Liberty Mutual

Liberty re-domiciles European business to Luxembourg

Liberty Specialty Markets has re-domiciled its European insurance company Liberty Mutual Insurance Europe SE (LMIE) to Luxembourg ahead of the UK’s exit from the European bloc at the end of March.

Liberty profits surge despite higher cats and Ironshore costs

Liberty Mutual reported fourth quarter pre-tax operating profits that increased 67.9 percent to $277mn, excluding income from partnerships and limited liability companies it has equity in.

Liberty receives regulatory nod for Luxembourg hub

Liberty Specialty Markets, has received a licence for its European insurance company Liberty Mutual Insurance Europe SE (LMIE) to operate from Luxembourg.

A market unmoved – but not unchanged

The (re)insurance market must be poised to respond to the profound changes facing the industry, according to Liberty Mutual Re’s president Dieter Winkel

The Italian job

At first glance, the Italian reinsurance market is like every other in Europe – facing the triple challenge of bountiful capital, competition from new entrants and pricing pressure. But lift the lid and there are some significant differences that have encouraged Liberty Mutual Re to make a strategic investment here, even as others pull back. Massimiliano Fantini, Liberty Mutual Re General Manager, Reinsurance, explains.

Making a reinsurance choice that’s fit for the future

As the risk environment becomes more testing, so reinsurance options in terms of carriers, products and capital markets solutions, are proliferating. So what should cedents look for to ensure they have the right kind of partner behind them, whatever the weather? Miguel Martinez-Alvarez, Head of Business Development, Liberty Mutual Re has the answer.

Helping to resolve the growth conundrum

Almost every primary insurer is articulating a desire for growth – whether that is organic or through acquisition. Indeed, eight out of ten insurance companies with $1.5bn (£1.13bn) in annual revenue will look to acquisitions and partnerships in search of growth over the next three years according to a new global survey by KPMG. So, insurers need partners in their search for growth and this is where we, as reinsurers, have a key role to play, explains Jim D’Onofrio, Executive Vice President & General Manager, LM Re US.

Liberty Mutual sees 2Q profits up on lower cats

Liberty Mutual’s underwriting performance swung to a profit in the second quarter, with the Boston-based carrier clocking a combined ratio of 97.9 percent.

Liberty rebrands and taps GC to launch Italian reinsurance business

Liberty Specialty Markets has hired Massimiliano Fantini to lead an Italian reinsurance operation based out of Rome and Milan.

Liberty Mutual’s Limestone Re grows to almost $700mn

US insurance giant Liberty Mutual’s Bermuda-based sidecar Limestone Re has bolstered its collateral by $278mn after a new private placement.

Liberty escapes worst of Q1 cats to double profits

Boston-based Liberty Mutual more than doubled its first quarter profits year-on-year to $649mn as the firm avoided a significant catastrophe bill in the first three months of 2018.

Liberty Mutual Specialty profits absorb heavy cat losses

Boston-based Liberty Mutual’s specialty division reported pre-tax operating income of $92mn for the fourth quarter despite its share of the period’s catastrophes nearly doubling to $120mn year-on-year.