Reinsurance News

LSM re-domiciles European insurance company to Luxembourg

21st March 2019 - Author: Staff Writer -

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Liberty Specialty Markets (LSM), part of the Liberty Mutual Insurance Group, has has re-domiciled its European insurance company Liberty Mutual Insurance Europe SE (LMIE) to Luxembourg ahead of Brexit.

liberty-specialty-marketsWhile LSM has opened its new headquarters in Luxembourg it will maintain its branch network in the UK, Continental Europe and the Middle East.

The Luxembourg-based company will be led by Dirk Billemon, LMIE’s General Manager.

Dirk Billemon, General Manager LMIE said, “With the new licence and opening of our Luxembourg office, we are delivering on our promise to our brokers, clients and employees to provide continuity and certainty.”

“We remain focused on providing flexible, innovative and tailored re/insurance solutions to our clients across the region.”