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Chubb Limited buys Liberty Mutual's insurance businesses in Thailand and Vietnam for $275M.
Chubb Limited is acquiring Liberty Mutual's property and casualty insurance businesses in Thailand and Vietnam.
The deal, valued at $275 million in net premiums written in 2024, is expected to close by the second quarter of 2025 in Thailand and late 2025 or early 2026 in Vietnam, subject to regulatory approval.
This move allows Liberty Mutual to focus on its core Asia-Pacific markets, projected to be the world's largest insurance market by 2045.
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Chubb Limited compra negocios de seguros de Liberty Mutual en Tailandia y Vietnam por $275M.