NU Online News Service Aug. 6, 3:20 p.m. EDT
Catastrophe losses drove a 17.9 percent, or $48 million decline in Liberty Mutual Group's 2010 second quarter net income compared to a year ago.
The Boston-based insurer has a 2010 second quarter net income of $220 million.
For the first six months of the year, the company's net income increased 84.5 percent, to $535 million from $290 million a year ago.
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