saf/historical.  Please note that Liberty Mutual is not affiliated with Investopedia and assumes no responsibility for the content and accuracy of the data.

Noteholder Information

7.50% Senior Notes due 2036 - These notes have been provided the benefit of (i) 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; and (ii) the Replacement Capital Covenant entered into by the Company on May 29, 2008 in connection with the issuance of $1,250,000,000 aggregate principal amount of the Company's Series C 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