Boston-based property and casualty insurer Liberty Mutual Insurance said it has acquired 99.6% of Compañía de Seguros Generales Penta Security S.A. (Penta Security).
Terms of the deal were not disclosed.
Together with its existing company, Santiago, Chile-based Liberty Compañía de Seguros Generales S.A., Liberty Mutual Insurance says that it is now the largest property and casualty insurance in Chile.
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Trudy Knockless
Trudy Knockless is a reporter on ALM Media's Business of Law desk. She has a background serving legal and insurance publications. Contact her at [email protected] or on LinkedIn at Trudy Knockless.
