On March 1, 2024, Liberty Mutual closed the sale of its Liberty Seguros business in Chile, Colombia, and Ecuador to Talanx AG’s Retail International Division, HDI International.
On February 28th, 2024, Liberty Mutual Group Inc. announced its intention to redeem €500,000,000 3.625% Series D Junior Subordinated Notes due 2059 on May 23, 2024, at redemption price.
On January 31, 2024, Liberty Mutual closed the sale of its Liberty Seguros business in Spain, Portugal, Ireland, and Northern Ireland to Generali.
On November 22, 2023, Liberty Mutual closed the sale of its Liberty Seguros business in Brazil to the Retail International division of the Talanx Group, HDI.
Liberty Mutual Insurance President and Chief Executive Officer Tim Sweeney today announced key organizational changes and executive leadership appointments aimed at enhancing focus on long-term strategic markets, while better leveraging scale advantages to drive improved profitability and faster innovation.
Liberty Mutual Insurance and Generali Group announced today that they have signed a definitive agreement for Generali to acquire Liberty Seguros, S.A. -- Liberty Mutual’s personal lines and small commercial insurance business headquartered in Madrid.
The Talanx Group rises to become the third-largest insurer by premium income in property/casualty business in Latin America through the acquisition of companies from Liberty Mutual Insurance Inc. The Retail International division of the Talanx Group has signed a purchase agreement to acquire the Liberty Seguros personal and small commercial business in Brazil, Chile, Colombia, and Ecuador.
On November 23, 2022, Liberty Mutual Group Inc. (“LMGI” or the “Company”) issued €500 million of 4.625% Senior Notes due 2030 (the “Notes”). Interest on the Notes is payable December 2nd of each year commencing on December 2, 2023. Proceeds of the offering are expected to be used to repay its outstanding 1.75% Senior Notes due 2024 and for general corporate purposes.
Liberty Mutual Insurance has completed its acquisition of Malaysian insurer AmGeneral Insurance Berhad (AmGeneral) following the receipt of regulatory approval in Malaysia and signing a purchase and sale agreement with AmBank Group (AmBank).
On June 1, 2022, Liberty Mutual Group Inc. (“LMGI” or the “Company”) issued $1.0 billion of 5.500% Senior Notes due 2052 (the “Notes”). Interest on the Notes is payable June 15 and December 15 of each year commencing on December 15, 2022. Proceeds of the offering are expected to be used to repay its outstanding 4.25% Senior Notes due 2023 and for general corporate purposes.