October 11, 2022
This edition of International People Moves details appointments at Howden, Tokio Marine Kiln (TMK), and Marsh Norway. A summary of these new hires follows here. Howden Appoints Industry Veteran Long to Lead Equine Division Howden, the London-based broker, announced the …
June 9, 2022
Liberty Mutual Insurance said David H. Long, CEO since 2011 and a nearly 40-year veteran of the company, will retire at the end of the year. The company’s board of directors appointed Timothy M. Sweeney, currently Liberty Mutual’s president, the …
May 2, 2017
Liberty Mutual Insurance has completed its acquisition of specialty insurer Ironshore Inc., creating a global specialty business with approximately $6.5 billion in net written premium. Liberty Mutual announced last December it would acquire a 100 percent ownership interest in Ironshore …
March 3, 2017
Liberty Mutual Holding Co.’s 2016 fourth quarter net income declined substantially, due mostly to higher U.S. personal and commercial auto liability losses. But the number was up for the full year. The insurer booked net income of $143 million for …
March 4, 2016
Liberty Mutual Insurance saw profits fall for the fourth quarter and full year 2015 due to higher catastrophe and energy-related losses. Parent Liberty Mutual Holding Co. booked $411 million in net income in Q4, a nearly 26 percent drop from …
August 5, 2014
Liberty Mutual Holding Co. Inc. and its subsidiaries reported net income of $393 million for the quarter ended June 30, 2014, down $55 million or 12.3 percent from the same period in 2013. Net written premiums grew just above 5 …
April 11, 2013
Boston-headquartered insurance giant Liberty Mutual Insurance said its board of directors elected CEO David Long, 52, as chairman of Liberty Mutual Insurance, effective June 28, 2013. Long will succeed Edmund “Ted” Kelly, 67, who is retiring as chairman and director …