Boston-based Liberty Mutual Group, through its wholly owned subsidiary Liberty Insurance Company (LICL), will establish a branch in Zhejiang, thanks to approval by the China Insurance Regulatory Commission (CIRC).

Headquartered in Chongqing, the company's Chinese operations received CIRC approval to prepare for a provincial branch in Hangzhou, Zhejiang province, the third-largest property and casualty insurance market in China, according to a Business Wire report.

Register or login for access to this item and much more

All Digital Insurance content is archived after seven days.

Community members receive:
  • All recent and archived articles
  • Conference offers and updates
  • A full menu of enewsletter options
  • Web seminars, white papers, ebooks

Don't have an account? Register for Free Unlimited Access