Reinsurance News
Liberty Mutual
Cynthia Sze to lead Liberty’s unified Hong Kong unit as CEO
2nd March 2026
Liberty, part of Liberty Mutual Insurance Group, a property and casualty insurer, has appointed Cynthia Sze as Chief Executive Officer (CEO), Hong Kong, effective May 2026, subject to regulatory approval. Liberty’s Hong Kong entity will be unified following the integration of its operations under a single licence, proposed to go into ... Read the full article
Liberty Mutual and Floodbase launch instant parametric flood quoting tool for US market
24th February 2026
Liberty Mutual, a US insurance provider, and Floodbase, a platform specialising in flood risk solutions, have launched an instant quoting application for parametric flood reinsurance in the United States. The tool enables wholesale and retail brokers to price parametric flood cover within minutes, simplifying a process that has traditionally been complex ... Read the full article
Liberty Specialty Markets launches Energy & Construction, and Cyber in Italy
19th February 2026
Liberty Specialty Markets (LSM), part of Liberty Mutual Insurance Group, has responded to increased regional demand with the launch of two new divisions in Italy: Energy & Construction, and Cyber. The launches are supported by two senior underwriter appointments in Milan to manage the new divisions, expand LSM’s offering in Italy ... Read the full article
Liberty Mutual sees strong Q3’25 results with $2.22bn net income and 84.7% CoR
7th November 2025
Liberty Mutual Holding Company (LMHC) has reported net income of $2.22 billion, and a consolidated combined ratio of 84.7% for the third quarter of 2025, driven by strong underwriting performance and a drop in catastrophe losses Q3 2025’s net income increased from the $892 million reported in the same period last ... Read the full article
DUAL UK secures five-year Zurich-led capacity deal
2nd October 2025
DUAL UK has announced a five-year capacity deal led by global insurer Zurich, along with Liberty and other A-rated capacity providers to support its new regional Commercial Combined product. The new product is aimed at the £10,000 – £50,000 premium segment of businesses outside London. A Commercial Combined product, it has been ... Read the full article
Liberty Mutual introduces global cyber product suite
1st October 2025
Liberty Mutual Insurance, a provider of property and casualty insurance solutions, has introduced a new suite of cyber products designed to support businesses with comprehensive coverage and incident response. The suite combines worldwide expertise, adaptable product features, and local market alignment to meet client-specific needs. Liberty Cyber Resolution is structured to address ... Read the full article
S&P rates Liberty Mutual’s China unit ‘A-’ with stable outlook
19th August 2025
S&P Global Ratings has assigned an 'A-' local currency long-term issuer credit and financial strength rating to Liberty Insurance Co. Ltd. (Liberty China), the China-based underwriting entity of Liberty Mutual Group Inc. The outlook is stable. S&P said the rating reflects Liberty China’s strategic importance to its US-based parent, underlining the ... Read the full article
Mercury Insurance to support Safeco customers as Liberty Mutual adjusts California strategy
7th August 2025
Mercury Insurance, a provider of auto and home insurance based in California, is partnering with Liberty Mutual Insurance, a property and casualty insurer, to help safeguard coverage for thousands of California policyholders. The collaboration comes in response to Liberty Mutual’s decision to revise its personal insurance offerings in the state, affecting ... Read the full article
Liberty Mutual’s net income climbs 157% in Q2’25 on underwriting & investment gains
7th August 2025
Liberty Mutual Holding Company has reported Q2 2025 net income of $1.85 billion, up considerably from the $717 million disclosed in Q2 2024, driven by more disciplined underwriting and an excellent investment performance. Liberty Mutual’s Q2 2025 net written premium and total revenue declined to $11.2 billion and $12.5 billion, respectively, ... Read the full article
Liberty Specialty Markets appoints Niala Butt as Head of Casualty Claims, UK
2nd July 2025
Liberty Specialty Markets (LSM), part of Liberty Mutual Insurance Group, has appointed Niala Butt as Head of Casualty Claims, UK, effective immediately, based in London. In her new role, she will report to Nik Mahida, Head of Third-party claims, UK & MENA, LSM. Butt will lead the casualty claims team, supporting ... Read the full article
Liberty GTS appoints Nicholas Lunn and Barbara Magni to regional leadership roles
2nd July 2025
Liberty Global Transaction Solutions (Liberty GTS), part of Liberty Mutual Insurance, has announced the appointments of Nicholas Lunn as Head of the UK, Central Eastern Europe, the Middle East, and Africa, and Barbara Magni as Head of Southern Europe. Both Lunn and Magni will report to Markus Messinger, Head of EMEA. In ... Read the full article
K2 Cyber & Liberty Mutual partner on cyber insurance for small & medium-sized organisations
26th June 2025
K2 Cyber, a K2 Insurance Services brand and the provider of Intelligent Cyber Insurance™, has entered a partnership with Liberty Mutual Insurance and its Ironshore programs group, to provide intelligent cyber insurance to small and medium-sized businesses. This program provides a holistic cyber solution, protecting both organisations and their owners and ... Read the full article
Liberty Specialty Markets restructures UK & MENA operations with new division leads
18th June 2025
Liberty Specialty Markets (LSM), part of Liberty Mutual Insurance Group, has introduced new leadership roles to oversee three recently established divisions in its UK and MENA region: marine & aviation, specialty, and property. This restructuring is part of an effort to adjust the delegated authority framework in response to shifting market ... Read the full article
Liberty Specialty Markets and Baobab Insurance launch E-Crime insurance for SMEs
17th March 2025
Liberty Specialty Markets (LSM), a division of Liberty Mutual Group, and Baobab Insurance, a digital technical risk underwriter, have partnered to introduce a new e-crime insurance product designed specifically for small and medium-sized enterprises (SMEs). Under the collaboration, LSM will provide capacity for the new product, while Baobab will handle operational ... Read the full article
Chubb to acquire Liberty Mutual’s P&C insurance operations in Thailand and Vietnam
3rd March 2025
Global insurance carrier Chubb Limited has entered into agreements to acquire LMG Insurance in Thailand and Liberty Insurance in Vietnam, Liberty Mutual’s property and casualty (P&C) insurance businesses in Thailand and Vietnam. The two companies being acquired by large insurer Chubb offer a range of consumer and commercial P&C products, including ... Read the full article
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