Reinsurance News
JLT
Marsh & McLennan issues $5bn senior debt to fund JLT acquisition
9th January 2019
Broking and advisory giant Marsh & McLennan Companies, Inc. (MMC) has outlined plans to issue $5 billion of senior debt to fund its previously announced $5.6 billion acquisition of Jardine Lloyd Thompson Group (JLT). The offering consists of six tranches of senior notes with maturities of up to 30 years. MMC stated ... Read the full article
Downstream energy rates set to improve after difficult 2018: JLT
8th January 2019
Rates in the downstream energy sector look set to improve in 2019 as re/insurance companies finally take a stand against increasingly poor underwriting results over the last few years, according to analysts at JLT. The re/insurer’s latest quarterly energy report noted that management oversight and pressure to turn rates around has ... Read the full article
Global, dedicated reinsurance capital hits $348bn in 2018: JLT Re
2nd January 2019
Estimated global, dedicated reinsurance capital increased by $2 billion in 2018 to $348 billion, driven by growth in the traditional arena as the volume of alternative reinsurance capital remained flat, according to reinsurance broker JLT Re. JLT Re, the reinsurance arm of global brokerage JLT Group, said recently that the Read the full article
Marsh-JLT Specialty announces key leadership changes for UK & Ireland
20th December 2018
Following yesterday's news of global re/insurance broker Marsh's intended global leadership reshuffle, the firm has announced a number of further appointments - this time focused on key UK & Ireland roles within what will be known as Marsh-JLT Specialty - as its’ parent, Marsh & McLennan Companies, prepares for the ... Read the full article
Combining Marsh, JLT talent a chance to deliver greater value to clients: Marsh CEO
19th December 2018
Global re/insurance broker Marsh has revealed a slew of new appointments as the organisation's parent, Marsh & McLennan Companies, prepares for its acquisition of JLT, with Chief Executive Officer John Doyle stating that the combination of Marsh’s and JLT’s capabilities and colleagues is an “exciting opportunity to deliver greater value ... Read the full article
PI premiums to rise as construction market hardens, warns JLT Specialty
3rd December 2018
JLT Specialty, the specialist insurance broker and risk consultant, has warned that contractors could face a significant increase in professional indemnity (PI) premiums as the construction market begins to harden. Greater regulatory scrutiny and uncertainty regarding cladding systems following the Grenfell fire has led many insurers to scale back on capacity ... Read the full article
JLT Re Iberia launched after broker buys out Banca March partnership
13th November 2018
JLT Re, the reinsurance broking arm of JLT Group, has reinforced its connection with clients in the Latin America region with the launch of JLT Re Iberia through the acquisition of JLT March Re. Reinsurance broker JLT Re has further invested in its European platform with the launch of JLT Re ... Read the full article
Marsh combines specialty unit with JLT, makes key leadership changes
13th November 2018
Global re/insurance broker Marsh has began the integration process of JLT - which it acquired for $5.6 billion in September - with the formation of Marsh-JLT Specialty, a new specialty business that combines the teams of both businesses. In addition to becoming Vice Chairman of Marsh & McLennan Companies and a ... Read the full article
MMC acquisition approved by JLT shareholders
7th November 2018
The shareholders of broker Jardine Lloyd Thompson Group plc have overwhelmingly voted in favour of the firms acquisition by broking and advisory giant Marsh & McLennan Companies, Inc. (MMC). Demonstrating just how much support there was for the acquisition deal, of the shares voted, 99.9% voted in favor of the transaction, ... Read the full article
Marsh gets key approval for JLT acquisition
15th October 2018
Marsh & McLennan Companies has been granted an early termination of the waiting period required for the completion of its previously-announced acquisition of Jardine Lloyd Thompson Group (JLT). Termination of the Hart-Scott-Rodino (HSR) waiting period effectively concludes the review of both the Federal Trade Commission (FTC) and Department of Justice ... Read the full article
S&P affirms Marsh’s A- rating following JLT acquisition, outlook negative
8th October 2018
Marsh & McLennan has had its A- long-term issuer credit rating affirmed by S&P Global following its $5.6 billion acquisition of JLT, although its outlook is negative. Following an in depth business and financial review, S&P believes Marsh will likely be committed to and able to de-lever back to a range ... Read the full article
Growth the main factor behind JLT acquisition: Dan Glaser
24th September 2018
Dan Glaser, President and Chief Executive Officer (CEO) of Marsh & McLennan Companies, Inc., has said that the firm's acquisition of JLT Group is about growth, noting that the two global insurance and reinsurance brokers are "stronger together". Marsh announced its $5.6 billion takeover of JLT Group on Tuesday, a deal ... Read the full article
Marsh & Mclennan acquires JLT for $5.6 billion
18th September 2018
Major mergers & acquisitions news breaking this morning, as it has been announced that broking and advisory giant Marsh & McLennan Companies, Inc. (MMC) is to acquire Jardine Lloyd Thompson Group plc for $5.6 billion. The acquisition sees another of the mid-sized global insurance and reinsurance brokers going to a new ... Read the full article
Martin Blackwell to join JLT Re as a Partner, Capital Solutions
10th September 2018
JLT Re, the reinsurance arm of global broker JLT Group, has named Martin Blackwell as a Partner, Capital Solutions, effective October, 2018. He brings more than 40 years of market experience to the role, and was Head of Client Management at Capita, having most recently served as a senior consultant at ... Read the full article
JLT Re hires Michel Fontaine from Guy Carpenter
7th September 2018
JLT Re, the reinsurance broking arm of global brokerage JLT Group, has hired Michel Fontaine, former Senior Reinsurance Broker at Guy Carpenter, as a Partner in its Paris Office. Fontaine has nearly 20 years of re/insurance market experience, having also previously held a number of senior positions Swiss Re, and started ... Read the full article
- ← Previous
- 1
- 2
- 3
- 4
- Next →
Getting your daily reinsurance news from Reinsurance News is a simple way to receive only the reinsurance industry news that matters, delivered directly to your email inbox.
