Advertise Now
  Home > Car Insurance News > Liberty Mutual Group Schedules Fourth Quarter Earnings Conference Call

Liberty Mutual Group Schedules Fourth Quarter Earnings Conference Call

Advertising Information for covermecarinsurance
BOSTON, Mass., January 20, 2006 – Liberty Mutual Group (“LMG”) is scheduled to release its fourth quarter and fiscal year end 2005 financial results on Wednesday, March 1, 2006. At 2:00 p.m. EST that day, Edmund F. Kelly, Liberty Mutual Group Chairman, President and CEO, will host a conference call to discuss the company's financial results.

About the Company
Boston-based Liberty Mutual Holding Company Inc., the parent corporation of the Liberty Mutual Group of entities (“LMG” or the “Company”), is a diversified global insurer and sixth largest property and casualty insurer in the U.S. based on 2004 direct written premium. The Company also ranks 111th on the Fortune 500 list of largest corporations in the United States based on 2004 revenue. As of December 31, 2004, LMG had $72.4 billion in consolidated assets and $19.6 billion in annual consolidated revenue.

LMG, through its subsidiaries and affiliated companies, offers a wide range of property-casualty insurance products and services to individuals and businesses alike. In 2001 and 2002, the Company formed a mutual holding company structure, whereby the three principal mutual insurance companies, LMIC, LMFIC and EICOW, each became separate stock insurance companies under the ownership of Liberty Mutual Holding Company.

Functionally, the Company conducts its business through four strategic business units: Personal Market, Commercial Markets, Agency Markets (formerly Regional Agency Markets) and International. Each business unit operates independently of the others and has dedicated sales, underwriting, claims, actuarial, financial and certain information technology resources. Management believes this structure allows each business unit to execute its business strategy and/or to make acquisitions without impacting or disrupting the operations of the Company’s other business units.

LMG employs over 38,000 people in nearly 900 offices throughout the world.

Back to Car Insurance News