Shares in Jardine Lloyd Thompson (JLT) have surged over 6% this morning as talk of the expected acquisition of Heath Lambert Group gathers pace.
Earlier today, Morgan Stanley raised the brokers rating to "equalweight" from "underweight".
According to reports, Morgan Stanley analyst David Collins also said a possible deal could lead to the loss of up to 400 jobs in a combined entity, saving £16m per year.
Collins put a fair value on the stock of 465p.
Shares are currently trading at 395.75p.
The 2025 Insurance Times Awards took place on the evening of Wednesday 3rd December in the iconic Great Room of London’s Grosvenor House.
Hosted by comedian and actor Tom Allen, 34 Gold, 23 Silver and 22 Bronze awards were handed out across an amazing 34 categories recognising brilliance and innovation right across the breadth of UK general insurance.
Hosted by comedian and actor Tom Allen, 34 Gold, 23 Silver and 22 Bronze awards were handed out across an amazing 34 categories recognising brilliance and innovation right across the breadth of UK general insurance.
Many congratulations to all the worthy winners and as always, huge thanks to our sponsors for their support and our judges for their expertise.
