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The Chubb logo in front of the Chubb Corporation’s office building in Wilmington, Delaware. (Credit: Bo/Adobe Stock)Chubb has entered into agreements to acquire Liberty Mutual’s property and casualty business in Thailand and Vietnam. Specifically, at the completion of the deal, Chubb Limited will take control of LMG Insurance in Thailand and Liberty Mutual Insurance in Vietnam.
According to a release from Chubb, these two companies offer a range of consumer and commercial P&C products, including auto, accident and health and non-motor insurance like property fire coverage and industrial risk. Combined, the insurers had an estimated $275 million in net written premium in 2024.
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