Liberty Mutual to pull first $500mn cat XoL layer as it looks to buy more at top

Published: Mon 19 Dec 2022

Liberty Mutual has come to market with a structure for its US property catastrophe reinsurance tower that removes the first $500mn xs $500mn layer on the expiring cover, with the insurance giant mulling the purchase of up to an additional $1bn limit at the top dependent on availability and price of cover,