Reinsurance News

Liberty Mutual Insurance

Liberty Mutual appoints Maria Grace as global product leader for property

29th November 2022

Liberty Mutual Insurance has appointed Maria Grace as its global product leader for property. Grace is set to begin in the role at the beginning of January and will report to Matthew Moore, Global Risk Solutions (GRS) president of underwriting. She will be responsible for the profit and loss of property ... Read the full article

Liberty Mutual hires Gosselin as Global Leader, Energy & Transition Risk

15th November 2022

Liberty Mutual Insurance has appointed Mike Gosselin as Global Leader, Energy & Transition Risk, where he will report to Global Risk Solutions President, Insurance Solutions, Elizabeth Geary. Based in London, Gosselin brings more than 25 years of global underwriting experience in the energy sector, including 21 years at Liberty Specialty Markets ... Read the full article

Liberty Specialty Markets names Martin Vince Head of Broker Management

3rd November 2022

Liberty Specialty Markets (LSM), part of Liberty Mutual Insurance’s Global Risk Solutions division, has appointed Martin Vince to the role of Head of Broker Management, effective immediately. Within this role, Vince will report to Mark Stephenson, Head of Business Development and Market Relationships, and he will also be based in London. Vince ... Read the full article

Liberty Mutual Insurance hires Smith as President, GRS North America

23rd August 2022

Liberty Mutual Insurance has appointed Kevin Smith as President of Global Risk Solutions (GRS) North America, where he will report to GRS President, Neeti Bhalla Johnson Within this new role, Smith will be accountable for delivering GRS North America's financial and operational performance, which includes commercial and specialty businesses in the US, Canada and Bermuda and operates across ... Read the full article

Chantal Rodriguez appointed as Liberty Mutual Reinsurance CUO

17th August 2022

Liberty Mutual insurance has appointed Chantal Rodriguez as Liberty Mutual Reinsurance Chief Underwriting Officer (CUO), where she will report to both Global Risk Solutions (GRS) President of Underwriting, Matthew Moore and Liberty Mutual Reinsurance President Dieter Winkel. At the same time, the company has also announced that Crystal Ottaviano has been ... Read the full article

Liberty Mutual appoints two new GRS underwriting leaders

5th August 2022

Liberty Mutual Insurance has announced the appointments of two new underwriting leaders within Global Risk Solutions (GRS) Underwriting. Brandon Fick will join the company as North America Chief Underwriting Officer and Nate Zangerle is named Chief Underwriting Officer for Global Surety. Fick is said to bring strategic leadership and underwriting experience as ... Read the full article

Liberty Mutual cites investment market volatility & loss cost inflation amid Q2 loss

4th August 2022

Re/insurer Liberty Mutual Holding Company has fallen to a net loss of $343 million for the second-quarter of 2022 on the back of investment market volatility and elevated catastrophe losses. The Q2 2022 net loss compares with income of $769 million a year earlier, although the company's H1 2022 result was ... Read the full article

Liberty Mutual joins MIT’s Climate and Sustainability Consortium

3rd August 2022

Liberty Mutual Insurance has announced its membership to the MIT Climate and Sustainability Consortium (MCSC), supporting the acceleration and implementation of large-scale, real-world solutions to address climate change. Liberty Mutual now joins 17 other member companies in the Consortium’s efforts to inspire transformative climate progress across industries and the globe. Francis Hyatt, ... Read the full article

Liberty Specialty Markets promotes Hall to Head of P&C Binders

2nd August 2022

Liberty Specialty Markets (LSM), part of Liberty Mutual Insurance Group, has promoted Kerry Hall to the newly created role of Head of Property and Casualty Binders. Hall’s appointment is effective immediately. Within this new role, she will be responsible for managing LSM’s EIL, Casualty and Property binders portfolios and associated teams within ... Read the full article

GRS hires TransRe’s Geary as President, Insurance Solutions

19th July 2022

Liberty Mutual Insurance's Global Risk Solutions (GRS) has appointed Elizabeth Geary as President, Insurance Solutions, where she will report to GRS President of Underwriting - Matthew Moore. Her appointment comes into effect in late August. She joins Liberty Mutual from global reinsurer, TransRe, where she served in a dual role as President, ... Read the full article

Liberty Mutual Insurance names Hart EVP, Chief Legal Officer & Secretary

15th June 2022

Liberty Mutual Insurance Chairman and Chief Executive Officer (CEO), David Long has announced that effective as of January 2023, Damon Hart has been named Secretary, in addition to his current role as Executive Vice President and Chief Legal Officer. As Secretary, Hart will be overseeing governance for the company's Board of ... Read the full article

Liberty Mutual Insurance names Monica Caldas to succeed as CIO

14th June 2022

Liberty Mutual Insurance has named Monica Caldas as its new executive vice president and CIO in a role that she will take up at the beginning of next year. Caldas will be replacing current executive vice president and CIO James McGlennon who is set to retire at the end of the ... Read the full article

Liberty Mutual adds Anne Waleski to board of directors

15th November 2021

Liberty Mutual Insurance has appointed Anne Waleski, previously of insurer and reinsurer Markel Corporation, to the company's board of directors. Waleski has served in executive and leadership roles at publicly traded companies and brings over 30 years of extensive financial expertise spanning the property and casualty insurance, manufacturing and retail sectors. She ... Read the full article

Liberty Mutual names new EVP, Major Accounts Casualty, Global Risk Solutions

27th October 2021

Liberty Mutual Insurance has appointed Neal Bhatnagar as Executive Vice President, Major Accounts Casualty, Global Risk Solutions (GRS). He will leverage his innovative thinking, deep expertise, and strong relationships to drive investments in products, strategies, and tools to address the evolving and complex casualty exposures that large, global businesses face today. Bhatnagar ... Read the full article

Liberty Mutual commits to 50% emissions cut by 2030

14th September 2021

Liberty Mutual Insurance has announced a new climate commitment to reduce its Scope 1 and 2 global greenhouse gas (GHG) emissions by 50% from its 2019 levels by 2030. To reach these goals, the company plans to decrease its operational carbon footprint by taking actions to increase operational efficiencies and identifying ... Read the full article