JLT Reinsurance Brokers Limited (JLT Re) announced the appointment of Stuart Beatty as Managing Director, Asia Pacific (APAC), JLT Re Fac. Alistair Lockhart-Smith, Managing Director, welcomed Beatty to JLT Re as part of its imitative to expand its international team. …
Charlotte-based AmWINS Group, Inc. has confirmed that it intends to acquire THB Group plc of London. AmWINS said the directors of THB have unanimously agreed to recommend that its shareholders approve AmWINS’ cash offer price of 80.55 pence [$1.28] per …
MMA Insurance (UK) announced that it “has enhanced its Shops, Offices and Surgeries products with a new level of rating sophistication on its Broker Online system.” It also noted that the developments “have also resulted in reduced minimum premiums, rate …
Xchanging, the London-based business process and technology services provider and integrator, announced that it has “gained full control of Xchanging Broking Services Limited, the Enterprise Partnership it formed with Aon Limited.” The consolidation follows Aon’s decision to exercise “the put …
Cooper Gay Swett & Crawford (CGSC) is the largest independent (i.e. privately owned by its employees and private equity funds) global wholesale and reinsurance broker. Over 1,400 professionals work in some 60 offices on four continents. “In this globalized world …
Hub International Limited announced that it has entered into a definitive agreement to acquire the operations of Horizon Insurance, LP. , a full service insurance brokerage firm headquartered in Manitoba. The acquisition is expected to close in the third quarter …
The Independent Insurance Agents & Brokers of New York and the Council of Insurance Brokers of Greater New York have filed a formal appeal of a trial court ruling that upheld a controversial state regulation. Attorneys from the law firm …
China is considering a proposal to create a ministerial-level body to manage its state-owned banks and non-bank financial enterprises, two sources with knowledge of the plan said, a move that would strengthen Beijing’s grip on its lenders. China’s motivations for …
Specialist insurance broker BMS Group announced that its results for the year ended December 31, 2010, show a “strengthening of financial resources and a share buyback,” which will “support BMS’ expansion strategy in the US and London, as well as …
London-based United Insurance Brokers announced the appointment of Tony Dilley as International Operations Director. “He will assume responsibility for the running of all UIB’s international offices with successful implementation of agreed group strategies,” UIB said. Dilley was most recently at …
