Liberty Insurance Vietnam

22.04.26 03:59 PM

Liberty Insurance Vietnam

In business since 1912, and headquartered in Boston, today we are the sixth largest global property and casualty insurer based on 2019 gross written premium. We also rank 75th on the Fortune 100 list of largest corporations in the U.S. based on 2018 revenue. As of December 31, 2019, we had $43.2 billion in annual consolidated revenue. We employ over 45,000 people in 29 countries and economies around the world. We offer a wide range of insurance products and services, including personal automobile, homeowners, specialty lines, reinsurance, commercial multiple-peril, workers compensation, commercial automobile, general liability, surety, and commercial property.

Liberty is registered in Vietnam, called onshore by insurance professionals, and has decided to apply Vietnam enterprise laws. There are currently no specific Insurance laws making it compulsory to protect consumers keeping the renewal terms the same.

Chubb Insurance buys Liberty Mutual Vietnam and Thailand

In a significant move within the insurance industry, Chubb Limited, a global leader in property and casualty insurance, announced on March 3, 2025, its agreement to acquire Liberty Mutual’s insurance operations in Vietnam and Thailand. This acquisition includes LMG Insurance in Thailand, a top 10 motor and non-life insurer, and Liberty Insurance in Vietnam, a leading foreign retail motor insurer.

Overall Insurance Rating

Security

Liberty specializes in car insurance worldwide. Liberty Vietnam has developed health insurance as well. 

They have a medical insurance plan that is value for money but there is no guarantee at renewal. As per Vietnam business laws, Liberty can adjust your contract in any way they need to remain profitable. Which means at renewal, Liberty may change your rates, terms and limits of benefits.

Benefits

For the medical product, they offer basic benefits suitable for locally insured Expatriates. Costly benefits have been eliminated from their offer like maternity or check-ups.

Flexibility

As Liberty healthcare is kept cheap, the choices are limited. Only available for residents in Vietnam, without portability for nomadic expats professionals

For car insurance all benefits are available to match new customers needs.

Price

Pricing is competitive or below the market to pay for the base protection Expat needs. The catch is there is no guarantee at renewal if Liberty should pay high treatment costs for your family.
Car insurance rates are above market as they focus on new cars and the loss ratio in the industry nears 130%.

Service

Pricing is high due to their policy of covering the whole family regardless of your medical history. Nevertheless as most clients are French and the social security limit the treatment costs inflation, the rates are still lower than private international medical insurers.


Ideal Client Profile

Liberty car insurance is ideal for new car owners.
Liberty healthcare is ideal for young international expat with simple healthcare protection needs with a safety net back home should you catch a serious illness as the renewal terms may become unaffordable or insufficient for future treatments of the pre-existing condition
.

 Professional Corporate coverage for Business activities & Projects


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