All the headlines from our Liberty Mutual Topic Page, ordered by recency.
Mar 21 2019 // Liberty Specialty Markets, part of Liberty Mutual Insurance Group, said it has re-domiciled its European insurance company Liberty Mutual Insurance Europe SE (LMIE) to Luxembourg, the home of its European...
Mar 21 2019 // The former chief executive officer of XL Group, Mike McGavick, admits that frequently during his career he has taken on leadership roles that some of his contemporaries considered too hot to handle—such as the...
Mar 14 2019 // Hamilton Insurance Group Ltd., the Bermuda-based holding company of re/insurance operations in Bermuda and at Lloyd’s, announced it has signed a definitive agreement with Liberty Mutual Group to acquire the Pembroke...
Mar 12 2019 // Tara Houvenagle has been named wholesale distribution executive for the West at Liberty Mutual Insurance. She is based in St. Louis.The wholesale distribution team – in close collaboration with Liberty and...
Mar 8 2019 // Liberty Mutual has named Jessica Ferguson as wholesale distribution executive in the East region within its Global Risk Solutions unit.She will join the leadership team led by Ben Johnson, wholesale distribution executive...
Feb 28 2019 // Liberty Mutual Holding Co. and its subsidiaries reported net income of $249 million for the fourth quarter 2018 and $2.160 billion for the full year 2018, increases of $44 million and $2.143 billion over the same periods...
Feb 28 2019 // European insurers Allianz and Generali are vying with U.S. rival Liberty Mutual to invest in the bancassurance business of Spanish lender BBVA, four sources familiar with the matter told Reuters.The sale, led by Bank of...
Jan 9 2019 // Liberty Mutual has once again directly tapped capital markets’ reinsurance capacity via the Bermuda collateralized reinsurance sidecar, Limestone Re Ltd.Limestone Re provides approximately $150 million of...
Dec 10 2018 // Liberty Mutual Insurance has formed a $1 billion risk-sharing agreement with the Overseas Private Investment Corp. (OPIC), the U.S. government’s development finance institution, which furthers the company’s...
Nov 16 2018 // Liberty Mutual has introduced a new distribution model for the U.S. in an effort to improve broker access to the insurer’s full suite of commercial and specialty insurance products.Shaun Kelly, president Global Risk...
Nov 7 2018 // Great American Insurance Group has hired Kelli Artin as divisional vice president of Cyber Liability. Artin will focus on the distribution strategy and marketing of the company’s cyber risk insurance offerings. Artin...
Nov 1 2018 // Liberty Mutual and its subsidiaries reported net income of $282 million and $1.911 billion for the three and nine months ended Sept. 30, 2018 versus net loss attributable of $665 million and $188 million for the same...
Oct 31 2018 // Liberty Mutual’s Safeco insurance has agreed to accept the $132.5 million in personal lines business of Iowa-based EMC Insurance Companies. Safeco is offering EMC’s independent agents the opportunity to...
Oct 22 2018 // Wheelchair users attending Seattle Mariners baseball games at Safeco Field get a “second-class” experience, a nonprofit disability-rights law firm says, and has filed a discrimination lawsuit.The Seattle Times...
Oct 18 2018 // Liberty Mutual Insurance announced it is undertaking a strategic review of its London-based Pembroke Managing Agency Ltd., acquired through the lronshore purchase in May of 2017. The company has retained Evercore to serve...
Sep 14 2018 // Liberty Mutual Insurance announces that Liberty International Underwriters (LIU Canada) and Ironshore Canada will be rebranded as Liberty Mutual Canada.“The rebranding of our joint operation as Liberty Mutual Canada...
Sep 11 2018 // Donegal Mutual Insurance Co. is exiting the personal lines business in seven of the 22 states in which it does business and will transfer those personal lines accounts worth $25 million in premium to Safeco...
Sep 10 2018 // Liberty Mutual’s Global Risk Solutions strategic business unit has centralized its mergers & acquisitions (M&A) insurance offerings with the formation of Global Transaction Solutions group (GTS).The creation...
Aug 16 2018 // QBE North America has sold its personal insurance independent agency policies in 47 states to Safeco Insurance, a division of Liberty Mutual. The agreement was effective August 15, 2018.The terms of the transaction were...
Aug 12 2018 // The sale of a life insurance unit and an easing of catastrophe costs boosted Liberty Mutual Holding Co.’s net income for the second quarter to $981 million, well above the $126 million it saw in the same quarter last...