
Jardine Lloyd Thompson acquires Harman Wicks & Swayne
HWS's reinsurance broking business will be combined with JLT's existing Non-Marine Treaty operation and will trade as part of JLT Re. The UK wholesale business will be integrated within JLT's UK insurance broking business.
HWS will b purchased from its shareholders, which consist wholly of its management and employees, for a net cash consideration comprising an initial payment of £5m and a deferred element up to a maximum of £3.75m.
The deferred element is based on the future performance of the
Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
To access these options, along with all other subscription benefits, please contact [email protected].
You are currently unable to print this content. Please contact [email protected] to find out more.
You are currently unable to copy this content. Please contact [email protected] to find out more.
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Printing this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email [email protected]
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Copying this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email [email protected]
More on E-Trading
Most read
- Aviva UK sees COR deteriorate and operating profit slip
- Tribunal overturns CMA Most Favoured Nation clauses ruling and £17.9m Compare The Market fine
- FOI reveals scale of FCA investigation into leaseholder insurance
- People Moves: 8-12 August 2022
- Policy Expert targets doubling within five years, says CEO Steve Hardy
- MGAs rising up GRP’s buying plans
- GRP-owned Newstead promotes Sarah Giles to managing director