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On July 17, 2014, Liberty Mutual Insurance reached a definitive agreement with National Indemnity Company (“NICO”), a subsidiary of Berkshire Hathaway Inc., on a combined aggregate adverse development cover for substantially all of Liberty Mutual Insurance’s U.S. workers compensation, asbestos and environmental liabilities, attaching at approximately $12.5 billion of combined aggregate reserves with an aggregate limit of $6.5 billion.
Liberty Mutual Insurance Group today announced that its subsidiary, Liberty Seguros, Compania de Seguros y Reaseguros, S.A. (Liberty Seguros), has acquired Uni.Asia Capital Sdn Bhd’s 68.09% stake in Uni.Asia General Insurance Berhad (Uni.Asia General) for approximately $118 million.
To support its strategy of becoming a lead market for large, complex global property risks, Liberty Mutual’s National Accounts Property unit has expanded its divisional structure and added five underwriters.
Liberty Mutual Insurance has appointed Constance Bayne to President of its Mid-Atlantic Business Insurance operations.
Liberty Mutual Insurance, one of the nation’s leading auto and home insurers, unveiled today a new, fully integrated advertising campaign to invite consumers to “See Car Insurance in a Whole New Light.”
Liberty Mutual Insurance finds seniors are willing to discuss driving abilities, yet conversations rarely happen
Liberty Mutual Insurance is adding Data Compromise coverage to its Insurance Agents Errors & Omissions (E & O) Program.
Liberty Mutual Insurance Group today announced it is to acquire Hughes and its subsidiary in Ireland has agreed to become the lead underwriter of Hughes Insurance in Northern Ireland.
Actor Chris O’Donnell Helps Liberty Mutual Insurance Shine a Light on the Need for Parents to Lead Sportsmanship Discussion