Liberty Mutual Insurance announced the completion of the acquisition of the business and operations of AmTrust Surety, the U.S. surety operations of AmTrust Financial Services, Inc., following satisfaction of customary closing conditions. The AmTrust Insurance Spain, Nationale Borg, and Nationale Borg Reinsurance portion of the acquisition is expected to close in the second half of… Continue reading Liberty Mutual Completes Acquisition of the U.S. Surety Operations of AmTrust Financial Services
Tag: Liberty Mutual
Liberty Mutual Re Launches Reinsurance Unit in Mexico
Liberty Mutual Reinsurance, the reinsurance unit of Liberty Specialty Markets, has launched a new reinsurance operation in Mexico under Lloyd’s registration, to serve clients in both Mexico and Central America. The new unit will be led by General Manager Rosa Flores, who joins Liberty Mutual Reinsurance from her role as Chief Executive Officer (CEO) of… Continue reading Liberty Mutual Re Launches Reinsurance Unit in Mexico
Liberty Mutual to Sell Pembroke and Ironshore Europe to Hamilton Insurance Group
Today, Liberty Mutual announced the conclusion of its strategic review of its London-based Pembroke Managing Agency Limited and Dublin-based Ironshore Europe DAC businesses, acquired through the Ironshore purchase in May of 2017. As a result of the review, Liberty Mutual has reached an agreement to sell its Pembroke Managing Agency, Ironshore Europe operations (IEDAC) and… Continue reading Liberty Mutual to Sell Pembroke and Ironshore Europe to Hamilton Insurance Group