David Long, chief executive of Liberty Mutual Group and Pat O’Brien, CEO of Liberty Insurance. Photo: Dara Mac Dónaill/The Irish Times

Liberty Mutual Insurance has bought out the IBRC stake in its Irish operation formerly Quinn Insurance.The news follows an announcement by the company(...)

Better times: David Long, president and chief executive of Liberty Mutual Group, and Pat O’Brien, CEO, Liberty Insurance, in 2011. Photograph: Dara Mac Dónaill

Liberty Mutual is shedding 50 per cent more Irish jobs than expected when it made the original announcement, including a number of compulsory r(...)