The EU Commission clears a merger subject to remedies in the markets of insurance broking services for specialty sectors and the provision of employee benefits-related services (JLT / MMC)

Mergers: Commission approves acquisition of Jardine Lloyd Thompson by Marsh & McLennan Companies, subject to conditions* The European Commission has approved, under the EU Merger Regulation, the acquisition of Jardine Lloyd Thompson (“JLT”) by Marsh & McLennan Companies (“MMC”). The approval is conditional on the divestment of JLT's global Aerospace practice. Marsh & McLennan Companies and Jardine Lloyd Thompson plc are global insurance brokers specialised in assisting clients in securing suitable cover for large and complex insurance risks in specialty sectors, such as aviation and large energy projects. The two companies are also active in the broking of reinsurance, and in the provision of retirement and employee benefits-related services. MMC and JLT are two of the most

Access to this article is restricted to subscribers

Already Subscribed? Sign-in

Access to this article is restricted to subscribers.

Read one article for free

Sign-up to read this article for free and discover our services.

 

PDF Version

Author

Quotation

European Commission, The EU Commission clears a merger subject to remedies in the markets of insurance broking services for specialty sectors and the provision of employee benefits-related services (JLT / MMC), 22 March 2019, e-Competitions Bulletin March 2019, Art. N° 89846

Visites 208

All issues

  • Latest News issue 
  • All News issues
  • Latest Special issue 
  • All Special issues