Employer Profile: Liberty Mutual

About Liberty Mutual Insurance Group

“Helping people live safer, more secure lives” since 1912, Boston-based Liberty Mutual Group is a leading global multi-line group of insurance companies whose largest line of business is private passenger auto, based on 2004 net written premium.

As of December 31, 2004, Liberty Mutual Group had $72.4 billion in consolidated assets and $19.6 billion in consolidated revenue. Liberty Mutual ranks 111th on the Fortune 500 list of largest U.S. corporations based on 2004 revenue, and is the eighth-largest personal lines writer and fifth-largest commercial lines writer in the U.S. based on 2004 direct written premium. Liberty Mutual Group today employs more than 38,000 people in nearly 900 offices throughout the world.

The company has received financial strength ratings of "Excellent" (A) from the A.M. Best Company, "Good" (A2) from Moody's Investors Service and “Strong” (A) from Standard & Poor's.

Liberty Mutual Group operates under a mutual holding company structure, owned by its policyholders. The three principal insurance companies of the group, Liberty Mutual Insurance Company, Liberty Mutual Fire Insurance Company and Employers Insurance Company of Wausau, each are stock insurance companies under the ownership of Liberty Mutual Holding Company Inc.

Liberty Mutual Group operates through four strategic business units with no single unit contributing more than 30 percent of net premium written: Personal Market, Commercial Markets, Liberty Mutual Agency Markets, and Liberty International.

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