July 29, 2016 2:32 PM ET

Insurance

Company Overview of Liberty Mutual Holding Company Inc.

Company Overview

Liberty Mutual Holding Company Inc., through its subsidiaries, provides various insurance products and services. The company’s Personal Insurance business unit sells automobile, homeowners, and other types of property and casualty insurance coverages to individuals in the United States. Its Commercial Insurance business unit offers a range of property-casualty, group benefits, and life insurance coverages and structured settlement annuities throughout the United States. This business unit provides commercial lines products and services, including third-party administration to large businesses; and short and long-term disability, accident, health, and group life insurance products to mid-size...

175 Berkeley Street

Boston, MA 02116

United States

Founded in 1912

Phone:

617-357-9500

Key Executives for Liberty Mutual Holding Company Inc.

Chairman, Chief Executive Officer, President, Member of Executive Committee, Member of Contributions Committee, Member of Investment Committee and Member of Risk Committee
Age: 55
Chief Financial Officer and Executive Vice President
Age: 57
Executive Vice President and President of Commercial Insurance
Age: 55
Executive Vice President and President of Global Consumer Markets
Age: 52
Executive Vice President and President of Liberty International
Compensation as of Fiscal Year 2016.

Liberty Mutual Holding Company Inc. Key Developments

Liberty Mutual Holding Company Inc. Announces Consolidated Earnings Results for the First Quarter Ended March 31, 2016

Liberty Mutual Holding Company Inc. announced consolidated earnings results for the first quarter ended March 31, 2016. For the quarter, the company's net written premium was $8.772 billion, an increase of $46 million or 0.5% over the same period in 2015. Pre-tax operating income before partnerships, limited liability companies and other equity method income for the three months ended March 31, 2016 was $614 million, an increase of $69 million or 12.7% over the same period in 2015. Consolidated net income from continuing operations for the three months ended March 31, 2016 was $403 million, an increase of $13 million or 3.3% over the same period in 2015. Net income attributable to the company for the three months ended March 31, 2016 was $393 million, an increase of $117 million or 42.4% over the same period in 2015. Cash flow provided by operations for the three months ended March 31, 2016 was $299 million, a decrease of $194 million or 39.4% from the same period in 2015. Net operating income before partnerships, LLC and other equity method income for the three months ended March 31, 2016 was $405 million, an increase of $2 million or 0.5% over the same period in 2015. Revenue was $9,362 million compared to $9,267 million a year ago.

Liberty Mutual Holding Company Inc. to Report Q1, 2016 Results on May 18, 2016

Liberty Mutual Holding Company Inc. announced that they will report Q1, 2016 results on May 18, 2016

Liberty Mutual Holding Company Inc. Reports Consolidated Earnings Results for the Fourth Quarter and Full Year Ended December 31, 2015

Liberty Mutual Holding Company Inc. reported consolidated earnings results for the fourth quarter and full year ended December 31, 2015. For the fourth quarter, the company's revenue was $9,335 million compared with $9,401 million a year ago. Pre-tax income was $531 million compared with $702 million a year ago. Consolidated net income from continuing operations was $445 million compared with $464 million a year ago. Net income was $445 million compared with $548 million a year ago. Net income attributable to the company was $411 million compared with $553 million a year ago. Cash flow provided by operations for the three months ended December 31, 2015 was $890 million, a decrease of $119 million or 11.8% from the same period in 2014. Net operating income was $437 million compared with $550 million a year ago. Pretax operating income of $481 million was down $208 million, with the increase in catastrophe losses of $187 million accounting for most of the shortfall. And despite continued strong growth in domestic personal lines of almost 6%, total net written premiums was down 1.4% at $8.1 billion, due once again of foreign exchange. On a constant dollar basis, net written premium was up 1.6%. For the full year, the company's revenue was $37,617 million compared with $37,721 million a year ago. Pre-tax income was $1,967 million compared with $2,569 million a year ago. Consolidated net income from continuing operations was $1,443 million compared with $1,825 million a year ago. Net income was $534 million compared with $1,790 million a year ago. Net income attributable to the company was $514 million compared with $1,814 million a year ago. Cash flow provided by operations for the twelve months ended December 31, 2015 was $3.543 billion, an increase of $2.913 billion over the same period in 2014. Net operating income was $1,435 million compared with $1,937 million a year ago. For the full year, pretax operating income before partnerships, LLC and other equity method income was $2.03 billion, a decline of almost 2%.

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Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
December 18, 2015
Liberty Ubezpieczenia
Merger/Acquisition
December 9, 2015
Liberty Mutual Holding Company Inc., Venezuelan Operations
 

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