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Liberty Mutual Insurance Expands Global Surety Operation With Agreement to Acquire Colombian Surety Provider JMalucelli Travelers Seguros S.A.
June 14, 2024
BOSTON, Massachusetts, June 14 -- Liberty Mutual Insurance Group issued the following news release on June 13, 2024:

Liberty Mutual Insurance today announced an agreement to acquire JMalucelli Travelers Seguros S.A. (JMTRV), a domestic surety provider based in Bogota, Colombia. The deal is subject to regulatory approval. Terms of the transaction were not disclosed.

JMTRV has served the Colombian surety market since 2012. With more than 50 employees and approximately $13 . . .

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