-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, F1ZbqXGmmmOuEUw5VqiLbRG7FzMMR0bTnKn5m8BBUiaXUny5bzJKSsiWWOqWRUy/ IjQINpkP2bD01c+AayuZyg== 0000944695-04-000017.txt : 20040602 0000944695-04-000017.hdr.sgml : 20040602 20040601180434 ACCESSION NUMBER: 0000944695-04-000017 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20040601 ITEM INFORMATION: Regulation FD Disclosure FILED AS OF DATE: 20040602 FILER: COMPANY DATA: COMPANY CONFORMED NAME: ALLMERICA FINANCIAL CORP CENTRAL INDEX KEY: 0000944695 STANDARD INDUSTRIAL CLASSIFICATION: FIRE, MARINE & CASUALTY INSURANCE [6331] IRS NUMBER: 043263626 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-13754 FILM NUMBER: 04842433 BUSINESS ADDRESS: STREET 1: 440 LINCOLN ST CITY: WORCESTER STATE: MA ZIP: 01653 BUSINESS PHONE: 5088551000 MAIL ADDRESS: STREET 1: 440 LINCOLN ST CITY: WORCESTER STATE: MA ZIP: 01653 8-K 1 form8k_060104.txt ALLMERICA FINANCIAL CORP. FORM 8-K UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 8-K Current Report Pursuant to Section 13 or 15(d) of The Securities Exchange Act of 1934 Date of Report (Date of Earliest Event Reported): June 1, 2004 ALLMERICA FINANCIAL CORPORATION ------------------------------- (Exact name of Registrant as specified in its charter) Delaware 1-13754 04-3263626 State or other jurisdic- (Commission File Number) (I.R.S. Employer tion of incorporation) Identification No.) 440 Lincoln Street, Worcester, Massachusetts 01653 (Address of principal executive offices) (Zip Code) (508) 855-1000 (Registrant's telephone number, including area code) Item 7. Financial Statements and Exhibits (a) Not applicable. (b) Not applicable. (c) Exhibits. The following exhibit is furnished herewith. Exhibit 99.1 Press Release dated June 1, 2004, announcing second quarter catastrophe storm losses. Item 9. Regulation FD Disclosure On June 1, 2004, Allmerica Financial Corporation announced that it expects to incur approximately $13 million in pre-tax catastrophe losses resulting from severe thunderstorms, hail and tornadoes, principally in Michigan from May 20 through May 27, 2004. This brings total pre-tax catastrophe losses to approximately $16 million for the quarter to date, or $0.26 per share after taxes. The press release is furnished as Exhibit 99.1 hereto. 2 SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. Allmerica Financial Corporation Registrant By: /s/ Edward J. Parry III --------------------------- Edward J. Parry, III Chief Financial Officer, Executive Vice President, Principal Accounting Officer, and Director Date: June 1, 2004 3 Exhibit Index Exhibit 99.1 Press Release, dated June 1, 2004, announcing second quarter catastrophe storm losses. 4 EX-99 2 pressrelease.txt ALLMERICA FINANCIAL PRESS RELEASE Exhibit 99.1 ALLMERICA FINANCIAL CORPORATION ANNOUNCES SECOND QUARTER CATASTROPHE STORM LOSSES WORCESTER, Mass., June 1, 2004 - Allmerica Financial Corporation (NYSE: AFC) announced today that it currently expects to incur approximately $13 million in pre-tax catastrophe losses resulting from severe thunderstorms, hail and tornadoes, principally in Michigan from May 20th through May 27th, 2004. This brings total estimated pre-tax catastrophe losses to approximately $16 million for the quarter to date, or $0.26 per share after taxes. The anticipated charges will be reflected in the company's second quarter results. "Citizens and Hanover activated their catastrophe management team and are responding with prompt claims service to our customers," said Frederick H. Eppinger, president and chief executive officer of Allmerica Financial Corporation. "Catastrophe losses of this magnitude are not unusual to our business, and total catastrophe losses remain in-line with our expectations for both the quarter and year-to-date." Allmerica Financial Corporation expects to announce its second quarter financial results on Monday, July 26. Certain statements in this release may be considered to be forward-looking statements as defined in the Private Securities Litigation Reform Act of 1995. Use of the words "believes", "anticipates", "expects" and similar expressions is intended to identify forward-looking statements. The Company cautions investors that any such forward-looking statements are not guarantees of future performance, and actual results could differ materially. Investors are directed to consider the risks and uncertainties in our business that may affect future performance and that are discussed in readily available documents, including the Company's annual report and other documents filed by Allmerica with the Securities and Exchange Commission and which are also available at www.allmerica.com under "Investor Relations". These uncertainties include the possibility of adverse catastrophe experience and severe weather, adverse loss development and adverse trends in mortality and morbidity, the difficulty in estimating catastrophe losses, changes in the stock and financial markets, changes from assumed surrender activities and assumed stock market returns, adverse selection in underwriting activities and surrender patterns, investment impairments, heightened competition, adverse state and federal legislation or regulation, financial ratings actions, and various other factors, which include the effect of the Company's decision to close its retail broker-dealer operations as well as the anticipated impact and cost of the GMDB hedging program. The performance of the hedging program is dependent on, among other things, the future performance and volatility of the equity market, the extent to which the performance of the various hedging instruments correlate with the investment performance of the underlying annuity sub-accounts, the continued availability of equity index futures and redemption and mortality patterns in the Company's annuity contracts. Allmerica Financial Corporation is the holding company for a group of insurance companies headquartered in Worcester, Massachusetts. CONTACTS: Investors: Media: Sujata Mutalik Michael F. Buckley (508) 855-3457 (508) 855-3099 smutalik@allmerica.com mibuckley@allmerica.com -----END PRIVACY-ENHANCED MESSAGE-----