Jardine Lloyd Thompson News

JLT Says Worst Rate Slump since 2001 Leading Insurers to ‘Naive’ Risk Taking

Jardine Lloyd Thompson Group Plc’s Dominic Burke said the worst slump in prices for insurance policies since Sept. 11, 2001 has led some insurers to take on too much risk to win business. Burke, the chief executive officer of the …

JLT Acquires Hong Kong-based Lambert Brothers Holdings

Jardine Lloyd Thompson Group announced that its Asia business has acquired Hong Kong-based Lambert Brothers Holdings Limited (LBH). The bulletin noted that “LBH has been an independent insurance and employee benefits broker since leaving the Heath Lambert Group in 2007 …

JLT to Acquire Towers Watson Reinsurance Brokerage Unit, Expand Into U.S.

UK-based broker Jardine Lloyd Thompson Group plc (JLT) said it is acquiring the reinsurance brokerage business of New York-based Towers Watson for $250 million. JLT said the acquisition would provide “a very strong reinsurance platform” in the key North American …

JLT in Tie-up with Spanish Commercial Broker Unipsa

The UK-based Jardine Lloyd Thompson Group plc announced that it will combine its existing Spanish retail brokerage  business, JLT-SIACI Espana S.L., with the business of March – Unipsa Correduria de Seguros, S.A.U., the fourth largest commercial insurance broker in Spain …