BREAKING NEWS

BREAKING NEWS

Liberty takes on some European business from sister company Ironshore

Now Reading:

Liberty takes on some European business from sister company Ironshore

Text size Aa Aa

LONDON (Reuters) - Insurer Liberty Specialty Markets will take on sister company Ironshore's non-M&A European business and some of its staff, Liberty said on Tuesday.

Some of Ironshore's underwriters in Cologne, Zurich and Rotterdam will move to Liberty Specialty Markets' European operation on Aug. 1, subject to staff consultation, Liberty said in a statement.

The two companies are part of U.S. insurer Liberty Mutual [LBRTML.UL].

(Reporting by Carolyn Cohn; editing by Simon Jessop)

euronews provides breaking news articles from reuters as a service to its readers, but does not edit the articles it publishes. Articles appear on euronews.com for a limited time.