Jardine Lloyd Thompson News

JLT Re Launches New Division, JLT Fac; Macdonald-Smith Appointed as Head

London-based JLT Re has launched a new division – JLT Fac – and appointed Vanessa Macdonald-Smith to lead the division. Keith Harrison, CEO, UK & Europe, JLT Re, said: “The creation of JLT Fac is a reflection of the JLT …

JLT Specialty Hires Brown as SVP of Fine Art, Jewelry & Specie Practice in N.Y.

JLT Specialty USA, a U.S. subsidiary of London-based Jardine Lloyd Thompson Group plc. (JLT), has hired Nikki Brown as senior vice president of the Fine Art, Jewelry and Specie practice. She is based in New York City. Brown most recently …

Jardine Lloyd Thompson Cuts Profit Forecast on Pension Changes, Strong Pound

Jardine Lloyd Thompson Group Plc lowered its expectations for 2015 profit after government pension changes hurt the insurance broker’s U.K. employee benefits business and the stronger pound cut income from overseas. Shares fell to the lowest since March 5. JLT …

Jardine Lloyd Thompson Appoints Viswanathan as CEO, UK Employee Benefits

Jardine Lloyd Thompson Group plc announced the appointment of Bala Viswanathan as CEO of JLT’s UK Employee Benefits business, subject to the necessary regulatory approval. Viswanathan succeeds Duncan Howorth, who has decided to retire for personal reasons. Viswanathan joined JLT …

JLT Acquires South Africa’s Eikos Risk Applications

Jardine Lloyd Thompson has agreed to acquire 100 percent of the shares of South Africa-based Eikos Risk Applications (ERA) from Eikos Holdings (Pty) Ltd., part of the Eikos Group. ERA provides specialist marine, transportation and logistics risk consulting and broking …

Dartigues Joins JLT Re’s Paris Office as Client Manager

JLT Re the global provider of reinsurance broking and consultancy, has appointed Eve Dartigues in Paris as a client manager. Dartigues started her career in aviation insurance at La Reunion Aerienne and in property catastrophe reinsurance at Liberty Specialty Markets …

JLT Employee Benefits to Buy Corporate Unit of Close Brothers Asset Mgmt

JLT Employee Benefits has agreed to acquire the corporate business of Close Brothers Asset Management Limited for an undisclosed value. JLT EB said the deal will boost its client portfolio and strengthen its market share in pension administration, investment consulting …

Midyear Renewals Show Early Signs of Price Stabilization: JLT Re Report

Downward pricing pressures eased during the June 1 and July 1 renewals – the first time since January 2013 – which suggests that a reinsurance pricing floor is not far away, according to a report published by JLT Re. “Although …

JLT Specialty Says Lloyd to Step Down as CEO; Knowles Named Successor

Jardine Lloyd Thompson Group plc has announced that as part of a planned succession, John Lloyd will step down as CEO of JLT Specialty Ltd. at the end of the year. Lloyd will remain with the group, continuing to advise …

JLT Risk Solutions Hires 2 Execs for Credit, Political & Security Risks, M&A Division

JLT Risk Solutions AB, a member of the Jardine Lloyd Thompson Group plc, has appointed Magnus Toftgård and Magnus Lindgren to strengthen the Credit, Political and Security Risks (CPS) and M&A Insurance (M&A) division, based in Stockholm. Magnus Toftgård joins from …