Latest March JLT Headlines
All the headlines from our March JLT Topic Page, ordered by recency.
JLT Posts $104.4 Million H1 Profit
Aug 1 2007 // The UK’s Jardine Lloyd Thompson Group plc announced good results for the six months ended June 30, 2007, notably a 12.4 percent rise in “underlying profit before tax” of £51.1 million ($104.4...
JLT Says Offer for Pavilion Shares Now ‘Unconditional’
May 23 2007 // JLT Corporate Risks Ltd., a subsidiary of the Jardine Lloyd Thompson Group, announced that as of May 21 it has received 48,176,192 valid acceptances of its share offer for Pavilion Insurance Network Plc., approximately...
ICAP and JLT Announce Joint Venture
Feb 28 2007 // ICAP plc, a leading interdealer broker, and UK-based broker Jardine Lloyd Thompson have agreed to establish a joint venture company owned equally by the two groups. They plan to “operate in areas where the market for...
2006:a big year for P&C buyers and sellers of all shapes and sizes
Dec 24 2006 // JANUARY Hallmark Acquires Fort Worth, Texas-based Hallmark Financial Services Inc. has completed its acquisition of Aerospace Holdings LLC, which markets general aviation insurance products. Hallmark underwrites...
JLT Completes Sale of U.S. Retail Business to Alliant
Oct 19 2006 // The London-based broker Jardine Lloyd Thompson Group confirmed that the sale of its US based retail P/C Insurance and Employee Benefits businesses to Alliant Insurance Services, Inc. was completed after the close of...
Business Moves
Sep 25 2006 // Alliant, Jardine Lloyd Thompson Jardine Lloyd Thompson Group PLC sold its U.S.-based property and casualty insurance and employee benefits businesses to California-based Alliant Insurance Services Inc. JLT said the...
Business Moves
Sep 25 2006 // Progressive, Mass. Commercial Auto Massachusetts is about to get a new auto carrier — for commercial, not personal, lines. Progressive Insurance is awaiting approval of rate and form filings from the Massachusetts...
Alliant Buys U.S. Retail Business of Jardine Lloyd Thompson
Sep 8 2006 // Jardine Lloyd Thompson Group plc (JLT) said it has sold its U,S. based property and casualty insurance and employee benefits businesses to California-based Alliant Insurance Services, Inc. “The sale of the retail...
JLT Names Rush as New Group Finance Director
Jul 6 2006 // The U.K.’s largest broker, Jardine Lloyd Thompson Group, announced that George Stuart-Clarke will stand down as Finance Director and be replaced by Jim Rush, immediately following publication of the firm’s 2006...
Aon Subsidiary Acquires JLT Services
May 12 2006 // Aon’s Affinity Business Expanded Through Acquisition of JLT Services Corporation Division Affinity Insurance Services Inc., a subsidiary of Aon Corp., has acquired a division of JLT Services Corporation (JLT)...
JLT Expands Lloyd’s Security/Privacy; Adds U.S. E&O Tech Coverage
Apr 4 2006 // JLT Risk Solutions Ltd;, part of London-based global broker Jardine Lloyd Thompson Group plc, announced a significantly expanded insurance program within the Lloyd’s of London market “to provide security and...
JLT 2005 Profits Down 20%
Mar 8 2006 // Jardine Lloyd Thompson Group plc. has reported a 20 percent drop in pretax profits in its preliminary earnings report. The U.K.’s largest insurance broker said that profit “before tax, exceptional items and...
JLT Forms U.S. Unit for Emerging Market Risks
May 30 2005 // The Houston office of international insurance broker Jardine Lloyd Thompson LLC announced that it has created a new division to meet the needs of U.S.-domiciled clients engaged in business in the world’s emerging...
JLT Warns Brokers and Underwriters to Invest in Client Industry Expertise and Technical Resources
May 23 2005 // Mike Hammond, the CEO of Jardine Lloyd Thompson Risk Solutions Ltd., told delegates at a conference in Lugano, Switzerland, that the “insurance industry must invest in the necessary technical skills if it is to...
JLT Says Weak Dollar, No PSA’s, Soft Market May Impact 2005 Results
Apr 29 2005 // Jardine Lloyd Thompson Group PLC, the largest U.K.-based broker, issued a statement in conjunction with is annual general meeting (AGM) warning that the weak US dollar, the absence of PSA’s and a continued softening...
JLT Risk Solutions (Bermuda) Ltd. Licenses CATEX Pivot Point Service
Apr 14 2005 // The Catastrophe Risk Exchange International Inc. (CATEX), a provider of web-based trading and back-office services to the international insurance and reinsurance market, announced that JLT Risk Solutions (Bermuda) Ltd., a...
Jardine Lloyd Thompson Secures Lloyd’s of London Protection for Financial, Healthcare Sectors
Mar 9 2005 // JLT Risk Solutions Ltd. and Jardine Lloyd Thompson LLC, part of Jardine Lloyd Thompson Group plc, reported insurance capacity has been secured within the Lloyd’s of London market to provide new insurance protection...
Jardine Lloyd Thompson Secures Lloyds of London Ins Protection to Financial & Healthcare Sectors as Identity Theft Grows
Mar 3 2005 // London: JLT Risk Solutions Ltd and Jardine Lloyd Thompson LLC, part of Jardine Lloyd Thompson Group plc (JLT.LN) said today insurance capacity has been secured within the Lloyd’s of London market to provide new...
People & Places
Jan 24 2005 // Andy Schor Michigan Office of Financial and Insurance Services Commissioner Linda A. Watters named Andy Schor as the new public information officer. As PIO, Schor’s responsibilities will be to share the priorities...
JLT Warns on Profits; CEO McGill Resigns
Nov 29 2004 // London-based broker, Jardine Lloyd Thompson Group plc, announced that it expects pre-tax profits and “exceptional items” for 2004 to be around £92 million ($175 million); or £100 million ($189.5 million)...
