French insurer CNP Assurances has entered exclusive talks with Grupo BTG Pactual SA to buy its 51 percent stake in Brazilian insurer Pan Seguros, two sources familiar with the matter said on Tuesday. CNP Assurances has offered 1.6 billion Brazilian …
Liberty Specialty Markets (LSM), part of Liberty Mutual Insurance Group, has strengthened its presence in the German casualty market with the appointment of a new four-strong casualty team in its Cologne office. The team will write a book of primary …
Liberty Mutual Insurance has created a new practice dedicated to schools, municipalities and other public entities, and has appointed Susan L. Kostro as chief underwriting officer, Public Entity. Kostro will be responsible for growing Liberty Mutual’s book of education and …
The U.S. workers’ compensation market saw solid gains in 2014, thanks in part to premium increases and favorable claims frequency. This was the fourth consecutive year in which the industry reported improved results, A.M. Best said in a report. The …
European Property Underwriting Limited (EPU), a London-based property owners MGA, has secured an exclusive capacity arrangement with three risk transfer partners, led by HDI Gerling, with major co/reinsurance participations from Liberty Mutual Insurance and Swiss Re Corporate Solutions. EPU is …
Liberty Mutual Insurance has kicked off construction of its new campus in Plano, Texas. The 1-million-square-foot office is expected to be complete in 2017. Liberty Mutual’s $325 million-plus expansion project is expected to bring more than 4,000 employees to Plano …
Liberty Mutual Insurance promoted Nikki Lankford to vice president for the Metro New York region within the company’s Business Insurance operation. Lankford will be based in New York City and responsible for the profitable growth of small to mid-market business …
One minute he was working in the 8-foot trench below ground. The next, he was being buried in it. His co-workers came to his rescue, digging him out with their bare hands. Moments after they pulled the injured man to …
Liberty International Holdings Inc., member of the Liberty Mutual Insurance Group, announced the expansion of its presence in Chile by agreeing to acquire an additional insurance company, Compañia de Seguros Generales Penta Security S.A., the fourth largest non-life insurer in …
Liberty Mutual Insurance has promoted Jamie Trish to president of its Northeast Business Insurance operations effective July 1.
