AccessMyLibrary provides FREE access to over 30 million articles from top publications available through your library.
Create a link to this page
Copy and paste this link tag into your Web page or blog:
News - US broking giant mulls UK acquisition options.
(From Post Magazine)
Byline: Olivier C Laurent.
Hub International this week became the latest acquisitive US broking giant to admit interest in the UK and European insurance markets.
Kirk James, chief corporate development officer for the Chicago-based company, said: "Our short-to-mid-term plans call for us to complete our US footprint, particularly in the Southwest and Southeast. Once we are along the way to accomplishing that, I am sure we will consider our opportunities in the UK and Europe."
The news came as Hub Insurance announced its agreement to be bought by private equity firms Apax Partners and Morgan Stanley Principal Investments. The transaction is valued at $1.7bn.
Hub Insurance joins a long list of US-domiciled brokers looking at the UK market for growth. In August 2006, Lockton International facilitated its entry when it bought Alexander Forbes Risk Services for GBP86m ...
- TNX Television Installs Television System on London Routes of Leading Train...
- Press release article from: Business Wire November 4, 2004 700+ words
...in the U.K. The London market is considered to be the most attractive UK market for advertisers...available to the London market," said Irwin Gross...covering 40% of the UK commuter train market...of the important London market. The TNX system...
- London test gets thumbs up.(London Market Faculty)(Chartered Insurance...
- Magazine article from: Financial Adviser May 11, 2006 700+ words
...Thornton, chairman of the London Market Faculty, said he welcomed...professional moving into the London market for the first time -" taking...business is traded in the London market and the roles and responsibilities...lloydstraining.co.uk
- IBM Appointed to Run Lloyd's Exchange; IBM to Run New Messaging Service for...
- Press release article from: M2 Presswire March 23, 2009 700+ words
...communication within the London Market. This will provide a smarter...efficiency and access to the London market, but also our adoption of...cost-effective for the London Market,' commented Graham Wright, UK Insurance Leader, IBM Global...
- XL London Market Ltd.(EXECUTIVE MOVES)
- Magazine article from: Risk & Insurance November 1, 2005 700+ words
XL London Market Ltd., part of XL Capital...leadership experience in the London market. His focus will be on the...Specie business via XL London Market Ltd., the firm said...Fine Art portfolio in the UK, Continental Europe and...
- Gaming Group Plans IPO on London Market.
- Newspaper article from: Sunday Business (London) (via Knight-Ridder/Tribune Business News) June 30, 2002 700+ words
Jun. 30--The UK casino and bingo hall operator...for a flotation on the London market that would value it at...growing enthusiasm among UK investors for gaming businesses...preparations for a listing on the London market. They've held a beauty...
- Daily Mail, London, market report column.
- Newspaper article from: Daily Mail (London) October 21, 2004 700+ words
...growing uncertainty among buyers, UK sales will fall 6 percent short of its forecast of 10,000 UK homes sold by the year- end...Further evidence that the UK housing market is slowing was...55.9 points at worst, the London market closed 38.8 points lower at...
- Aspen Set to Develop London-Based Aviation Account to Further Expand London...
- Press release article from: PR Newswire September 3, 2004 700+ words
...its intention that Aspen Insurance UK Limited, a wholly owned subsidiary, is to further expand its London market insurance portfolio by recruiting a...the United States: Aspen Insurance UK Limited (trading as Aspen Insurance...
- Aspen set to Develop London-Based Aviation Account to Further Expand London...
- Press release article from: PR Newswire September 3, 2004 700+ words
...its intention that Aspen Insurance UK Limited, a wholly owned subsidiary, is to further expand its London market insurance portfolio by recruiting a...the United States: Aspen Insurance UK Limited (trading as Aspen Insurance...