The sale includes LMG Insurance Public Company Limited (LMG Insurance), a top 10 motor and non-life insurer in Thailand, and Liberty Insurance Limited (Liberty Insurance), the leading foreign retail motor insurer in Vietnam. This transaction allows Liberty Mutual to focus on its portfolio in Asia Pacific, projected to be the largest property and casualty insurance market by 2045.

Given recent and ongoing events, the company is disclosing certain information regarding its 2025 property catastrophe reinsurance placement.

On October 29, 2024, Beacon Funding Trust (the “Trust”) issued $1.25 billion of 6.266% Pre-Capitalized Trust Securities (the “P-Caps”). The Trust will use the proceeds of the offering to purchase the required amount of Eligible Assets and will enter into a Facility Agreement and Trust Expense Reimbursement Agreement with Liberty Mutual Group Inc. (the “Company”).

Liberty Mutual Holding Company, Inc. today announced certain preliminary estimated financial information in respect of the third quarter of 2024 and its preliminary estimate of certain recent catastrophe losses in support of a potential capital markets transaction.

Liberty Mutual Insurance President and Chief Executive Officer Tim Sweeney today announced that Julie Haase has been named Executive Vice President and Chief Financial Officer, effective Jan. 1, 2025. Current Executive Vice President and Chief Financial Officer Chris Peirce announces retirement at end of 2024.

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.