March 23, 2004
Liberty Mutual Group in Boston reported net income of $851.3 million for the 12 months ended 2003, a 67.4% increase over the same period in 2002. “I am very pleased with our overall operating performance in 2003,” said Edmund F. …
November 3, 2003
Corporate governance, the future of asbestos legislation, and building capital strength will be among the topics discussed this month at the 2003 annual Property/Casualty Executive Conference, as announced by conference co-sponsors Standard & Poor’s Ratings Services and PricewaterhouseCoopers. The conference, …
November 27, 2002
Boston-based Liberty Mutual Group announced that its subsidiary, Liberty International, has signed an agreement to acquire Winterthur’s Portuguese business units and branch offices, including its subsidiary companies Companhia Europeia de Seguros and Winterthur Pensoes. The terms of the deal were …
November 5, 2002
Standard & Poor’s Ratings Services announced a roster of speakers slated to appear at the 13th Annual Executive Conference for the Property/Casualty Industry, an event the company is cosponsoring with Black Diamond Group. American International Group (AIG) CEO Maurice Greenberg …
June 5, 2002
The 38th annual seminar of the International Insurance Society (IIS) will be held at the Shangri-La, in Singapore, July 14-17. Some 400 senior insurance executives from 50 nations are scheduled to attend the meeting which will feature 20 global chief …
January 7, 2002
An impressive lineup of experts will present their views and comments on what may be in store for the industry at the sixth annual Property/Casualty Insurance Joint Industry Forum to be held January 15-16, 2002 at the Waldorf-Astoria Hotel in …
November 2, 2001
The executive vice president & general manager of North Carolina Farm Bureau Mutual Insurance Company will address the House Financial Services Capital Markets Subcommittee today on behalf of the National Association of Mutual Insurance Companies (NAMIC). Bill Pollard will participate …
September 20, 2001
Liberty Mutual Group announced it expects net after-tax loss for the company’s U.S. and global operations will be in the range of $200 to $300 million from the Sept. 11 terrorist attacks. The company is prepared to pay workers’ compensation, …
September 19, 2001
Two of New England’s largest insurers, Boston’s Liberty Mutual, and The Hartford confirmed pervious announcements concerning their potential loss exposures from the terrorist attacks on the World Trade Center and the Pentagon. Liberty CEO Edmund F. Kelly extended “our deepest …
September 6, 2001
Boston-based Liberty Mutual Group announced that it was in the final stages of concluding an agreement with OneBeacon to set up a partnership arrangement “to transfer OneBeacon’s property and casualty business and staff and operations in 42 states” to Liberty. …