Liberty Mutual Insurance Group acquired Russian insurance company KIT Finance Insurance from KIT Finance Holding Company (LLC), owned by JSC "Russian Railways" and NPF "Blagosostoyanie", enabling LM to enter Russia's $21B P&C insurance market.
Company Gains Operating Approval from China Insurance Regulatory Commission (CIRC).
Completed the planned acquisition of Quinn's Irish insurance business, as well as the transfer of all existing Quinn Insurance employees to Liberty Mutual's new Irish company, which plans to trade under the name of Liberty Insurance.
Benjamin Franklin Institute of Technology Opens the Liberty Mutual Alternative Fuels Lab, New Englands First Degree With a Specialization in Alternative Fuels Training.
Liberty Mutual Groups Subsidiary in China Liberty Insurance Company Limited, Approved for 17.5 Million US Dollars Capital Increase
Company Gains Approval from China Insurance Regulatory Commission (CIRC).
Liberty Mutual Groups Edmund F Kelly Retires David H Long Elected President and Chief Executive Officer
Liberty Mutual Group announced today that Edmund F. Kelly will retire from active management in Liberty Mutual on June 28, 2011, and that David H. Long will become President and Chief Executive Officer effective June 29, 2011.