Latest News – Page 2067
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R&SA to underwrite Derbyshire in affinity deal
Insurer deal worth £30m GWP over three years.
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Biba launches SME business continuity campaign
Biba leads call for SMEs to improve business continuity.
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RMS appoints climate expert
Dr Celine Herweijer has joined Risk Management Solutions as principal scientist, future climate...
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MMC sells Putnam for $3.9bn
Marsh & McLennan has today confirmed the sale of Putnam Investments to Great-West Lifeco for $3.9bn in cash. Putnam, which is one of the largest investment management firms in the US, had some $192bn under management at the end of 2006.Michael Cherkasky, president and chief executive officer, described the transaction ...
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Zurich initiative to offer cover to disadvantaged countries
Zurich announces a new initative to expand cover to disadvantaged people in countries across Africa, Asia and Latin America...
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Jelf profits soar to £3.3m as £10m acquisition announced
Jelf Group has more than doubled its profits for the year ending 30 September 2006 to £3.3m from £1.3m.It comes as the Bristol-based broker announced the acquisition of healthcare consultancy SPS Wellbeing in a deal worth £10m. It is the sixth business to be acquired by Jelf in the past ...
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Alec Finch profits plunge 75% as soft market bites
The softening commercial market hit Manchester broker, Alec Finch Group, which saw profits tumble by 75% in 2006. Pre-tax profits for the year were £126,724 compared to £478,200 a year earlier. The news comes just weeks after the broker was acquired by French intermediary, Verlingue.The group blamed the slump ...
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Broker Academy to offer range of training
AXA and Biba team up with the Faculty of Insurance Brokers in landmark initiative
