Reinsurance News

Liberty Mutual Insurance

Liberty Mutual Insurance elects Jacqui Canney to Board of Directors

14th April 2026

Tim Sweeney, Chairman, President and Chief Executive Officer of Liberty Mutual Insurance, has announced that ServiceNow’s Jacqui Canney has been elected to the company's board of directors. Canney joined ServiceNow in August 2021 and has served in her current role as Chief People and AI Enablement Officer since January 2025. In ... Read the full article

Liberty Mutual establishes $600m endowment to support long-term community resilience

10th April 2026

Liberty Mutual Insurance has announced the establishment of a $600 million endowment for Liberty Mutual Foundation to build stronger and more resilient communities. This meaningful investment marks a significant milestone in the company's longstanding commitment to supporting people and communities through enduring philanthropic programs and partnerships. The endowment creates a self-sustaining source ... Read the full article

Liberty completes APAC licence consolidation and brand simplification

9th April 2026

Liberty International Insurance, part of Liberty Mutual Insurance Group, has announced the completion of its Asia Pacific licence consolidation and the simplification of its brand to "Liberty" across key markets in the region. This transformation represents a major milestone for the company’s APAC operations. By merging its retail and commercial ... Read the full article

Liberty Mutual unveils new leadership structure to align global risk and capital capabilities

2nd April 2026

Tim Sweeney, President and Chief Executive Officer of Liberty Mutual Insurance, has announced a new leadership structure across the company’s Global Risk Solutions (GRS) and Liberty Mutual Investments (LMI) businesses, bringing them into closer strategic alignment, effective immediately. The new structure is designed to better serve customers and partners, while positioning ... Read the full article

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 details leadership transition at Global Risk Solutions

13th February 2026

Liberty Mutual Insurance, a property and casualty insurer, has recently announced that Neeti Bhalla Johnson will step down from her role as President of Global Risk Solutions (GRS) effective March 6, 2026, as she pursues new opportunities. As President of GRS, Bhalla Johnson oversaw a substantial transformation of the company’s commercial ... Read the full article

Liberty names Jimmy Tong as CEO Singapore

6th February 2026

Liberty Mutual Insurance Group’s newly unified Singapore business, Liberty, has appointed Jimmy Tong as Chief Executive Officer (CEO), effective 27 April 2026. Liberty previously operated in Singapore through Liberty Insurance and Liberty Specialty Markets, which were combined under a single insurance licence on 1 January 2026, with Liberty Insurance transferring its ... Read the full article

Liberty General Insurance introduces Surety Solutions in India

18th November 2025

Liberty General Insurance Ltd., part of the Liberty Mutual group, a long-standing insurance organisation, has introduced Surety Insurance in India. The move follows the IRDAI framework that allows Surety products to function alongside bank guarantees, expanding the range of financial instruments available within the country’s construction and infrastructure sectors. The Surety offerings ... 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

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 GTS appoints Hilary Weiss as Head of Americas

3rd July 2025

Liberty Global Transaction Solutions (GTS), part of Liberty Mutual Insurance, has announced the promotion of Hilary Weiss to Head of Americas, effective immediately. Weiss has been part of Liberty Mutual since 2018, when she joined the company as Associate Vice President, Americas M&A. She then transitioned to Liberty GTS in 2021 as ... Read the full article

Gordon Watson elected to Liberty Mutual Insurance’s Board

12th June 2025

Tim Sweeney, Chairman and CEO of Liberty Mutual Insurance, has announced that Gordon Watson has been elected to the company's board of directors. Watson brings over three decades of experience in the insurance sector. He recently served as Chair of AXA Asia and CEO of AXA Asia & Africa, where he ... Read the full article

Liberty Mutual Insurance elects Sweeney as Chairman, Long to retire

10th April 2025

The Board of Directors of Liberty Mutual Insurance has elected Timothy M. Sweeney as the Chairman of Liberty Mutual Holding Company Inc., effective April 9th, 2025. Sweeney, currently the company's President and Chief Executive Officer, will succeed David H. Long, who retires as Chairman and Director. Long has spent four decades at ... Read the full article

Liberty Mutual’s 2024 net income hits $4.38bn as CoR improves

6th March 2025

Liberty Mutual has reported a net income of $4.383 billion for 2024, up considerably from the $213 million recorded in 2023. Meanwhile, the firm's total net written premium for 2024 was $44.963 billion, with Liberty Mutual's US Retail Markets segment contributing $28.279 billion and its Global Risk Solutions segment adding $16.416 ... Read the full article

Liberty Mutual Insurance places Arangio as EVP & Chief Compliance Officer as Morton retires

10th December 2024

Liberty Mutual Insurance has appointed Nicole Arangio as its new Executive Vice President (EVP) and Chief Compliance Officer, effective April 1st, 2025, with a transition over the next few months. Currently, Arangio serves as Chief Compliance Officer for Global Risk Solutions, the firm's global commercial and specialty international re/insurance operations. She ... Read the full article