Liberty Mutual reports mixed earnings
Liberty Mutual, the US (re)insurance giant, reported a mixed set of earnings for the fourth quarter and in 2009.
Liberty said that fourth quarter net income rose 2% to $456m from $447m in the same period in 2008, but in 2009 as a year, earnings dropped 8% to $1.02bn from $1.1bn in 2008.
“Our fourth quarter and
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