Liberty International News

Liberty Mutual Profit Fell 70% in 2015

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 …

Liberty Mutual Completes Chile M&A; Cámbara Named CEO of Chile Operations

Liberty Mutual Insurance named Fernando Cámbara Lodigiani as CEO of its Chile operations following its acquisition of approximately 99.6 percent of Compañía de Seguros Generales Penta Security S.A. (Penta Security). Together with its existing company, Liberty Compañía de Seguros Generales …

Liberty Mutual Had a ‘Messy’ Second Quarter

“Things got a bit messy in the second quarter.” That’s how David Long, chairman and CEO of Liberty Mutual Holding Co., summarized his firm’s second quarter results, which saw a 36 percent decline in consolidated net income to $249 million, …

Liberty International Opens New Office in Hamburg

The London-based Liberty International Underwriters in Europe (LIU Europe), a member of Liberty Mutual Group, has opened a new office in Hamburg, Germany, aimed at to strengthening “its position as a competitive, niche player in the region. “LIU Europe has …

Williams to Head Liberty International’s D&O, Financial Institutions Business

Liberty International Underwriters in Europe (LIU Europe), a member of Liberty Mutual Group, has appointed Guy Williams as Head of Directors & Officers and Financial Institutions (D&O/FI). He is an experienced insurance lawyer by background, specializing in financial professional risks. …

Liberty International Appoints Environmental Liability Underwriter for France

Liberty International Underwriters in Europe (LIU Europe), a member of Liberty Mutual Group, has appointed Audrey Mondin as Environmental Impairment Liability Underwriter in its Paris Office. LIU said the move resulted from its conclusion that “the business looks to respond …