Liberty Mutual completed the acquisition of State Auto Group for $2.3bn.

Liberty Mutual, an American diversified global insurer, completed the acquisition of State Auto Group, a super-regional insurance holding company headquartered in Columbus, Ohio, for $2.3bn. "State Auto Group's capabilities and product expertise are an ideal complement to Liberty Mutual's domestic personal lines and small commercial business, and we welcome 2k talented associates to our family. Equally appealing are its values. For almost a century, State Auto has celebrated a culture of caring for people, exceptional service and deep philanthropy, mirroring our purpose to help people embrace today and confidently pursue tomorrow," David Long, Liberty Mutual Chairman and CEO.