Senior staff at Towers Re, particularly London-based executives, torpedoed the proposed sale of the business to Willis Re, resulting in its ultimate sale to Jardine Lloyd Thompson (JLT) for $250mn, according to sources.
Senior staff at Towers Re, particularly London-based executives, torpedoed the proposed sale of the business to Willis Re, resulting in its ultimate sale to Jardine Lloyd Thompson (JLT) for $250mn, according to sources.