Liberty Mutual Expands to China

Boston-based global insurer Liberty Mutual Group announced the China Insurance Regulatory Commission has granted it approval to set up branch operations in Zhejiang.

Source: Source: Boston.com | Published on August 23, 2010

Liberty Mutual said it is the first foreign property and casualty company to operate in Zhejiang, a province of over 47 million people located 700 miles south of Beijing on China's southeastern coast.

"Liberty Mutual has had a presence in China since 1996 when it opened a Representative Office in Shanghai. In January 2004, the company received approval to open its first insurance office in Chongqing."