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Towers Watson and Co Completes Sale Of Its Reinsurance Brokerage Business To Jardine Lloyd Thompson Group plc

Wednesday, 6 Nov 2013 02:00am EST 

Towers Watson and Co announced the completion of its sale of the Company`s reinsurance brokerage business to Jardine Lloyd Thompson Group plc (JLT) for cash consideration of $250 million. JLT has announced plans to merge the former Towers Watson brokerage operation into its current reinsurance brokerage unit and to conduct combined business as JLT Towers Re until full integration is completed in 2015. 

Company Quote

-1.39 -1.21%
19 Dec 2014