Reinsurance News
Liberty Mutual
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
DFC and Chubb reveal new partners for expanded Maritime Reinsurance plan
7th April 2026
The U.S. International Development Finance Corporation (DFC) and Chubb have revealed six additional American insurance partners that will provide reinsurance for the DFC's Maritime Reinsurance plan: Travelers, Liberty Mutual Insurance, Berkshire Hathaway, AIG, Starr, and CNA. As previously reported, Chubb was named lead partner for the DFC’s $20 billion Maritime ... 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
Liberty Mutual places $2.75bn property cat occurrence tower, raises aggregate attachment
6th March 2026
Global insurer Liberty Mutual Group renewed its property catastrophe reinsurance programme at the January 1st, 2026, renewals, securing $2.75 billion of occurrence limit excess a $1 billion retention, alongside $500 million of tail aggregate cover and $100 million of aggregate protection "closer to income-volatility protection." For 2026, the retention for the ... Read the full article
Liberty Mutual’s net income rises 55% for FY’25 amid lower cat losses
5th March 2026
Liberty Mutual Holding Company Inc. (LMHC), a global property and casualty insurer, has reported full year 2025 net income growth of 55% to $6.8 billion, compared to $4.4 billion for FY’24, with an improved combined ratio of 88.4% compared to 95.9% for FY’24. Net income rose by 37.1% to $1.7 billion ... 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 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
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