Anthony R. O’Donnell // March 4, 2025 
(Image credit: psteph/Pixabay.)
Liberty Mutual Insurance (Boston) has announced that it has agreed to sell its operations in Thailand and Vietnam to Chubb Limited (Zurich). Thailand is expected to close by the second quarter of 2025 and Vietnam is expected to close in 2026, subject to certain closing and regulatory conditions. The terms of the deal have not been disclosed.
Tim Sweeney, President and CEO, Liberty Mutual.
The sale includes LMG Insurance Public Company Limited (LMG Insurance), a top 10 motor and non-life insurer in Thailand, and Liberty