In various international markets where Liberty Insurance operated local subsidiaries, corporate restructuring and localized acquisitions have occasionally taken place to optimize global business operations. For example, in Malaysia, Liberty Insurance Berhad successfully completed a major acquisition by purchasing 100 percent of the shares of AmGeneral Insurance Berhad, creating an expanded combined entity under the Liberty brand. Meanwhile, the core global parent organization, Liberty Mutual Insurance Group, remains an independent mutual holding company entity headquartered in Boston rather than being taken over by an external corporate buyer.
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