Marsh & McLennan Companies Inc (MMC.N)
21 Sep 2018
Tue, Sep 18 2018
Marsh & McLennan Cos Inc has agreed to buy British rival Jardine Lloyd Thompson for $5.7 billion (4.3 billion pounds) as the world's biggest insurance broker looks to expand its global presence and increase its focus on faster-growing niche insurance areas.
* Latest deal in a consolidating insurance industry (Adds details, updates shares, background)
Marsh & McLennan Companies Inc has agreed to buy Jardine Lloyd Thompson for about 4.3 billion pounds ($5.7 billion) as the U.S. financial services group looks to boost its speciality risk broking and global reinsurance business.
Sept 18 U.S. financial services group Marsh & McLennan Companies Inc has agreed to buy Jardine Lloyd Thompson in an all-cash deal that values the UK insurance and reinsurance broker at about 4.3 billion pounds ($5.7 billion), the companies said on Tuesday.
* MARSH & MCLENNAN COMPANIES REPORTS FIRST QUARTER 2018 RESULTS
April 13 The following financial services industry appointments were announced on Friday. To inform us of other job changes, email firstname.lastname@example.org.
* INSURANCE FIRM MARSH SERVICES LTD SAYS HAS MEAN GENDER PAY GAP OF 42.5 PERCENT, MEAN BONUS GAP OF 60.2 PERCENT Further company coverage: (Reporting By Carolyn Cohn)