Canadian Underwriter

News BrokersInsuranceMergers and Aqcuisitions

Jardine Lloyd Thompson acquired by Marsh & McLennan

April 1, 2019 by Greg Meckbach

Marsh & McLennan Companies Inc.’s acquisition of London, England-based Jardine Lloyd Thompson Group plc is now complete, New York City-based Marsh & McLennan announced Monday. The deal – which could form the world’s largest commercial property and casualty brokerage –

News BrokersMergers and Aqcuisitions

Gallagher to buy Jardine Lloyd Thompson’s aerospace operations

March 4, 2019 by Greg Meckbach

Arthur J. Gallagher & Co. announced Monday it has agreed to buy the global aerospace operations of  Jardine Lloyd Thompson Group plc. If the deal goes through, about 250 JLT employees worldwide would join Gallagher. Monday’s announcement comes six months

News BrokersMergers and Aqcuisitions

More commercial brokerage consolidation could follow Marsh-JLT combo

September 19, 2018 by Greg Meckbach

A US$6-billion merger between Marsh & McLennan Companies Inc. and Jardine Lloyd Thompson Group Plc could form the world’s largest commercial brokerage, and more mergers and acquisitions among commercial brokerages will likely to follow, a Canadian M&A expert suggests. Marsh

News BrokersMergers and Aqcuisitions

Marsh & McLennan agrees to buy Jardine Lloyd Thompson

September 18, 2018 by Greg Meckbach

If a US$6.4-billion deal announced Tuesday is approved, commercial brokerages Marsh and Jardine Lloyd Thompson will be owned by the same company. New York City-based Marsh & McLennan Companies Inc. says its board of directors has agreed to an acquisition

News Reinsurance

Cyber criminal interest in electrical utilities on the rise

July 16, 2018 by Greg Meckbach

Electrical and utility firms in North America continue to be a target for cyber criminals, the head of a cyber loss modelling provider suggests. Over the past few months, there has been an “uptick in threat actor activity around energy