The fastest wage gains since the 2008 global financial crisis are throwing up opportunities and obstacles throughout the UK economy, leaving workers to wonder how much they’ll ultimately benefit. Underlying wages, adjusting for distortions caused by lockdowns and the furlough …
Howden, the international re/insurance broker, announced it has acquired Ross Insurance Group, a commercial broker servicing corporate and technology clients, as it continues to invest in expertise for its UK business. Ross Insurance Group currently offers a broad range of …
The credit insurance and surety specialist, Xenia Broking Group, announced it has acquired Peter Hill Credit & Financial Risks Ltd., based in Northampton, England. Peter Hill is a leading specialist trade credit insurance and surety broker, with a particular focus …
Bain Capital has made a final pitch to members of British insurer LV= to back its takeover bid, after a lengthy sale process that’s drawn a dozen offers as well as political heat about preserving mutual firms. The deal will …
Aston Lark Group, the London-based insurance broker backed by Goldman Sachs that is soon to become part of Howden, announced it has acquired Innovation Broking. Financial details of the deal were not disclosed. Established in 2015, Innovation Broking is an …
MNK Re Ltd., the London-headquartered Lloyd’s specialist broker, is launching MNK Re UK Specialty Ltd., to focus on UK wholesale and retail business. This new business will build out a wider category of risk solutions, providing an enhanced offer to …
Ripe Thinking Ltd., a UK-based digital underwriting and insurance distribution platform, is pleased to announce that it has entered into a definitive agreement for Aquiline Capital Partners LLC to acquire a majority stake in the company. Financial details of the …
UK baker Greggs Plc filed a $137 million (£100 million) legal claim against Switzerland’s Zurich Insurance Group in a disagreement over a pandemic-related insurance payout, according to a report in the Sunday Times. The chain claims it is entitled to …
Britain’s financial watchdog said on Tuesday it won’t stop insurer LV= from proceeding with the disputed sale of its pensions and life insurance business to U.S. private equity company Bain Capital. LV=, founded in 1843 and formerly known as Liverpool …
Aston Lark, the Goldman Sachs-backed broker, announced the acquisition of Absolute Products Ltd., its 40th deal since its formation in 2018 and its 24th in 2021 alone. Financial terms of the deal were not disclosed. Established in 2002, insurance broker …
