The deal includes Liberty Suguros' operations in Ireland, Northern Ireland, Portugal and Spain. Liberty Mutual's other European holdings, including its specialty, surety and reinsurance operations, are not included in this transaction. (Credit: Generali Group) The deal includes Liberty Seguros' operations in Ireland, Northern Ireland, Portugal and Spain. Liberty Mutual's other European holdings, including its specialty, surety and reinsurance operations, are not included in this transaction. (Credit: Generali Group)

Liberty Mutual Insurance Inc. is selling Liberty Seguros, S.A., its Spain-based personal lines and small commercial business, to Generali Group in a deal valued at $2.5 billion.

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Steve Hallo

Steve Hallo is managing editor of PropertyCasualty360.com. He can be reached at [email protected]

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