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JLT is an M&A coup for MMC – a real marquee buy
JLT is an expensive buy for Marsh & McLennan Companies (MMC) at a valuation of 25x earnings. But you have to pay for quality, and – perhaps above all else – for scarcity.
Adam McNestrie
,
19 September 2018
Willis Re restructures specialty business
Graeme Moore remains CEO while his deputy, Jonathan Marsh, becomes chairman.
Adam McNestrie
,
19 September 2018
More than 3,000 jobs at risk from MMC-JLT union
The buyer predicts that between 2 percent and 5 percent of the combined workforce could go after the fusion.
John Hewitt Jones
,
19 September 2018
R&Q strikes largest ever legacy deal as H1 earnings rise
The legacy acquirer is to pay $80.5mn for Global US Holdings.
Bernard Goyder
,
19 September 2018
Scor activist investor takes issue with Covea snub: report
CIAM claims the bid proposal is "in the common interest" of Scor shareholders.
Bernard Goyder
,
19 September 2018
Marsh wanted JLT 'treasure trove of talent': Glaser
Broker wants to be the best not the “big brawny”.
Adam McNestrie
,
19 September 2018
Enstar and Stone Point end sales process for Atrium and StarStone
The duo will continue as owners of their active underwriter businesses.
Laura Sanicola
,
19 September 2018
Florence wind/surge losses to reach $4.6bn: AIR
Insured losses from Hurricane Florence are expected to reach $1.7bn to $4.6bn, the modeller has said.
Sofia Geraghty
,
18 September 2018
Chubb taps new EVP, reinsurance officer
Jeremiah Konz will assume his new role 1 January
Marissa Page
,
18 September 2018
Axis names CEO of Europe Specialty and Re divisions
Axis insider Helen O’Sullivan will oversee the group's Irish subsidiaries and their branches
Marissa Page
,
18 September 2018
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