Talanx acquires Liberty Mutual businesses

Tim Sweeney, president and chief executive officer of Liberty Mutual, commented: “In a world that is rapidly changing, sharpened operational focus across our channels, products, and markets is becoming increasingly important for long-term success and will ensure we deliver exceptional value to our customers, brokers, agents, partners, employees, and the communities we serve. We thank our Latin American teams of over 4,600 employees for their tremendous commitment and dedication to our business over many years. We’re confident in their future with Talanx, which shares similar core values.”