Reinsurance News
Liberty Mutual Insurance
Liberty Mutual to become one of the largest surety providers in Brazil with Austral acquisition
15th October 2026
Liberty Mutual Insurance, a property and casualty insurer, has agreed to acquire Austral Seguradora, a top five Brazilian surety provider headquartered in Rio de Janeiro, subject to regulatory approvals. The acquisition of Austral, which has been a member of the Austral Holding Group and has served the ... Read the full article
Sinniah joins Liberty Mutual as Head of Capital Solutions, GRS
24th September 2026
Liberty Mutual Insurance has announced the appointment of Shaun Sinniah as Head of Capital Solutions for Global Risk Solutions (GRS), a newly created role. Sinniah will join the company on September 28 and will report to GRS President Matthew Moore. The executive has been tasked with supporting GRS's strategy to strengthen the ... Read the full article
Mexico partners with LM Re for new parametric earthquake and volcanic insurance program
22nd June 2026
The Mexican federal government, through its sovereign disaster risk financing strategy, has deployed a nationwide parametric earthquake and volcanic risk insurance with Liberty Mutual Reinsurance (LM Re), part of Liberty Mutual Insurance Group, acting as the lead capacity provider. This parametric insurance solution, brokered by Augment Risk and domestic broker TBS, ... Read the full article
Defne Turkes named President and MD Liberty International Insurance
16th June 2026
Global property and casualty insurer Liberty Mutual Insurance has announced the appointment of Defne Turkes as President and Managing Director (MD) of Liberty International Insurance (LII), the international division of Global Risk Solutions (GRS), effective July 1, 2026. She succeeds Phil Hobbs, who recently moved into the role of President of ... Read the full article
Liberty Mutual launches carrier-backed conversational AI auto insurance quoting app in ChatGPT
29th May 2026
Liberty Mutual Insurance has launched a "first-of-its-kind" carrier-backed conversational AI auto insurance quoting app that enables ChatGPT users to receive a quote in minutes through a chat-based interaction instead of a traditional online form. According to the firm, which is reportedly the 7th largest auto insurer in the US, quotes are ... Read the full article
Liberty Mutual increases stake in Liberty General Insurance JV to 74%
19th May 2026
Liberty Mutual Insurance, a property and casualty insurer, has announced that it has increased its shareholding in Liberty General Insurance Limited (LGI) to 74%. Liberty General Insurance Ltd. is a joint venture (JV) between Summit Asia Investments Holdings Pte. Ltd., a group company of Liberty Mutual Insurance Group, which now holds ... Read the full article
Liberty Mutual’s net income more than doubles in Q1’26 amid lower cat losses
7th May 2026
Liberty Mutual Insurance has reported net income of $2.05 billion for Q1 2026, more than double the $1.03 billion recorded in the prior-year period, as sharply lower catastrophe losses drove a significant improvement in underwriting and operating profitability. The insurer’s consolidated net income rose 99.7% year-on-year to $2.06 billion in Q1 ... Read the full article
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
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