Reinsurance News
Liberty Mutual Insurance
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
Liberty Mutual names Marc Orloff as President of GRS, North America
3rd December 2024
Liberty Mutual Insurance Global Risk Solutions (GRS) has appointed Marc Orloff as President for North America, effective January 1st, 2025, reporting to Neeti Bhalla Johnson, GRS President. Dieter Korte, currently Chief Underwriting Officer, GRS North America, Middle Market, will take on the additional responsibility of Interim President, GRS North America, Middle ... Read the full article
Liberty Mutual sees $892m net income in Q3, total CoR hits 96.7%
7th November 2024
Liberty Mutual Holding Company Inc. (LMHC) and its subsidiaries has posted a net income attributable to LMHC of $892 million for the third quarter of 2024, a notable shift from last year's income of $219 million, while also posting consolidated pre-tax net catastrophe losses of $1.1 billion in ... Read the full article
Liberty Mutual Insurance adds Jeff Dailey & Linda Mantia to its Board of Directors
30th September 2024
Liberty Mutual Insurance's Tim Sweeney, President and Chief Executive Officer (CEO), has announced that Jeff Dailey, formerly Chairman, President and CEO of Farmers Group, Inc., and Linda Mantia, formerly Senior Executive Vice President and Chief Operating Officer (COO) of Manulife Financial Corporation, have been elected to serve on the firm's ... Read the full article
Liberty Mutual Re hires Manja Kollmann from Generali Germany as COO
16th September 2024
Liberty Mutual Reinsurance (LM Re), the reinsurance arm of Boston headquartered Liberty Mutual Insurance Group, has hired Manja Kollmann from Generali Germany as its new Chief Operating Officer (COO), based in London. In her new role, Kollmann has a dual reporting line to Sue Figueredo Cook, COO, Global Risk Solutions (GRS), ... Read the full article
Sprout, Britam, and LM Re launch parametric insurance for Kenyan coffee farmers
13th August 2024
Liberty Mutual Reinsurance (LM Re), a division of Liberty Mutual Insurance Group, has announced a new collaboration with Insurtech firm Sprout, Inc. and Britam, a financial services company serving as the local underwriter. Together, they are introducing a parametric insurance product aimed at safeguarding Kenyan coffee farmers from financial losses caused ... Read the full article
Liberty Mutual’s net income climbs to $717m in Q2
8th August 2024
Liberty Mutual Holding Company Inc. (LMHC) has posted a net income of $717 million for the second quarter of 2024, up substantially from the net loss attributable to LMHC of $585 million in the same period in 2023. At the same time, the organisation posted a 3.3% decrease in net written ... Read the full article
Julie Haase to succeed Chris Peirce as Liberty Mutual EVP and CFO
25th July 2024
Liberty Mutual Insurance has announced the appointment of Julie Haase as Executive Vice President and Chief Financial Officer, effective Jan 1, 2025. She will be taking over the role from Chris Peirce, the company’s current EVP and CFO, as he is to retire at the end of 2024. With this appointment, Haase ... Read the full article
Liberty Mutual sees big net income improvement in Q1’24, CR hits 95.8%
9th May 2024
Liberty Mutual Holding Company Inc., (LMHC) and its subsidiaries have posted a net income attributable to LMHC of $1.535 billion for the first quarter of 2024. The reported Q1 net income compares to a net loss attributable to LMHC of $74 million that was posted in the same ... Read the full article
LSM enhances CAR book with broker-backed digital capabilities
9th May 2024
Liberty Specialty Markets (LSM), affiliated with Liberty Mutual Insurance Group, introduces a fresh digital trading solution for Contractors All Risks (CAR), crafted in collaboration with Howden. This latest addition, coupled with previously established CAR digital trading solutions with WTW and another major broker, solidifies LSM London’s CAR book with robust ... Read the full article
Liberty Mutual reveals new International Insurance division, Phil Hobbs to lead
17th April 2024
Liberty Mutual Insurance has announced that it has formed a new international insurance business division, set to be led by Phil Hobbs, who serves as President and Managing Director, Liberty Specialty Markets. The new division, dubbed Liberty International Insurance (LII), is the unification of two business operations in Asia. Read the full article
Getting your daily reinsurance news from Reinsurance News is a simple way to receive only the reinsurance industry news that matters, delivered directly to your email inbox.
