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Ravenscroft expands cash management offering with Royal London acquisitions
21 September 2018
Guernsey

Investment services group Ravenscroft has agreed a deal to acquire Royal London Asset Management and Royal London Custody Services to expand its cash management offering

SBLI ratings downgraded by A.M. Best
21 September 2018
New York

The Savings Bank Mutual Life Insurance Company of Massachusetts (SBLI) has had its long-term issuer ICR downgraded from “a+” to “a” and affirmed its FSR of A (Excellent) by A.M. Best

JLT deal gives Marsh & McLennan ‘greatest concentration of talent in industry’
21 September 2018
New York

Marsh and McLennan Companies’ acquisition of Jardine Lloyd Thompson Group gives it the “greatest concentration of talent in our industry”, according to Dan Glaser, president and CEO of MMC

Artex appoints new Gibraltar MD
21 September 2018
Gibraltar

Artex has appointed Paul Cole as its Gibraltar managing director

Marsh & McLennan to cut 5 percent of jobs after JLT deal
20 September 2018
New York

MMC expects to cut up to five percent of its workforce following the acquisition of JLT, an estimated 3,750 jobs

R&Q writes novation for Barbados captive
20 September 2018
Barbados

R&Q has agreed to the novation of the commercial general liabilities of a Barbados-based captive, which reinsured the liabilities of its Canadian corporate parent

Moody’s: Marsh & McLennan ratings affirmed, outlook downgraded after JLT deal
20 September 2018
New York

Following the JLT acquisition agreement, Moody's has affirmed the ratings of MMC and downgraded its rating outlook to negative

Lloyd’s Brussels' policy documentation published
19 September 2018
London

A new suite of policy documentation has been published to support the underwriting of risks from the European Economic Area by Lloyd’s Brussels

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