Aviva PLC, Britain’s largest insurance company, said Thursday it will take over U.S. life insurance company AmerUs Group Co. in a $2.9 billion deal that will expand the U.K. insurer’s reach into the U.S. market. London-based Aviva will pay $69 …
Gresham, a U.K.-based mid market private equity specialist, announced that it has backed Chris Giles and the management in the management buyout of Giles Insurance Brokers Limited, one of the UK’s fastest growing commercial insurance brokers, in a deal valued …
A.M. Best Co. has downgraded the issuer credit rating (ICR) to “bbb” from “a-” of the U.K.-based Wellington Underwriting plc (WU), the non-operating holding company of the Wellington group. At the same time, Best assigned debt ratings of “bbb-” to …
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 interim results. Rush, 45, is an Australian Chartered Accountant. …
Jardine Lloyd Thompson Group plc, the U.K.’s largest broker, has issued a brief statement confirming that it is in discussions with the Heath Lambert Group concerning a possible offer. JLT said the “discussions are at an early stage and may …
ACE Limited has sold three run-off reinsurance subsidiaries to Randall & Quilter Investment Holdings Limited, an international insurance management firm. The agreement to sell ACE American Reinsurance Company, Brandywine Reinsurance Co. (UK) Ltd. and Brandywine Reinsurance Company S.A.-N.V. to Randall …
EU Leaders Fiddle While Europe Burns: The crisis in the European Union, provoked when French and Dutch voters rejected the EU Constitution, is being largely ignored by Europe’s leaders. Instead of a bit of soul-searching and reassessment, they’ve chosen to …
Dallas-based Colemont Insurance Brokers – Texas announced the promotions of Su Young to assistant vice president and Amy Rosso-Leiker to the position of broker. Young joined Colemont in 2001 as a financial services broker. She specializes in directors and officers, …
People Dallas-based Colemont Insurance Brokers – Texas announced the promotions of Su Young to assistant vice president and Amy Rosso-Leiker to the position of broker. Young joined Colemont in 2001 as a financial services broker. She specializes in directors and …
It’s nice to learn that Lloyd’s hasn’t turned its back on covering the perils that may strike the world’s movie, sports and assorted other celebrities. On the contrary, a recent article on its Website (www.lloyds.com) indicates that due to the …
