Chubb acquires insurance businesses in Thailand and Vietnam from Liberty Mutual, terms undisclosed.

From Nasdaq: 2025-03-02 22:15:39

Chubb Limited has announced its agreement to acquire the insurance businesses of Liberty Mutual in Thailand and Vietnam. The acquisition includes LMG Insurance in Thailand and Liberty Insurance in Vietnam, offering a variety of consumer and commercial P&C products. The combined operations generated around $275 million in net premiums written in 2024. The transactions are expected to be completed by the second quarter of 2025 in Thailand and late 2025/early 2026 in Vietnam. Specific terms of the deal were not disclosed.



Read more at Nasdaq: Chubb To Buy Insurance Businesses Of Liberty Mutual In Thailand And Vietnam; Terms Undisclosed