Liberty Mutual Group announced that it will expand its operations in India for the first time by forming a non-life insurance company in the country with partner Dabur GI Invest Corp.
Dabur describes itself as “an Indian partnership comprised of members of the Burman family, promoters and majority shareholders of Dabur India Limited, a publicly listed firm on the Indian stock exchange which is engaged in the manufacturing and marketing of health care, personal care, food products and related businesses in India and other parts of the world.”
Liberty Mutual said the newly formed company, Dabur Liberty General Insurance Company, will provide personal and commercial insurance products, with an emphasis on personal insurance products such as auto, home and personal accident protection. Liberty Mutual added that the products will be offered though various distribution channels such as agents, banks and car dealers.
Recommended For You
Want to continue reading?
Become a Free PropertyCasualty360 Digital Reader
Your access to unlimited PropertyCasualty360 content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Breaking insurance news and analysis, on-site and via our newsletters and custom alerts
- Weekly Insurance Speak podcast featuring exclusive interviews with industry leaders
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical converage of the employee benefits and financial advisory markets on our other ALM sites, BenefitsPRO and ThinkAdvisor
Already have an account? Sign In Now
© Touchpoint Markets, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more inforrmation visit Asset & Logo Licensing.