November 21, 2018
Guy Carpenter & Co., the global risk and reinsurance specialist and a wholly owned subsidiary of Marsh & McLennan Cos. (MMC), announced a new leadership appointment from Jardine Lloyd Thompson Group plc (JLT). Effective upon closing of the transaction between …
November 13, 2018
Marsh announced the formation of Marsh-JLT Specialty, a new specialty business within Marsh that will combine the specialty teams of Marsh and Jardine Lloyd Thompson Group plc (JLT), effective upon the closing of the purchase of JLT by Marsh’s parent …
November 7, 2018
Marsh & McLennan Cos. Inc. announced that its £4.3 billion ($5.6 billion) acquisition of broker Jardine Lloyd Thompson Group plc has been approved by JLT’s shareholders. Of those shares voted, 99.9 percent voted in favor of the transaction, said MMC …
October 15, 2018
The Federal Trade Commission (FTC) and Justice Department have concluded their competitive review of the proposed acquisition of London-based re/insurance broker Jardine Lloyd Thompson Group (JLT) by New York-headquartered Marsh & McLennan Companies (MMC) and granted permission for the transaction …
September 19, 2018
Too much capital and not enough growth. Faced with this ailment, the insurance sector is reaching for a costly remedy — M&A. Marsh & McLennan Cos. Inc. Tuesday became the latest [insurance industry participant]* to splash the cash, agreeing to …
September 18, 2018
Marsh & McLennan Inc. (MMC) has been preparing for a major acquisition and admiring its competitor Jardine Lloyd Thompson (JLT) for years. So right after the CEOs of the two firms met on Sept. 7 and he sensed an opening, …