M&A
US-based Liberty Mutual raises stake in Liberty General Insurance to 74%
Business Line Liberty General Insurance
Boston (USA)-based Liberty Mutual Insurance Group has increased its shareholding in Mumbai-based Liberty General Insurance to 74%. The acquisition is structured through Summit Asia Investments Holdings, a group company of Liberty Mutual Insurance Group. The remaining 26% stake in the insurer is held by Enam Securities. This transaction follows an earlier stake increase by the American insurer in September 2025, when its holding rose from 49% to 55.40%.Founded in 2013, Liberty General Insurance provides a portfolio of products, including health, motor, commercial, marine, liability, and property insurance. The company operates across 28 states and union territories through a network of 95 branches, 6,500 hospitals, and 6,100 auto service centres.
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