Liberty Mutual Insurance will be applying for regulatory approval to acquire Malaysian insurer AmGeneral Insurance Berhad (AmGeneral). AmGeneral is currently 51%-owned by AmBank Group and 49%-owned by Insurance Australia Group (IAG). Subject to receiving appropriate regulatory approvals, Liberty Insurance Berhad will acquire 100% shares of AmGeneral, and AmBank Group’s share of the sale proceeds will… Continue reading Liberty Mutual Insurance Seeks to Acquire Malaysian Insurer AmGeneral
Tag: Liberty Mutual acquisition
Liberty Mutual Completes Acquisition of Select European Operations of AmTrust Financial Services
Liberty Mutual Insurance completed the acquisition of the business and operations of Nationale Borg, Nationale Borg Reinsurance, and AmTrust Insurance Spain, following satisfaction of customary closing conditions. “Completing the acquisition of Nationale Borg, Nationale Borg Reinsurance, and AmTrust Insurance Spain further strengthens our strong global surety and reinsurance expertise, market leadership and geographic scope,” notes… Continue reading Liberty Mutual Completes Acquisition of Select European Operations of AmTrust Financial Services