Liberty Mutual hikes stake in Indian arm
Boston headquartered Liberty Mutual Insurance has increased its stake in its Indian venture Liberty General Insurance to 74% as of May 18, after raising its shareholding from 49% to 55.4% in Sept 2025. The Indian insurance firm had started as a joint venture between Liberty and the Videocon Group.
Parag Ved, CEO and wholetime director of Liberty General Insurance, said, “With stronger backing from Liberty Mutual, we are now better positioned to expand our distribution footprint and deepen our presence across retail and commercial line segments.”
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Parag Ved, CEO and wholetime director of Liberty General Insurance, said, “With stronger backing from Liberty Mutual, we are now better positioned to expand our distribution footprint and deepen our presence across retail and commercial line segments.”
Ready to Make a Smarter Property Decision? Build Your Legacy with TOI Homes.
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