Chubb to acquire Thailand and Vietnam operations from Liberty Mutual.

Chubb, an insurance company, agreed to acquire Thailand and Vietnam operations from Liberty Mutual, an American diversified global insurer. Financial terms were not disclosed. "Thailand and Vietnam are well-performing businesses with real potential, and this transaction aligns them with an organization that has the strategy and commitment to invest in the development of these markets. We are grateful to our teams who have been dedicated to serving the needs of our clients, brokers and partners in these markets," Tim Sweeney, Liberty Mutual President and CEO.