Chubb Ltd. has announced its intention to acquire Liberty Mutual’s property and casualty (P&C) insurance operations in Thailand and Vietnam. The announcement, released on March 3, 2025, did not disclose the financial terms of the deal.
This strategic move by Chubb signals a further expansion of its presence in the Southeast Asian market. The acquisition of Liberty Mutual’s businesses in Thailand and Vietnam is expected to strengthen Chubb’s existing operations and broaden its customer base in these rapidly growing economies.
Further details regarding the transaction, including the expected closing date, are anticipated to be released in the coming weeks and months. The acquisition, subject to regulatory approvals, will likely be a significant step in Chubb’s ongoing efforts to expand globally.