Liberty Life Insurance Public Company Ltd. announced group unaudited earnings results for the nine months ended September 2013. Despite the deterioration of the economic conditions in Cyprus, the economic adjustment program and the huge losses of the banking sector, the financial results of the Group in the first nine months of the year showed lower after-tax losses, which stood at €2 million compared to losses of €3 million in the corresponding period of 2012. The deterioration of the financial condition in Cyprus, the increased flow of acquisitions of insurance contracts and the increased competition affected the insurance activities of the Group, pushing the net premiums down to €7.9 million compared to €8.5 million in the corresponding period of 2012, recording a decline of 7.1%.