Liberty Mutual Sells Subsidiary to Mexican Group

December 6, 2000

Mexico’s Grupo Financiero Inbursa announced that it had purchased Liberty Mexico Seguros from Liberty Mutual, its parent company, for $11.5 million.

Inbursa operates Seguros Inbursa, and plans to merge Liberty’s operations with it. Liberty Mexico Seguros operates 45 offices in 17 Mexican States, and has over 60,000 policies in force.

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