JLT Group
JLT's profit margin hit by US build-out
JLT's first half profit margin declined from 19.7% last year to 17.3% as it made a net trading loss of £12.6m on its US specialty business. The broker said this was in line with expectations.
JLT sues Howden in Singapore to halt staff exodus
JLT is pursuing Howden and a Singapore executive firm in the Singapore courts after key staff including JLT's Singapore managing director Goh Chye Huat left in May.
AJG buys 65% stake in Columbian energy & construction specialist
Arthur J Gallagher has extended its investment in Latin America with a 65% stake in independent Colombian energy and construction specialist Arm Re.
Willis recruits from AIA and JLT in Asia
Willis has appointed David Chan as Asia head of affinity and SMEs, and Cedric Luah as Asia head of human capital and benefits.
FCA hires insurance leader as supervision director
The Financial Conduct Authority has appointed JLT strategic advisory group member Jonathan Davidson as its retail and authorisations supervision director.
Markel appoints new senior underwriter and head of professional indemnity
Markel International has appointed David Sawyer as senior underwriter and head of professional indemnity in its professional and financial risks division.
Industry warned of cyber threat as big data collection speeds up
The increased collection of big data by insurers is likely to make them the targets of cyber criminals, the industry has been warned.
Broker talent: painful breakups
As recent court cases have shown, leaving a company to join a competitor can be a less than straightforward affair.
Willis appoints Weaver as South East Asia CEO
Willis has appointed Miller's head of Asia Simon Weaver as CEO of its Singapore office and regional CEO for South East Asia.
JLT Re looks to Asia-Pacific division for global COO hire
JLT Re has appointed its Asia-Pacific region chief operating officer Craig Brokenshire as global COO.
Market Moves - 11 June 2015
Keep abreast of the insurance market's movers.
Career File - Charlie Rozes: Rozes given JLT finance director role
Charlie Rozes is set to relieve Jardine Lloyd Thompson CEO Mike Reynolds of his group finance director duties.
Downey and Lum take JLT Singapore leadership roles
David Lum deputy chairman of JLT Asia, and Warren Downey, deputy CEO of JLT Asia, are to become chairman and managing director respectively of the broker's Singapore office.
JLT appoints group finance director
Charlie Rozes is set to relieve Jardine Lloyd Thompson CEO Mike Reynolds of his group finance director duties.
Paul Matthews leaves Thistle
Paul Matthews, the CEO of JLT’s managing general agent Thistle Insurance Services, has left the company, according to documents filed with Companies House.
Howden recruits five from JLT in Singapore
Howden International has recruited five senior brokers from rival JLT in Singapore.
Fight for talent in broking tipped to lead to further litigation
Recent high profile litigation in the broking sector related to team moves has been deemed the "tip of the iceberg" by market commentators who are predicting further similar disputes.
JLT releases positive management statement ahead of AGM
Jardine Lloyd Thompson is confident in the business' growth momentum and says its trading performance is in line with expectations, according to an interim management statement.
JLT vows to 'vigorously defend' business interests in face of Willis law suit
JLT has vowed to “defend its legitimate business interests vigorously” after broking rival Willis commenced legal proceedings against the firm in relation to the appointment of staff from the Willis fine art, jewellery and specie division.
Willis launches legal proceedings against JLT and FAJS boss Gordon
Willis has commenced legal proceedings against JLT and employee David Gordon a week after JLT Specialty announced the appointment of Gordon and 21 of his Willis fine art, jewellery and specie colleagues.
JLT's Hong Kong MD Cousins arrested following daughter's death
The managing director of JLT’s Hong Kong operation has been arrested following the death of his 15-year-old daughter on suspicion of "ill treatment or neglect" of a child or young person.
JLT raids Willis for 22 strong fine art and specie team including new CEO Gordon
JLT Specialty has recruited David Gordon from Willis to head up its specie, fine art & jewellery division.
Scope joins Willis as Bermuda chairman
Willis has appointed Jardine Lloyd Thompson's Paul Scope as Willis Bermuda chairman.
Celebrity Endorsements: All that glitters
What happens when the actions of a company’s celebrity endorser bring a campaign to its knees?