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There are 68,963 results that match your search.68,963 results
  • The Towers name will be dropped by JLT Re in as little as 12 months, following the announcement that Towers Watson has agreed to sell its reinsurance arm in a $250mn deal
  • Cooper Gay Swett & Crawford has agreed to acquire independent broker Newman Martin Buchan (NMB) a full 12 months after The Insurance Insider first revealed that the two sides were in talks
  • Severe hailstorms that struck Germany in July will cost Swiss Re $240mn and inflict a claims burden of up to $2.7bn on the (re)insurance industry as a whole, the company said today (23 September)
  • Tower Group chairman, president and CEO Michael Lee was forced to sell off more than a third of his directly held shares in the beleaguered US insurer for a total of $12.61mn as its stock slid in trading on Wednesday (18 September).
  • Montpelier Re's Blue Capital Global Reinsurance Fund is targeting a maximum of $100mn in its latest share placement next month, the company disclosed this morning (20 September)
  • Shares in Jardine Lloyd Thompson (JLT) rose more than 2 percent in early trading this morning (20 September) as analysts applauded the London-listed broker's surprise deal to buy the reinsurance broking arm of US consultancy group Towers Watson
  • UK annuity provider Partnership confirmed this morning (20 September) that it is being investigated by the UK Financial Conduct Authority (FCA) for inducements, at the end of a week that has seen its share price fall sharply
  • Bailed-out UK lender Royal Bank of Scotland is to sell another 272.7 million shares in motor and home insurer Direct Line, reducing its holding in the business from about 48 percent to 30 percent
  • Tawa plc, the legacy-to-live firm backed by billionaires Francois Pinault and Lakshmi Mittal, has reported a $27mn group loss for the half-year, mainly due to the impact of selling KX Re to Catalina
  • Jardine Lloyd Thompson (JLT) has agreed to buy the up-for-sale reinsurance broking arm of consultancy group Towers Watson for $250mn in cash, the London-based broker said today (20 September).