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Markets/Coverages: Liberty Mutual Re, Safehub Offer Parametric Quake Re/Insurance

Apr 23 2024 // Liberty Mutual Reinsurance (LM Re), part of Liberty Mutual Insurance Group, has announced a partnership with Safehub, a technology provider in seismic sensor and risk management solutions to offer a market-first,...

Liberty Mutual Insurance Continues Restructuring of Global Risk Solutions Unit

Apr 19 2024 // Liberty Mutual Insurance announced strategic updates in its ongoing restructuring of Global Risk Solutions (GRS), the company’s global commercial and specialty re/insurer and international insurance operations.The...

People Moves: Aon’s Re Solutions Promotes Sapra as CEO, India; BHSI Names du Ché as France Country Mgr; AXIS Canada Launches EIL Unit, Led by Liberty Mutual’s Nagata

Apr 15 2024 // This edition of International People Moves details appointments at Aon, Berkshire Hathaway Specialty Insurance (BHSI) and AXIS Capital Holdings.A summary of these new hires follows here. Aon Promotes Sapra as CEO of...

Safeco Gets a Win in Underinsured Motorist Coverage Dispute

Apr 10 2024 // The Connecticut Appellate Court has ruled that an auto insurer is not obligated to pay underinsured benefits to make up the difference between the coverage limits available and the lower amount its insureds actually...

Liberty Mutual Execs See Q4 Momentum as 2023 Income Falls

Mar 8 2024 // Although Liberty Mutual reported worse underwriting results and lower net income in 2023 compared to the prior year, executives pointed to the momentum of the final quarter as an indicator of what’s ahead.“We...

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